JJPTR founder plans new investment scheme to pay current members who lost money

27 Apr 2017 / 18:19 H.

JJPTR founder Johnson Lee said he is coming up with a new investment scheme to raise fund and pay members who lost money in the current scheme, which collapsed days ago allegedly after its trading account was hacked.
According to a report in Sin Chew Daily today, he said with the injection of fund by new members, there is definitely a chance for JJPTR to make a comeback.
The current members need not top up their accounts, he said but could not give a date they would be reimbursed.
"But it will surely be faster than (putting money in the banks) and earning FD (fixed deposit) interests," he said.
Lee, 28, who told JJPTR investors in a voice clip on Wednesday afternoon he was still in Malaysia and not on the run, assured those who lost money in the current scheme that they would definitely get what was due to them.
Those who already made money in the scheme would profit more in the future, he said, adding that the new investment platform would "change the economy".
Responding to media queries for the first time after telling investors over the weekend that JJPTR's account was hacked, resulting to the tune of US$500 million (RM2.17 billion), Lee told Sin Chew on Wednesday through WhatsApp that the new investment plan had the consent of JJPTR branches.
He also said the name of JJPTR would be retained in the new scheme.
On speculation that he could be somewhere near the border and might flee the country anytime, Lee said he did not have to run away as he had so many supporters and felt confident of making a comeback.
He also said the company's "thousand guests" dinner gathering planned for May 20 at the Berjaya Times Square in Kuala Lumpur will be held as scheduled and promised to be there to address his investors.

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