{
    "success": true,
    "data": {
        "id": 1588621,
        "msgid": "mirae-asset-office-raided-bebs-stock-pump-and-dump-case-prices-driven-up-by-7-150-per-cent-1772668624",
        "date": "2026-03-05 05:47:22",
        "title": "Mirae Asset Office Raided: BEBS Stock Pump-and-Dump Case, Prices Driven Up by 7,150 Per Cent",
        "author": "Jessi Carina",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Regulation",
        "summary": "Indonesian regulators and police have raided the offices of Mirae Asset Sekuritas Indonesia as part of an ongoing probe into alleged manipulation of BEBS shares, including a 7,150 per cent price surge and Rp14.5 trillion in transactions. The investigation targets both individuals and the corporate entity, with charges under Capital Market Law and related provisions.",
        "content": "<p>JAKARTA \u2014 The case of alleged manipulation of BEBS shares enters a\nnew phase. The Financial Services Authority (OJK) investigation team,\ntogether with the Indonesian National Police\u2019s Criminal Investigation\nAgency (Bareskrim Polri), raided the offices of PT Mirae Asset Sekuritas\nIndonesia (MASI) on Wednesday, 4 March 2026, afternoon. The move\nstrengthens ongoing investigations into capital market violations that\nhave been under way for some time, specifically related to a case in\nwhich BEBS shares were allegedly inflated by around 7,150 percent and\ntransactions worth Rp14.5 trillion were involved.<\/p>\n<p>\u2018Based on the results of our investigations into the company in\nquestion, the corporation remains involved. Therefore, the ongoing\ninvestigations are being strengthened by seeking additional evidence at\nPT MASI,\u2019 said Daniel, encountered in the SCBD area in Jakarta, the\nlocation of the Mirae Asset Sekuritas Indonesia office raid. He\nemphasised that investigations into individual suspects are at an\nadvanced stage, while handling of corporate aspects is still\nongoing.<\/p>\n<p>They are AS, the beneficial owner of PT BEBS, and M, the former\nDirector of Investment Banking MASI.<\/p>\n<p>\u2018The two suspects\u2019 files have been completed and have been sent to\nthe prosecutor\u2019s office. We are only waiting for P21,\u2019 Daniel added. He\nalso stressed that the designation of suspects is entirely carried out\nby OJK, not by Bareskrim.<\/p>\n<p>The suspects are charged under Article 104 in conjunction with\nArticle 90, subs. Article 107 of Law No.\u00a08 of 1995 on the Capital\nMarket, regarding failure to report the affiliated recipient of fixed\nallotment in an initial public offering (IPO) and the submission of IPO\nfund-use reports not aligned with actual conditions.<\/p>\n<p>Additionally, OJK investigators found suspected dummy transactions as\ndescribed in Article 104 in conjunction with Article 91 of the Capital\nMarket Law, involving seven corporate entities and 58 individual nominee\nentities, executed by six operators under the suspects\u2019 control.<\/p>\n<p>This series of transactions is alleged to have caused BEBS\u2019s share\nprice on the regular market to rise significantly by around 7,150 per\ncent.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/mirae-asset-office-raided-bebs-stock-pump-and-dump-case-prices-driven-up-by-7-150-per-cent-1772668624",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}