PHNOM PENH, Cambodia — Police arrested 28-year-old Voeun Sreypich, an online lotion vendor, for allegedly defrauding nearly $300,000 from members of a tontine group she led last year.
Lieutenant Colonel Nhim Vuthy, Deputy Chief of the Crimes Investigation Unit in Phnom Penh, confirmed the arrest on Saturday in Veal Sbov commune, Chbar Ampov district. Sreypich was charged under a court warrant with fraud, breach of trust, and issuance of a dud cheque under Articles 377, 378, 391, and 392 of the Criminal Code, as well as Article 231 of the Law on Negotiable Instruments and Payment Transactions.
Police investigations revealed that Sreypich collected the funds from tontine members, promising high monthly interest returns before absconding and becoming unreachable until her recent arrest.
If convicted, Sreypich faces one to five years imprisonment. She has been handed over to Phnom Penh Municipal Court for further questioning and legal proceedings.
