In what will likely come as a shock to no one, investigators have found zero evidence of hacking in the JJPTR money game investment scheme. Gasp. In fact, according to investigators, there’s no evidence they even did any forex trading, at all. Surprise, surprise.
However, officers have found an extensive money trail that shows the majority of millions of RM taken, being moved into foreign bank accounts. This is beyond the reach of authorities at this time, although Malaysian accounts held by the firm have been frozen.
Bank Negara and Bukit Aman are working with a team of investigators to calculate exactly how much was given to JJPTR. This is proving difficult, although reports range between RM400 million to RM1.7 billion. Many investors are unwilling to come forward, and they must track down principals that came from as far as China, Australia, the US and Canada.
The “forex trading firm” came under public scrutiny last month when their promise of 20% returns failed to materialize and investors found themselves suddenly out of pocket. Earlier this week, JJPTR founder Johnson Lee was remanded by Malaysian authorities after his company was forced to shut down operations, and stop taking people’s hard-earned money two weeks prior.
Johnson’s brazen claim that they had been “hacked,” was followed up with his own promise to investigate the cyber malfeasance with “his friends.” He later introduced a new scheme to recoup their funds, and get 35% returns: No, really. He wants you to give him more money.
This is all fascinating, but we have one question. Is the company dinner still on for Saturday?
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