Bogor Police Receive Reports of 311 IPB Students Trapped in Online Loans

17 November 2022 15:53 WIB

Fraud illustration. shutterstock.com

TEMPO.CO, JakartaThe Bogor City Police have received two official reports and 29 complaints filed by 311 students of the Bogor Agricultural Institute (IPB) who claimed to have been trapped in online loans as a result of making investments in an online shop as they were offered a 10-percent profit. The students, however, did not get the promised benefit.

Deputy chief of Bogor City Police Adj. Comr. Ferdy Irawan on Tuesday explained that two official reports were received at the end of October 2022. The owner of the online shop, who is identified as SAN, is still being hunted for questioning.

“Based on reports from complainants or victims, the number of victims managed to be recorded is 311 and most of them, not all of them, are IPB students. The person reported is the same, SAN,” Ferdy said as quoted from Antara, Tuesday, November 15, 2022.

He mentioned that the total money involved amounted to Rp2.1 billion. As for the investment scheme, SAN reportedly offered collaboration online with a profit-sharing of 10 percent per month. 

As for the investment requirements, Ferdy added, the victims must apply for online loans. In total, there were five online loan platforms used by the students. The loan money was then transferred to SAN.

It turned out that SAN did not pay the profit to the students as promised. To date, IPB students are obliged to pay back the loan.

“The articles that we may charge for now is Article 372 and 378 concerning fraud and embezzlement,” Ferdy said.

ANTARA

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