Kuala lumpur: A software company owner was fined RM6,000 by the Sessions Court for dishonestly transferring RM50,000 belonging to a retired insurance agent into his company's bank account last year.

According to BERNAMA News Agency, Judge Azrul Darus imposed the fine on Muhammad Farid Mohamad Mohyar, 27, after he changed his plea to guilty. The case was initially set for trial, but Muhammad Farid opted to plead guilty and subsequently paid the fine.

Muhammad Farid faced charges of transferring funds belonging to Wong Wai Chan, 66, into the bank account of his company, Inspira Marketing Sdn Bhd, located at Jalan Sri Hartamas 2, Taman Sri Hartamas, on July 5, 2024.

The charge falls under Section 424 of the Penal Code, which deals with dishonest or fraudulent removal of property. Conviction under this section can result in a jail term of up to five years, a fine, or both.

During the mitigation process, Muhammad Farid's lawyer, Sr. Muniandy, argued that his client was remorseful and had no prior record of wrongdoing. He explained that Muhammad Farid accepted a part-time job offer found on Facebook that required him to register a company and a bank account for commission payments.

The lawyer further stated that the accused was negligent and had provided his account details to the job offeror. He claimed that the transactions occurred while a third party controlled the account, and Muhammad Farid was unaware of the activities.

The case was prosecuted by Deputy Public Prosecutor M. Saravanan.