PETALING JAYA: Investors are baffled as to why JJ Poor To Rich (JJPTR) founder Johnson Lee (pix), despite claiming to have lost RM500 million to cyber-hackers, has not lodged a police report on the loss.

He was only quoted as saying that he will "seek help and advise from IT experts" and had not mentioned of taking the matter to the authorities.

According to federal police sources, no report on the loss has been received by the commercial crimes investigations department (CCID).

Federal CCID director Commissioner Datuk Acryl Sani Abdullah Sani said to date, police have only a single report from a Johor investor who placed RM2,100 with the company.

The investor invested the sum in January with a woman he met after learning about the company in Facebook.

He lodged a report following claims that the company's activities are illegal.

Acryl Sani said police have started investigations and hope to complete the probe soon.

Meanwhile, on its latest Facebook posting, Lee said it will give priority to persons with disabilities (OKU) when returning refunds to its investors.

He said the company has completed the return of capital to investors of investment package JJPTR2, and JJPTR1 investors will see their principals returned anytime soon.

He said members should check their bank accounts to see if the money has been deposited.

"As the banks are closed on the weekend, the returns will continue on Monday," he said in a Facebook post on Saturday.

Lee would also hold a meeting with 18 representatives comprising overseas investors to explain the situation.

Meanwhile in a Nanyang Siang Pau report last Thursday, Lee was quoted as saying he would recoup the losses and return the capital to investors, adding he needed four to five years to do so.

Lee also defended the high returns JJPTR promoted, up to 35% a month, claiming it was achievable via trading in foreign currency and Bitcoin investments.

He only earned a profit of 1% to obtain high returns to his investor.