Jakarta –
109 websites in the field of commodity futures trading (PBK) were blocked in June 2021. The Commodity Futures Trading Supervisory Agency (CoFTRA) of the Ministry of Trade blocked these sites because they did not have a permit from CoFTRA.
One of the bogus investment sites that is blocked is named Binomial. A bogus investment site with the same name has been blocked before and then reappears and is now blocked again.
“Every party in carrying out futures trading activities in the territory of the Unitary State of the Republic of Indonesia must have a permit from CoFTRA and be subject to and comply with the provisions of the laws and regulations in force in Indonesia. Even though they claim to have legality from foreign regulators, all offers in the futures trading sector must have a permit from CoFTRA,” said Head of CoFTRA, Indrasari Wisnu Wardhana, quoted by detikcom on Thursday (22/7/2021).
CoFTRA in collaboration with the Ministry of Communication and Information has blocked 622 fake websites, including Binomial since January 2021.
He continued, his party will continue to block sites including foreign brokers that do not have a permit from CoFTRA. The government is in the form of protecting and providing legal certainty to the Indonesian people and business actors in the field of PBK.
It routinely supervises and observes business activities carried out by entities in the PBK sector without having a permit from CoFTRA. This is a preventive measure against potential losses to the community due to violations of the provisions of the legislation in the field of PBK.
CoFTRA’s Head of Legislation and Enforcement Bureau, M. Syist, said that broadly speaking, the mode of investment offering was under the guise of investment in PBK and futures contract offerings made by parties who did not have a business license as Futures Brokers from CoFTRA.
His party appealed to the public not to just believe in investment offers that promise high returns without risking. Keep in mind that futures trading can provide high profits, but can also suffer huge losses or high risk high returns.
The public is reminded not to be easily tempted by the lure of fixed income and profit sharing in PBK investments.
“Don’t easily deposit funds into certain accounts with the promise of getting a percentage profit and within a certain period of time the funds are not withdrawn by the customer. Moreover, the offer is flavored with the lure of getting bonuses or commissions if you succeed in recruiting new members as downlines. It is certain that this mode leads to fraud,” added Syist.
Therefore, before deciding to invest in PBK, the public needs to check the legality of business actors and the reasonableness of the benefits offered.
Want to know 109 fake investment sites, including Binomial, which CoFTRA blocked? Please click on the next page.
– .
