Logo of Phnom Penh Post newspaper Phnom Penh Post - Kampot oknha charged with aggravated fraud

Kampot oknha charged with aggravated fraud

Content image - Phnom Penh Post
Chea Saron and his alleged accomplices are escorted out of the criminal police station in Kampot province. POLICE

Kampot oknha charged with aggravated fraud

The Kampot Provincial Court has charged realty businessman Chea Saron and his eight accomplices with aggravated fraud.

Authorities alleged that Saron cheated more than 2,000 families out of some $40 million with bogus real estate development deals.

Saron, who held the honorific Oknha, and his accomplices were detained on April 27, while representatives from banks and micro-finance institutions (MFIs) involved in lending money to the victims to invest in the deals are continuing to address the question of "compensation" for the people whom Saron allegedly cheated in exchange for claims against Saron’s liquidated assets, said the provincial police.

According to a court detention order, Saron, 38, was chairman of Chea Saron Realty Co Ltd.

A Kampot native from Chhouk district, Saron has been placed under court supervision while awaiting trial for the crime of aggravated fraud committed within the province.


  • Joy as Koh Ker Temple registered by UNESCO

    Cambodia's Koh Ker Temple archaeological site has been officially added to UNESCO’s World Heritage List, during the 45th session of the World Heritage Committee held in Riyadh, Saudi Arabia, on September 17. The ancient temple, also known as Lingapura or Chok Gargyar, is located in

  • Ream base allegations must end, urges official

    A senior government official urges an end to the allegations and suspicions surrounding the development of Cambodia’s Ream Naval Base, now that Prime Minister Hun Manet has addressed the issue on the floor of the 78th UN General Assembly (UNGA 78). Jean-Francois Tain, a geopolitical

  • Cambodia set to celebrate Koh Ker UNESCO listing

    To celebrate the inscription of the Koh Ker archaeological site on UNESCO’s World Heritage List, the Ministry of Cults and Religion has appealed to pagodas and places of worship to celebrate the achievement by ringing bells, shaking rattles and banging gongs on September 20. Venerable

  • CP denied registration documents by ministry

    The Ministry of Interior will not reissue registration documents to the Candlelight Party (CP). Following a September 21 meeting between ministry secretary of state Bun Honn and CP representatives, the ministry cited the fact that there is no relevant law which would authorise it to do

  • Cambodian diaspora laud Manet’s UN Assembly visit

    Members of the Cambodian diaspora are rallying in support of Prime Minister Hun Manet’s forthcoming visit to the 78th UN General Assembly (UNGA 78) in the US’ New York City this week. Their move is an apparent response to a recent call by self-exiled former

  • After three deferrals, Capital Gains Tax to take effect Jan 1, 2024

    The General Department of Taxation (GDT) will implement the Capital Gains Tax starting January 1, 2024 to after being deferred three times as industrial players warn that the implementation might have some negative impact on the property market growth, which is down due to the economic downturn.