THE Securities Commission Malaysia (SC) has charged a former unit trust consultant, Nadihah binti Nawi, with securities fraud involving alleged misrepresentation of investment opportunities in Kuala Lumpur.
Nadihah, 34, appeared before the Kuala Lumpur Sessions Court on two charges under section 179(b) of the Capital Markets and Services Act 2007, read together with section 34 of the Penal Code. The charges were brought jointly with another individual who remains at large.
“She was charged with defrauding two investors of RM20,000 by representing to them a unit trust investment in Kenanga Investors Berhad,” the SC stated in a media release issued at 4.00pm on 30 July 2025. “The offences took place between January and June 2022 in Kuala Lumpur.”
The SC revealed that the money collected from investors was instead used by Nadihah for her own investments in Kenanga Investors Berhad. At the time, she was a registered unit trust consultant with Principal Asset Management Berhad.
Nadihah pleaded not guilty to both charges before Sessions Court judge Tuan Izralizam bin Sanusi. She was released on bail set at RM70,000 with two local sureties. The court further required her to report monthly to the SC’s Investigating Officer in Kuala Lumpur, though her passport was not seized, as it had already expired in 2023.
“If convicted, Nadihah faces a jail term not exceeding 10 years and a fine of not less than RM1 million,” the Commission added.
The SC has urged members of the public to remain vigilant and to verify any investment opportunities using its Investment Checker, available at [www.sc.com.my/investment-checker](http://www.sc.com.my/investment-checker). - July 30, 2025
