TEMPO.CO, Jakarta - The Financial Services Authority (OJK) found at least 80 illegal investment institutions throughout 2016. OJK commissioner for consumer education and protection Kusumaningtuti S. Soetiono said that the investment institutions have been included in the Investor Alert Portal (IAP).
Since it was established in 2013, the Financial Customer Care (FCC) has received 801 information and questions related to 484 institutions that allegedly conducted illegal investment activities.
Of the total number, the OJK followed up the reports by monitoring 217 entities.
“The rest of them could not be followed up due to limited information,” Kusumaningtuti said during a press conference in Jakarta on Friday, January 20, 2017.
From 217 institutions, the OJK, along with the Investment Awareness Task Force, found 80 institutions to be illegal through confirmation and verification processes.
According to Kusumaningtuti, the endeavor to monitor the institutions is in accordance with the mandate stated in Law No. 21/2011 on consumer protection and prevention of illegal investment.
“The prevention is expected to build trust among the public in financial service products,” Kusumaningtuti explained.
The list of 80 institutions can be found on www.sikapiuangmu.ojk.go.id and mobile app Sikapi Uangmu. Over the last year, the OJK had held events to educate public in 26 cities prone to illegal investment activities.
GHOIDA RAHMAH
