TEMPO.CO, Jakarta - The Financial Services Authority (OJK) and the Task Force for the Eradication of Illegal Financial Activities (Satgas PASTI) recorded that the losses suffered by the Indonesian public due to illegal investments amounted to Rp142.131 trillion from 2017 to May 2025. According to Rudy Agus Purnomo Raharjo, the Head of the Consumer Protection Department of the OJK, during this period, Satgas PASTI has already halted the illegal activities of 12,721 entities.
Agus stated that OJK and the police, as part of Satgas PASTI, are making efforts to accelerate the legal process for cases of fraud and illegal financial activities. He explained that every report received by Satgas PASTI will be treated as a police report, ready for legal action. "With this method, every report of fraud can be immediately processed by the police for investigation," he said at the Financial Literacy Ambassador of Indonesia event in Jakarta on Monday, June 16, 2025.
In addition to OJK and the police, Satgas PASTI consists of 15 other institutions, including Bank Indonesia, the State Intelligence Agency, the Attorney General's Office, the Financial Transaction Reports and Analysis Center, and the Ministry of Education. Satgas PASTI handles public reports through the SIPASTI digital platform, which stands for the Information System for Eradicating Illegal Financial Activities.
According to Agus, every report received via SIPASTI could lead to two possible actions: the cessation of illegal financial activities and legal actions by the police.
From January to May 2025, Satgas PASTI received 5,287 reports regarding illegal financial entities, with 4,344 reports related to unlicensed online lending companies and 943 reports related to entities offering illegal investment schemes. Currently, OJK, along with the police, is finalizing procedures to treat every report submitted through the SIPASTI system as a police report.
Agus stated that the rampant illegal financial activities indicate a lack of understanding among the public regarding the risks of investment and dealing with credit providers. He emphasized that there are two principles to consider before investing, namely 2L, Legal and Logical.
Legal means that the investment provider has the necessary permits and is recognized by the authorities. Meanwhile, Logical means that the institution offers a reasonable return on investment. "Many have been deceived by the promise of double-digit returns, when we know that is impossible," he said.
To enhance public understanding of financial services, the Executive Head of the Supervisory Behavior of Financial Services Business Players, Education, and Consumer Protection at the OJK, Friderica Widyasari Dewi, mentioned that the institution has recruited financial literacy ambassadors from various groups.
From April to June 2025, OJK has recruited 3,462 financial literacy ambassadors from various sectors of society, including youth leaders, religious figures, women, and professionals. These ambassadors will support OJK's efforts to improve consumer and public protection from financial crimes.
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