Abstract：JJPTR founder Johnson Lee announces a new "pi coin" profit-making plan, claiming it can recover previously lost funds.
Originally touted as a savior for ordinary people, JJPTR attracted over $300 million (approximately 1.2 billion Malaysian Ringgit) in funds within just two years of its establishment. JJPTR was once seen by investors as a life-changing opportunity, but the organization aimed at “saving ordinary people” ultimately could not escape its fate of collapse and downfall. The company collapsed on April 23, 2017, causing a nationwide sensation, and investors suffered significant losses, unable to recover their investments. The company's founder, Johnson Lee, was even reported missing for a period.
Now, it appears that JJPTR, short for “Jutawan Jutawan Plus Tolong Rakyat” (which roughly translates to “Millionaires Help the People”), is attempting a comeback. Johnson Lee, the founder of JJPTR, is notifying members via text messages about another money-making scheme. He has also posted on his Facebook page, urging members to mine “pi coins” on their phones and claiming that it can help recover previous losses incurred with JJPTR.
It is reported that many members have received text messages from JJPTR with content like “I have a plan that can help you recover JJ losses, and you don't need to spend a single cent! If you're interested, you can message me on Facebook.” These messages include a link to Johnson Lee's Facebook profile.
In his Facebook post, Johnson Lee wrote, “Hello everyone, over the past five days, all JJ members have been receiving this message. This is the last opportunity for everyone to recover the losses, please be sure to contact me. I have spent a lot of money sending these messages to all members!”
He explained in the post that it's a mobile mining scheme for “pi coins,” not Bitcoin. Johnson Lee stated, “Pi coins have great potential in the next few years, and you may be able to recover your losses at JJPTR this year! Of course, if you haven't suffered losses or are already making money, you can also download the mining app and treat it as extra pocket money.”
Furthermore, Johnson Lee uploaded two videos explaining how members can download the “Pi Network” mobile application and provided some historical background on “pi coins.” He emphasized that this is not a scam and the project's purpose is to make it easier for everyone to use cryptocurrencies.
In the videos, it is explained that members only need less than 5 seconds to click once on the Pi Network each day. If the value of “pi coins” reaches $1 (about 4 Malaysian Ringgit) when listed on exchanges, its future value could exceed $1,000 (about 4,000 Malaysian Ringgit). However, JJPTR's maximum loss was $1,000. Johnson Lee suggests that making back more than what was lost at JJPTR is straightforward, and there are currently 2.5 million users.
In addition, Johnson Lee listed the steps to download the Pi Network and provided JJPTR's designated invitation code. He also encouraged members to join the JJ community group on Telegram, which currently has 2,500 members.
He repeatedly stressed in his Facebook post and videos that this money-making scheme is entirely free and urged members to participate as soon as possible, as well as inform their upline and downline members.
According to Johnson Lee's Facebook post, he began posting information about “pi free mobile mining” on Facebook in early November last year.
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