Bukit Aman: A quarter of JJPTR's 400,000 investors are foreigners

KUALA LUMPUR: At least a quarter of the 400,000 people believed to have invested in the JJ Poor To Rich (JJPTR) money game scheme are foreigners, say police.

Bukit Aman Commercial Crime Investigation Department (CCID) director Comm Datuk Acryl Sani Abdullah Sani (pic) said at least 100,000 of these investors were from abroad.

"Based on our intelligence, the smallest sum invested was RM4,500 but we have also detected investments of RM50,000 made by an individual.

"Unfortunately, so far only 10 people have come forward to lodge police reports," he told reporters after launching the commercial crime prevention programme at a shopping centre here on Saturday.

He said that a victim from Taiping, Perak lodged the latest police report on Friday.

"The three suspects are still under remand while we gather more evidence.

"We are in the midst of sifting through documents seized while investigators are still collecting more documents from their offices," he said.

Comm Acryl Sani said money game schemes were nothing new in Malaysia and many had fallen victim to such scams.

"Some individuals know that these schemes are not right but take the risk and invest.

"These investors come in early, invest big and leave once they have made a profit. Once the scheme no longer works, they stop investing," he said.

He urged people not to be gullible and fall for schemes offering high returns on investments.

"No one out there can guarantee 20% return on your investment," he said.