KUALA LUMPUR, Sept 26 – JJ Poor To Rich (JJPTR) founder Johnson Lee and his two aides were charged with cheating at the magistrate’s court here today. Johnson,28, whose full name is Lee Chong Sen, and two others – Lim Seong Wei, 30, and Pang Chee Peng, 30, – claimed trial to the cheating charge.
They were jointly charged with cheating Yeoh Kian Lai by inducing him to invest in an investment scheme. They are alleged to have duped Yeoh into depositing RM4,700 to PCP Global Tech Sdn Bhd. The offence was said to have been committed at a bank in Jinjang, Selayang, at about 1.30pm on March 3.
The trio charge under section 420 of the Penal Code, which carries a jail term of not less than one year or not more than 10 years, whipping and also liable to a fine. Magistrate Siti Radziah Kamarudin granted RM4,000 bail to each of them and fixed Nov 2 for mention. The JJPTR investment scheme collapsed in April after the company claimed to have lost US$400mil (RM1.7bil) to a purported hacking job.
Its founder Johnson Lee and two of his aides were arrested by police on May 16 and released on police bail on May 23. JJPTR, JJ Poor to Rich and JJ Global Network are the three forex trading entities listed on the website, www.jjptr.com. The companies are among the 394 entities and individuals that are on Bank Negara’s Financial Consumer Alert list as of Aug 28. — PN
