Johnson Lee and two of his senior associates from the money game operator, which has been in the spotlight since last month, were first arrested in Klang on May 16.

The arrests followed a raid of eight JJPTR offices in Penang on May 12, by police, Bank Negara, the Companies Commission of Malaysia, Inland Revenue Board, National Revenue Recovery Enforcement Team and Cyber Security.

The trio were remanded until last Friday and were released before they were rearrested and transferred to Penang, where the initial police reports had been made against them last month.

However, as Penang police were unsuccessful in getting a remand order to hold the three men for further questioning, they were then transferred to Taiping and police managed to get a remand to hold them for one extra day. The remand expires today.

According to the daily, the three men will be handed over to another police contingent following their release today. However, police declined to reveal which contingent they would be sent to.

JJPTR gained widespread media attention last month after it claimed that its funds were siphoned off by “hackers”.

Following the arrest by the federal police’s commercial crime investigation department last week, CCID director Comm Acryl Sani Abdullah Sani said that JJPTR had collected investments of up to RM1.7 billion.

Police had also reportedly said that they found no evidence that JJPTR’s accounts had been hacked.

JJPTR’s money game investment scheme was established in 2015, promising returns as high as 20% a month to members.

A new scheme, announced earlier this month, promises 35% returns a month.