Former banker gets three years jail, RM1mil fine for deceiving investor


KUALA LUMPUR: Former investment banker Charles Chua Yi Fuan was sentenced to three years in jail and fined RM1 million by the Sessions Court here t for deceiving an investor to invest in a non-existent investment scheme which caused the investor to lose RM175,000 five years ago.

Judge Kamarudin Kamsun handed down the sentence on Chua, 45, formerly vice president of debt markets at Hong Leong Investment Bank Bhd after he pleaded guilty to one out of the 17 charges.

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