Beware of These 7 Illegal Investment “Platforms”, from Simple Shopping to Triumphfx All

JAKARTA, KOMPAS.com – The government through the Investment Alert Task Force (SWI) continues to strive to eradicate entities that make offers illegal investment.

SWI chairman Tongam L. Tobing said that his party had found and stopped 7 platform illegal investment in April 2022.

He explained that the 7 entities that made the illegal investment offer consisted of 2 entities that did money game1 entity conducts direct sales without permission, 2 entities carry out activities forex and robot trading without permission, 1 entity carries out crypto asset trading activities without permission, and 1 other entity.

“The handling of illegal investments is carried out jointly by all members of the Investment Alert Task Force from 12 Ministries/Institutions,” Tongam said in his statement, Monday (23/5/2022).

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“The Investment Alert Task Force is not a law enforcement officer, so it cannot carry out legal processes,” he added.

He further said that in addition to stopping and announcing to the public, SWI also blocked sites, websites, or applications and submitted information reports to the Criminal Investigation Unit of the Police.

Related to withdrawing money in platform fraudulent investment, Tongam emphasized that his party did not prohibit it, even asked the platform to return public funds.

“Every entity whose activities have been stopped by the Investment Alert Task Force is ordered to repay the community’s losses,” Tongam said.

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The following is a list of 7 illegal investment entities closed by SWI in April 2022:

1. Simple Shopping – Money game dengan modus e-commerce

2. PT Reclaim Indonesia Jaya – Sales with an MLM scheme without a permit

3. PT Wisanggeni Auto Trading – Trading robot trading without permission

4. PT Syirkah Muamalah Indonesia – Unlicensed financing company

5. Triumphfx/Priority Group Official – Forex trading without permission

6. Investasidana25 – Money game

7. PT Smart Multi Trade/Yu Klik – Unlicensed crypto asset operator

Read also: This is the Risk of Crypto Transactions on Unlicensed Exchanges

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