Indonesian Political, Business & Finance News

Developer wanted for fraud

Developer wanted for fraud

JAKARTA (JP): A total of 476 applicants for various types of low-cost houses in Wanasari, Bekasi have lodged formal complaints against PT Jaya Graha, the developer.

The residents raised the protest on Monday with the Jakarta office of the Legal Aid Institute as well as City Police for the illegal activity of the company.

According to the protesters, the developer cheated the applicants by illegally taking between Rp 1 million and Rp 3 million from each applicant.

The money was actually down payments paid by the applicants in September last year for houses to be built by PT Jaya Graha, as stated in their brochures.

But the applicants later found out that there was no site available for the houses of Jaya Graha in Wanasari.

When asked for confirmation, executives of Graha Jaya explained that the houses to be built will be relocated to a nearby site called Wanajaya, the protesters said.

But many of the about 1,000 applicants have already asked for their money back.

When the remaining 476 people asked for their money, none of the firm's executives were available and their head office on Jl. Kapuk III/30 in Klender, East Jakarta, was closed. (bsr)

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