[ad_1]
The Kampot provincial courtroom yesterday charged and positioned Oknha Chea Saron and his eight associates in pre-trial detention in reference to allegedly dishonest greater than $40 million from greater than 5,000 households between 2019 and 2023 by an funding scheme organised by Saron’s firm, which promised excessive month-to-month returns.
Kampot provincial courtroom Spokesman Mann Boreth stated yesterday that the 9 males have been named as Chea Saron, the proprietor of Chea Saron Realty Co, Ltd and his associates, Eam Samrorb, Yeth Vanna, Rom Vichheka; Chea Sary, Chea Sarith, Vorn Kean, Luch Reap, and Pheang Hour.
They have been all charged with “Fraud with Aggravating Circumstances” beneath Articles 29 and 380 of the Felony Code, Boreth added.
If convicted, they face a jail time period between two and 5 years every.
Main Common Mao Chanmathurith, Chief of Kampot Provincial Police, stated they have been arrested on Saturday by Kampot provincial police.
Nevertheless, throughout a public discussion board organised by the Governor of Kampot province, Mao Thonin, on Saturday, earlier than the 9 males have been arrested, Saron, who was current, admitted that his firm had acquired cash from the victims.
This was solely his fault as a result of he was the proprietor of the corporate and it was not associated to his eight associates and he had no intention to cheat the victims, Saron stated.
“I wish to settle for all my errors and I’m very regretful of them,” Saron added.
“I promised that I might pay again the cash to all of the victims,” he stated.
Nevertheless, he couldn’t pay the victims’ month-to-month curiosity as a result of his firm didn’t earn any earnings from July 2022 till now, Saron stated.
[ad_2]
Source link
