Jakarta, April 26, 2017 — The Task Force for Handling Alleged Unlawful Acts involving Public Funds Collection and Investment Management (the Investment Alert Task Force) has urged the public to be cautious with unlicensed investment companies that offer high-yield, no-risk investment products. 

The Investment Alert Task Force has received complaints from the public and found some investment offers on the internet or online media that could hurt the public financially.

To provide ongoing protection to the public, on April 18, 2017, the Task Force suspended the business activities of seven entities as they did not have any permit to run their operation and had also given false and misleading information.

The seven companies are as follows:

1. CV. Mulia Kalteng Sinergi;
2. Swiss Forex International;
3. PT Nusa Profit;
4. PT Duta Profit;
5. PT Sentra Artha;
6. PT Sentra Artha Futures; and
7. www.lautandhana.net.

The Task Force had noticed those entities' activities and it immediately responded to complaints or inquiries from the public about the companies' legal status and business activities.

The Task Force had analyzed their business activities and based on the applicable legal regulations, it stated that those activities have to be suspended.

As the next step, the Investment Alert Task Force summoned the seven entities to submit documents or information about their legal status and business activities. However, none of them showed up and no explanation was provided for their absence.

The Task Force asks the public not to do any investment dealings with the seven entities and to inform it if those companies still offer investment products.

For the first four months of 2017, the Investment Alert Task Force has suspended 26 entities that allegedly offered illegal investment products.

Further, the Task Force recommends the public to take the following precautions before investing their money :

1. Make sure the companies that offer investment products have business licenses from the competent authorities and the licenses are relevant to their business activities.

1. Make sure the parties who offer investment products have permits to do so or they are registered as marketing partners.
2. Make sure the companies or the parties that offer the investments also have business domiciles that comply with their licenses.
3. Make sure that any logo of government agency or institution, which is found in the materials that describe their offerings, has been listed there in compliance with provisions of the legislation.

When the public find a suspicious investment offer, they should consult with, or report it to OJK Consumer Care by calling 1 500 655 or sending an email to konsumen@ojk.go.id  or waspadainvestasi@ojk.go.id.

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For more information:

Tongam L. Tobing, Director of Policies and Investigation Support/Chairman of the Investment Alert Task Force

Tel: +62 21 2960 0000 E-mail: tongam.tobing@ojk.go.id  Website: www.ojk.go.id.