JJPTR investors worry about the future of their investments

GEORGE TOWN: Investors of troubled high yield investment scheme JJPTR are worried about the future of their investments following the arrest of the founder and two of his accomplices early yesterday morning.

Those theSun spoke to expressed their worry that they could no longer get back their capital after Johnson Lee was arrested by police.

One of them, who only wanted to be known as Lim, 30, said she has yet to receive her capital of RM4,700.

She felt the latest development made it difficult for investors to get back their principal.

“I think its going to be hard for me to get back my money,” she said.

Chuah, 24, said he has obtained some returns after investing RM4,700 into the scheme but was worried now.

He expressed his shock after finding out Lee and two others in the scheme had been arrested.

“I have no choice now but to wait it out,” the factory worker said.

Daniel Lim, 24, told theSun he was stunned after finding out Lee was detained by the authorities.

He said he has invested tens of thousands into the scheme and did not what to think about the losses if the monies could not be returned to him.

“I will let it go as charity,” he added however.

Despite being arrested, Lee has support in Yen, 30, who said the new scheme will continue to attract investors.

“He will not be in the lock up forever and people will still continue to support him,” she added.

Meanwhile no one was at the JJPTR offices when theSun went to the premises in Bandar Baru Air Itam, Bayan Baru and Jalan Perak.

The doors to the offices was locked.

Penang police chief Datuk Chuah Ghee Lye said he has yet to receive instructions on conducting additional raids when asked.

“Everything still depends on orders from Bukit Aman,” he said after attending a blood donation drive at the Tanjung City Marina in conjunction with 210th Police Day celebrations.