JJPTR Founder Johnson Lee Charged with Falsifying Documents to SSM


From wheeling and dealing in millions, Lee claims to be an odd job worker now when requesting for lower bail.

The 29-year-old founder of the JJ Poor to Rich (JJPTR) investment scheme has pleaded not guilty to a charge of falsifying documents submitted to the Companies Commission of Malaysia (SSM) in 2016.

Sayuti Zainudin

Lee Choong Sen, also known as Johnson Lee, was charged at the Sessions Court in Butterworth today with submitting false details in his declaration when applying to strike off his company’s name, as required under Section 308(1) of the Companies Act 1965.

He was alleged to have declared that JJ Global Networks Sdn Bhd never started doing business since it was established, despite knowing it was false.

The declaration was allegedly made at the SSM office in Seberang Jaya on Dec 15, 2016.

The offence under Section 364(2) of the Companies Act 1965 provides for a maximum jail term of 10 years, a maximum of RM250,000, or both if convicted.

Lee was represented by G Jaya Prem and Nick Tan Meow Khoon while the SSM prosecuting officers were Faizal Mahdi Mahmud and Mohd Fairuz Othman.

Faizal requested for the court to set the bail at RM10,000.

Lee’s lawyer Tan, however, said the bail should be at RM5,000, taking into consideration the cooperation given by his client to the authorities so far and he has no intention to run away.

He also told the court that Lee is currently an odd job worker earning between RM3,000 and RM5,000.

Judge Noor Aini Yusof set the bail at RM6,000 and announced April 12 for mention.

It was reported that JJPTR was a ‘money game’ scheme which promised lucrative returns, as high as 20 percent, for its members.

The scheme went bust last April after the company claimed to have lost US$400mil (RM1.7 billion) to a purported hacking job.

Lee and two of his aides – Lim Seong Woei and Pang Chee Peng – were arrested by police on May 16 and released on police bail on May 23, 2017.

Last September, the trio claimed trial to cheating at the magistrate’s court in Kuala Lumpur.

They were accused of deceiving Yeoh Kian Lai, 45, to invest in the JJPTR investment scheme, which promised allegedly non-existent profits.

Related reports:

Sep 26, JJPTR Founder, Two Others Charged with Fraud

Jun 30, Taiwanese Lodges Report Against JJPTR, Penang Police Take Charge

May 29, JJPTR Makes a Move While Investors Differ in Opinion

May 25, Is This the Last We See of Johnson Lee?

May 20, JJPTR Trio on the Move

May 19, JJPTR ‘Hack’ of a Lie!

May 16, Johnson Lee and Two Aides Arrested, Remanded Three Days

May 15, JJPTR Alleged Loss RM500m or RM1.7b?

May 12, JJPTR Raid, Bank Accounts Frozen

May 11, Johnson Lee Exalted Like a Modern-Day Robin Hood

May 10. Talking a Different Money Game Talk

May 5, The Johnson Lee Enigma: Super Salesman or Convincing Conman?

May 3, Once Bitten, Twice Not Shy

Apr 28, Another High-Returns Scheme in Trouble!

Apr 26, DAP Issues 48-Hour Ultimatum to JJPTR

Apr 25, Game Over for JJPTR?