PETALING JAYA, May 19 – JJ Poor to Rich (JJPTR) founder Johnson Lee and two of his aides were released from jail on police bail this afternoon. North Klang district police chief ACP Mohd Yusoff Mamat said the trio were released from their custody, but will be handed over to Penang police for further action.
“They were released this afternoon on RM5,000 police bail each as their remand ended today. At 1pm today, the three men were brought to the Bandar Baru Klang police station’s Commercial Crime Investigation Department to be handed over to Penang police for them to complete their investigations,” he said.
The three men were initially arrested in a 4.30am operation in Petaling Jaya on Tuesday and remanded till Thursday. The three men were investigated for a fraud case involving RM56,400 under Section 420 of the Penal Code for cheating. On Thursday, police requested for a three day remand extension but were only granted an additional day by the courts.
Last Friday, a task force from Bukit Aman’s Anti-Money Laundering squad, CCID, Bank Negara, the Companies Commission of Malaysia, Inland Revenue Department, National Revenue Recovery Enforcement Team and Cyber Security raided eight JJPTR premises in Penang. Among the locations targeted by the task force were offices and residential units.
During raids, 15 JJPTR employees and four investors aged between 23 and 40 had their statements recorded by police. JJPTR, a Penang-based company, came under scrutiny after investors said they had not been receiving their scheduled monthly payment. Lee had reportedly claimed that the company’s account had been hacked, leading to a loss of US$400 million. — PN