Penal Code Section 418
Cheating with knowledge that wrongful loss may be thereby caused to a person whose interest the offender is bound to protect
418. Whoever cheats with the knowledge that he is likely thereby to cause wrongful loss to a person whose interest in the transaction to which the cheating relates, he was bound either by law, or by a legal contract, to protect, shall be punished with imprisonment for a term which may extend to seven years or with fine or with both.
Please refer to the Attorney General's Chamber of Malaysia's website for the latest law.