KUALA LUMPUR: The Securities Commission (SC) charged Lau Min Thung yesterday at the Kuala Lumpur Sessions Court for offences relating to securities fraud and money laundering.
Lau, 43, formerly head of dealing at CIMB Investment Bank, Melaka, was charged with three charges under Section 179(b) of the Capital Markets and Services Act 2007 (CMSA) for defrauding three investors into depositing monies totalling RM808,000 for fictitious bond investments.
