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Malay Mail
02-07-2025
- Business
- Malay Mail
KL court fines IT executive RM20,000 for cheating salesman of three Rolex watches worth over RM140,000
KUALA LUMPUR, July 2 — An information technology executive was fined RM20,000 by the Sessions Court here today for cheating in a luxury watch transaction involving three Rolex timepieces worth more than RM140,000. Harian Metro reported that Wu Zhiwei, 27, pleaded guilty to an alternative charge read to him in Mandarin before Judge Azrul Darus. The court ordered that the Chinese national be jailed for 12 months if he fails to pay the fine. According to the charge, Wu deceived a 25-year-old watch salesman during the sale and purchase of three Rolex watches, prompting the victim to hand over two Rolex Datejust 41 models and a Black Submariner worth RM146,657. The offence was committed at a restaurant on Jalan Khoo Teik Ee, Dang Wangi, between June 4 and 16. He was charged under Section 417 of the Penal Code, which provides for a jail term of up to five years, a fine, or both upon conviction.
New Straits Times
02-07-2025
- New Straits Times
KL court fines Chinese national RM20,000 for cheating man out of 3 Rolex watches
KUALA LUMPUR: The Sessions court fined an information technology executive from China RM20,000 today after he pled guilty to cheating a man out of three Rolex watches worth more than RM140,000 last month. Wu Zhiwei, 27, pleaded guilty to an alternative charge after it was read out to him before judge Azrul Darus. Azrul ordered Wu to serve 12 months in jail if he failed to pay the fine. Wu was charged with cheating the victim into handing over two Rolex Datejust 41 watches and a Black Submariner, all worth RM146,657, at a restaurant in Jalan Khoo Teik Ee between June 4 and 16. The charge under Section 417 of the Penal Code provides for five years in jail, a fine or both upon conviction. In mitigation, lawyer Tan Cheng Yee said the accused did not have a criminal record. "He was remanded for five days and that served as a lesson for him. "He is remorseful and hopes the court will consider a reduced sentence." According to the facts of the case, the victim handed over the watches to Wu after he claimed his friends would make payments for him through online transfers. The friends later said although they had received money from Wu, the money reverted back to him. Deputy public prosecutor Wafa Zainal Abidin said the accused should be given a proportionate sentence as a lesson.
