SC charges former investment banker for deceiving investors


KUALA LUMPUR: The Securities Commission (SC) has charged Charles Chua Yi Fuan, a former investment banker, for deceiving four investors who suffered losses amounting to RM76,000 between February 2018 to April 2018.

In a statement, the regulator said Chua, formerly vice president of debt markets at Hong Leong Investment Bank Bhd, had represented to the victims that they were investing in purported investment schemes involving subscription of securities, when in fact such schemes did not exist.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Zero tolerance for corruption
Malaysia’s total trade surges 24.7% to RM2.16 trillion in January-July 2026
FBG Holdings seeks to cease MediCity collaboration with PDC
EV localisation policy should strengthen industry, not restrict competition
Bintulu Port expects positive cargo throughput growth in 2026
Teladan 2Q net profit jumps 42% to RM9.3mil
DNeX 2Q net profit rises 33% to RM26.6mil
Bank Islam announces retirement of chairman Ismail Bakar
Skyworld posts better earnings for 1Q
Pesona Metro’s 2Q net profit rises 47%, revenue hits record high

Others Also Read