CHINESE TRANSLATE: https://gcgasiacheater.home.blog/2019/05/19/%e7%88%86%e7%82%b8%e6%80%a7%e6%96%b0%e9%97%bb%ef%bc%9a%e6%b3%95%e9%99%a2%e5%91%bd%e4%bb%a4gcg-asia%e4%b8%bb%e5%b8%ad%ef%bc%8c%e6%a3%80%e5%af%9f%e5%ae%98%e6%8c%87%e6%8e%a7%e6%9c%aa%e9%81%82/
MALAY TRANSLATE: https://gcgasiacheater.home.blog/2019/05/19/berita-terkini-mahkamah-mendakwa-pengerusi-gcg-asia-dituduh-dengan-kes-penipuan/
PHNOM PENH, May 19 (Xinhua) — A
Cambodian court on Sunday charged Yaw Foo Hoe, chief executive officer
of GCG ASIA, with “fraud attempt” for falsely claiming that country’s
Prime Minister Samdech Techo Hun Sen supported the company’s unlicensed
cryptocurrency trading, a spokesman said.
examining the case and questioning Yaw Foo Hoe, the prosecutor decided
to charge him with fraud attempt under certain articles of the criminal
code, Phnom Penh Municipal Court Spokesman Ly Sophana told reporters.
Under the charges, Hoe, who is a Malaysian national, is facing imprisonment between six months and three years.
authorities, in cooperation with the National Bank of Cambodia (NBC),
shut down the company and arrested Hoe, along with a woman reported to
be his wife, at his office in Phnom Penh’s Daun Penh district on Friday.
But, later, the woman was released because of her innocence.
arrest came after the company had operated cryptocurrency trading
without approval from the NBC, but to cheat the public, it had posted on
its website that it had received the license from the NBC, Deputy
National Police Commissioner Gen. Chhay Sinarith told Xinhua on Friday.
he said, the company had posted the photograph of the prime minister on
its website with a comment that he supported the company and would be
the honorary ambassador for GCG Asia’s opening ceremony in Cambodia on
“All activities that the company has done are aimed at cheating the public,” Sinarith said.
Sen wrote on his Facebook on Thursday that according to the information
from the Indonesian embassy to Cambodia, GCG ASIA was an unscrupulous
company and it had been blacklisted in Indonesia.
“In my status as the prime minister of Cambodia, I deny the information that has been posted on the above-mentioned company’s website because it’s untrue,” he said. Enditem