How does a closed bank account factor into this alleged fraud?

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A Closed Bank Account Was Allegedly Used to Defraud a Businessman of RM500,000

A 74-year-old man, Ch’ng Kee Guan, has pleaded not guilty to a charge of cheating businessman Chang Seng Kooi, 53, out of RM500,000. The alleged fraud involved the repayment of an investment for a health food business, with the accused purportedly issuing a bank cheque for RM500,000 from an account that had already been closed. This incident is alleged to have occurred on March 2, 2008, at Wisma Zelan in Cheras.
Allegation of Fraudulent Cheque Issuance

The core of the accusation against Ch'ng Kee Guan centres on the use of a closed bank account to issue a repayment cheque. The prosecution alleges that on March 2, 2008, the accused presented a bank cheque for RM500,000 to the victim, Chang Seng Kooi. This cheque was reportedly drawn from an account that had been previously closed, rendering it invalid for the intended repayment of an investment.
Details of the Investment and Cheque

The sum of RM500,000 was allegedly part of an investment related to a health food business. The charge specifies that the repayment of this investment was attempted through the aforementioned cheque. The location cited for this alleged fraudulent act is Wisma Zelan, Cheras.
Legal Ramifications and Court Proceedings

The charge is framed under Section 420 of the Penal Code, which deals with cheating. If convicted, the penalty can include imprisonment for up to 10 years, along with whipping and a fine. Ch'ng Kee Guan has pleaded not guilty to the charge. The court has set bail at RM10,000 with one surety, and the next court mention date is scheduled for November 27.

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How does a closed bank account factor into this alleged fraud?

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