Insurance agent claims trial to fraud


KUALA LUMPUR: An insurance agent claimed trial at the Sessions Court here to a charge of deceiving a man by posing as a director of a financial management company, causing the victim to suffer a loss of RM900,000.

Teong Chooi Tim, 33, was charged with defrauding a 33-year-old individual by ­deceiving the victim into believing that he was the director of the company and offering the victim a lucrative return on an investment.

The victim transferred RM900,000 through 31 transactions into 17 accounts.

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