Investment Watch to Question 11 Companies Offering Bogus Investments

Tuesday, 12 September 2017 , 12:00:00 WIB -

Fraud suspect Salman Nuryanto (in the middle) is seen at court to give his response to prosecutors´ allegations Depok, West Java, Monday (14/8). (ANTARA)

JAKARTA, GRES.NEWS – The Investment Watch Task Force has summoned 11 companies they suspect are offering bogus investments.

"We have received public reports on social media and reports filed to the Financial Services Authority (OJK) that some companies are showing indications that they are offering bogus investments," said the task force’s chief Tongam L Tobing, Sabtu (9/9).

The suspected companies have been summoned to meet the task force on 19 September 2017. They are offering unlicensed cash investment and Multi Level Marketing (MLM) products and even money games.

Tongham detailed that the task force will investigate their business license and threatens to close the companies if they fail to show their license.

To date, the Investment Watch Task Force has shut down 44 companies that marketed bogus investments, inluding UN Swissindo, PT First Travel and several cooperatives, such as the Koperasi Segitiga Bermuda.

Tongam said Indonesians are still easily allured to investments that offer illogical returns.

"Indonesians still believe that they can be rich instantly. These Indonesians are not just low educated people, they are also high educated people," he said. (dtc/mfb)