GEORGE TOWN: A press conference by a JJ Poor to Rich (JJPTR) branch representative to reveal how the investment scheme works was called off before the scheduled time because it was “too high profile”.
The press conference was supposed to be held at the Farlim Business Centre in Bandar Baru Air Itam here at 4pm Monday. However, it was cancelled 45 minutes before the event.
Press members in Penang received an invitation at around 8.30am Monday, claimed to be sent by a branch representative known as Lim.
In the invitation, Lim claimed that he wanted to share how the JJPTR investment scheme works, and he wanted the matter to be low profile.
He added that the press conference was important as he would show details and facts that he obtained from Johnson Lee (pic), the founder of JJPTR.
JJPTR grabbed the headlines recently when Lee claimed that the company lost US$400mil (RM1.738bil) due to a purported “hacking job”.
Investors panicked when the 20% monthly interest they were promised was not deposited into their accounts last month.
Lee and two of his aides were remanded until Tuesday for further investigations into the company’s investment scheme.
The three were brought to Taiping from George Town, Penang, on Sunday evening after a man in Kamunting lodged a report claiming he had lost RM4,700 in the JJPTR scheme.
Lee and his aides were released on police bail in Petaling Jaya on Friday after their remand expired, but they were re-arrested shortly afterwards.
They were handed over to Penang police for further investigations, but the Bukit Mertajam magistrate’s court rejected an application to remand them on Sunday.