KUALA LUMPUR: Two investigation papers have been opened on the money game scheme JJ Poor to Rich (JJPTR), said Comm Datuk Acryl Sani Abdullah Sani.
The Bukit Aman Commercial Crime Investigation Department director said the papers were opened after five police reports were lodged against the scheme.
“We are investigating the case under Section 420 of the Penal Code for cheating,” he said.
He said previous action in freezing accounts belonging to JJPTR was carried out under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act.
On whether more arrests would be made, Comm Acryl Sani said the CCID would take appropriate action if the need arose. “We will announce if there are other arrests.”
Comm Acryl Sani also issued a warning to other get-rich-quick scams, saying the department was monitoring the situation closely.
“We are aware of other scams are are in the process of busting them,” he said, without elaborating.
The 28-year-old mastermind behind JJPTR, Johnson Lee, was arrested near the Petaling Jaya police station at about 4.30am yesterday.
Two others, Lee’s right-hand man and a personal assistant, were also detained to assist investigations into the scheme.
It is learnt that police seized a Honda Accord, five mobile phones, documents pertaining to JJPTR, 11 debit and credit cards and RM20,936.
Lee’s arrest came four days after a task force from Bukit Aman’s Anti-Money Laundering squad, CCID, Bank Negara, the Companies Commission of Malaysia, Inland Revenue Department, National Revenue Recovery Enforcement Team and Cyber Security raided eight JJPTR premises in Penang on Friday.
Among the locations targeted by the task force were offices and residential units.
During Friday’s raids, 15 JJPTR employees and four investors, aged between 23 and 40, had their statements recorded by police. They are all Malaysians.
Police also seized seven computers and laptops, cash counting machines, JJPTR documents, televisions, CCTV cameras and RM3,300.
Comm Acryl Sani advised the public to be more careful and not fall prey to fraudulent investment schemes.
“If anyone is offered any form of investment that promises high returns in a short time, check with the relevant government agencies to avoid falling prey to such schemes,” he said.