Four months after they were detained in May and subsequently released on police bail, three men linked to the controversial money game operator JJ Poor To Rich (JJPTR) were charged with cheating today.
The 28-year-old founder of JJPTR, Lee Chong Sen, better known as Johnson Lee, was charged at the magistrate’s court in Kuala Lumpur with fraud, along with Lim Seong Woei and Pang Chee Peng, both 30.
The trio allegedly deceived Yeoh Kian Lai, 45, to invest in the JJPTR investment scheme, inducing the victim to make a deposit of RM4,700 into the bank account of a company called PCP Global Tech Sdn Bhd.
The offence was allegedly committed at the CIMB branch in Jinjang Selatan at 1.30pm on March 30.
The accused were charged under Section 420 of the Penal Code for cheating and face a jail term of up to 10 years, whipping and a fine upon conviction.
All three pleaded not guilty to the charge.
The court fixed bail at RM4,000 in one surety each and 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.
Related reports:
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?