<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 14): A former unit trust consultant has been charged by the Securities Commission Malaysia (SC) for deceiving four individuals of their investments amounting to RM50,000 between August 2015 and November 2016.</p></div>

<div class=newsTextDataWrapInner><p>Afkariah Md Norani, also known as Dr Afkar Norani, had represented to the investors that they were investing in an investment scheme under RHB Investment Bank Bhd, when in fact, such a scheme did not exist.</p></div>

<div class=newsTextDataWrapInner><p>The monies deposited by investors were then used for share transactions in her own account at the same investment bank, the SC said in a statement today.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>According to the SC, Afkariah was brought to the KL Sessions Court this morning to face four charges under Subsection 179(b) of the Capital Markets and Services Act 2007.</p></div>

<div class=newsTextDataWrapInner><p>She faces an imprisonment term of not more than 10 years and a fine of not less than RM1 million, if found guilty.</p></div>

<div class=newsTextDataWrapInner><p>The Sessions Court allowed bail at RM60,000 with one surety. Afkariah was also ordered to surrender her passport and report to the SC every month until completion of the trial.</p></div>

<div class=newsTextDataWrapInner><p>Members of the public are reminded to refer to the SC’s investor alert list for the list of unauthorised websites, products, companies and individuals.</p></div>


A former unit trust consultant has been charged by the Securities Commission Malaysia (SC) for deceiving four individuals of their investments amounting to RM50,000 between August 2015 and November 2016.

Former unit trust consultant charged with deceiving investors

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<p>The nomination centre&nbsp;for the Kuala Kubu Baharu state by-election closed at 10am on Saturday.</p>

<p>The announcement was made by returning officer Yuhanas Auree Kamaruddin&nbsp;at the Hulu Selangor Multipurpose Hall and District Sports Complex here.</p>


<p>Candidates contesting the upcoming Kuala Kubu Bharu by-election, a semi-urban seat located in the Hulu Selangor district, have started executing their campaign strategies over the weekend. The by-election is being held following the demise of its incumbent, Lee Kee Hiong from DAP, on March 21 due to cancer.</p>


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<p>Singapore will introduce a new law this year that will help so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said.</p>


<p>Nomination&nbsp;for the Kuala Kubu Baharu state by-election opened at 9am on Saturday at&nbsp;the Hulu Selangor Multipurpose Hall and District Sports Complex here.</p>


<p>Two earthquakes, the largest a 6.1 magnitude, struck Taiwan's eastern county of Hualien on Saturday, the island's weather administration said, with no immediate reports of damage.</p>

<p>The quakes, within half an hour of each other in the early hours of the morning, shook buildings in the capital, Taipei.</p>


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<p>China's industrial profits posted smaller gains for the first quarter compared to the first two months, official data showed on Saturday, adding to evidence of an uneven recovery for the world's second-biggest economy.</p>
