JJPTR founder wants to prove trading account was hacked

27 Apr 2017 / 08:40 H.

BUTTERWORTH: The founder of a troubled high-yield investment scheme will hold a press conference to prove that its trading account was hacked resulting in losses of US$50 million (RM218.26 million).
According to a source, the JJPTR (JJ Poor to Rich) founder wanted to hold a press conference soon to prove he did not scam away his members' capital.
"Lee has sought help from his friends to probe the trading accounts had been hacked but no clue has thus been found.
"Therefore, he hopes to disclose all the evidences and seek expertise to help him," a source said.
It is learnt Lee had held a meeting with his 40 Introduce Brokers (IBs) in the state to make a decision on his new plan.
Until now, no announcement has been made in his official Facebook page.
Meanwhile, Segambut MP Lim Lip Eng urged Lee to lodge police report within 48 hours, otherwise he would take next action if Lee or his representatives do not come forward after 48 hours.
The company running the scheme is in trouble after it claimed its trading account was hacked resulting in the financial losses.
There are also reports and social media posts claiming the losses could even reach RM500 million.
The high-yield investment scheme, popularly known as "money game", was established in 2015 and accepted investments as low as US$25 (RM109.15) and promised returns as high as 20% a month.
A visit to the main office at Jalan Perak here showed some people filling up forms to get their capital returned to them but staff there did not allow photographs to be taken.


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