OJK Boosts Efforts to Combat Fraudulent Investments Amidst Record Losses

OJK has recorded 9,889 cases of illegal activities from 2017 to July 2024, including 1,367 illegal investment schemes, 8,271 illegal online lending operations, and 251 illegal pawnshops.

To address the growing trend of illegal investments, OJK plans to intensify its monitoring efforts and collaborate more closely with law enforcement agencies to combat fraudulent activities. The authority also stresses the importance of community vigilance, urging individuals to report suspicious investment offers to OJK for verification.

OJK’s ongoing focus on education aims to equip younger generations with the tools to distinguish between legitimate and fraudulent investment opportunities. By increasing financial awareness and understanding, OJK hopes to reduce the number of victims of these schemes. (Uki Ruknuddin)