Woman charged with receiving stolen $388K

A woman was charged on Thursday with dishonestly receiving stolen money and transferring it to another person.

Khanim Omar, 51, is accused of three charges of dishonestly receiving stolen money amounting to $387,768 between July 26 and Aug 1 last year.

She is said to have transferred three sums of money totalling $372,352 which represented her benefits from criminal conduct to one Norlita Buang, 31, during the same period.

Bail of $200,000 was set.

Her case will be mentioned on April 25.

If convicted, she faces a jail term of up to five years and/or fine for each charge of dishonestly receiving stolen property; and a fine of up to $500,000 and/or a jail term of up to seven years on each of the other three charges.