Couple get four years in prison for illegal deposit taking

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Couple get four years in prison for illegal deposit taking
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KUALA LUMPUR: A former businessman and his wife were sentenced to four years in prison by the Sessions Court here today after being found guilty of ob...

: A former businessman and his wife were sentenced to four years in prison by the Sessions Court here today after being found guilty of obtaining over RM300,000 in deposits without a valid investment license nine years ago.

“After reviewing testimonies from both the prosecution and defense witnesses, the court finds the accused guilty,“ said Mohd Kafli, who also ordered both defendants to begin serving their sentences today. Ho and Koh were charged with illegally taking deposits for investment purposes, amounting to RM364,000, from Lee Kuan Peng, 51, at a restaurant in Sentul on December 16, 2015, and April 16, 2016.

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