A TAIWANESE national has lodged a police report against money game operator JJ Poor to Rich (JJPTR), claiming that he was representing 50 other investors who are now worried that their investments are lost.

The investors resorted to lodging a police report after JJPTR founder, Johnson Lee, had gone missing without a trace after he was released from police custody more than a month ago.

JJPTR’s website www.jjptr.com cannot be accessed, while its Facebook page @jjpoor2rich has not been updated since its last post on May 8, showing screenshots of bank transfers to reimburse some investors.

Penang Police Chief Commissioner Chuah Ghee Lye said the latest report was similar to an earlier complaint against JJPTR that was filed in Jelutong.

“We already started investigations then. The probe was later taken over by Bukit Aman to facilitate a more thorough investigation.

“With the new report, we will be expanding the investigation. Bukit Aman will monitor and provide assistance if we need technical expertise,” he told The Malaysian Insight.

Chuah confirmed that the probe was still under Section 420 for cheating, but declined to reveal more about the case with the investigation still ongoing.

“If we find grounds to press charges, then we will file charges in Penang, based on the report,” he said.

JJPTR made headlines in April after its founder, Lee, 28, claimed that the company’s forex trading account had been hacked, causing losses of over RM1.7 billion.

JJPTR had claimed to be involved in forex trading. Members invested between US$25 (RM107.48) and US$1,000 for a monthly return of 20%.

Lee pledged to refund investors who had lost their money in the forex trading scheme in stages and to reimburse new investors whose funds had not been traded.

Only some investors received their refunds, as the exercise was “disrupted” by Lee’s arrest by the police on May 16 in Petaling Jaya along with his two aides.

The arrests followed raids on May 12 by the police, Bank Negara Malaysia and several other federal authorities on JJPTR premises in Penang, where the company had its headquarters. Authorities also froze five JJPTR bank accounts.

On May 19, The Star quoted police sources as saying tens of millions of ringgit might had been moved overseas, and that they had found no trace of JPTR’s computers being hacked and proof of involvement in forex trading activities.

Lee and his aides were remanded for investigations in Klang in Selangor, Bukit Mertajam in Penang, and Taiping in Perak before their release on May 23. He had since been incommunicado.

Prior to his arrest, Lee had used Facebook to update his investors on the situation and the refunding exercise. He even announced a new scheme to replace the old forex scheme.

But the only activities on the Facebook page now are posts by a few individuals blasting JJPTR and asking for their money in the comments section.

The Malaysian Insight reached Lee’s father, Dr Lee Thean Chye, a former assistant professor previously attached to a private college in Johor, on Monday, but he refused to comment.

“Nothing. No comment,” he said when asked if there were updates on his son’s case. – June 28, 2017.