{
    "success": true,
    "data": {
        "id": 1663768,
        "msgid": "financial-consultant-praises-ojks-crackdown-on-illegal-online-loans-1775638376",
        "date": "2026-04-08 14:44:04",
        "title": "Financial Consultant Praises OJK's Crackdown on Illegal Online Loans",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Regulation",
        "summary": "Financial consultant Elvi Diana has commended the Financial Services Authority (OJK) for blocking 953 illegal online lending entities in the first quarter of 2026, in response to over 10,516 public complaints, predominantly related to illegal loans. This action underscores OJK's commitment to addressing societal concerns and enhancing financial security amid persistent threats from illicit practices. Elvi urges continued vigilance, including stricter oversight and verification of legal lenders' ownership, while advising the public to verify services through official channels to foster a secure digital financial ecosystem.",
        "content": "<p>Jakarta (ANTARA) - Financial consultant and planner Elvi Diana has\npraised the Financial Services Authority (OJK) for its efforts in\neradicating illegal online lending (pindar) practices.<\/p>\n<p>OJK has recorded the blocking of 953 illegal pindar entities\nthroughout the first quarter of 2026.<\/p>\n<p>\u201cThis blocking of hundreds of illegal pindar entities demonstrates\nthat OJK is not only performing its supervisory role but is also truly\nlistening to and responding to public complaints,\u201d said Elvi in a\nwritten statement in Jakarta on Wednesday.<\/p>\n<p>Based on OJK data, this blocking action is a follow-up to a total of\n10,516 complaints regarding illegal entities received.<\/p>\n<p>Of that number, 8,515 complaints relate to illegal pindar, 1,933\ncomplaints concern illegal investments, and 68 complaints pertain to\nillegal pawn practices.<\/p>\n<p>Elvi stated that the high number of complaints, particularly\nregarding illegal pindar, indicates the significant ongoing threat to\npublic financial security.<\/p>\n<p>Therefore, she encourages OJK to continue strengthening supervision\nand enforcement against pindar operators.<\/p>\n<p>\u201cMoving forward, supervision must be tightened further to narrow the\nspace for illegal pindar. Ideally, these illegal practices can be\nsuppressed to the point where they no longer harm the public.\nAdditionally, OJK must anticipate whether owners of legal pindar are\nalso owners of illegal pindar,\u201d she added.<\/p>\n<p>Furthermore, Elvi also urges the public to be more cautious in\nselecting digital financial services and to ensure the legality of\nservice providers through OJK\u2019s official channels.<\/p>\n<p>Legal pindar platforms are encouraged to conduct education and\nliteracy efforts for their debtors to ensure borrowed funds are used\nappropriately.<\/p>\n<p>\u201cOJK\u2019s ongoing steps are expected to create a healthy, safe, and\ntrustworthy digital financial ecosystem for all Indonesians,\u201d she\nconcluded.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/financial-consultant-praises-ojks-crackdown-on-illegal-online-loans-1775638376",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}