OJK Task Force Halts 953 Illegal P2P Lending and Investment Schemes Until March 2026
The Financial Services Authority (OJK) through the Task Force for Eradicating Illegal Financial Activities (Satgas PASTI) reported that it has identified and halted 951 illegal peer-to-peer (P2P) lending entities and two illegal investment offers on various websites and applications that could potentially harm the public between 1 January 2026 and 31 March 2026.
Satgas PASTI has also noted several common modes of illegal financial activities and scams reported by the public, including advertising services with deposit systems. This scheme offers earnings from simple activities such as leaving reviews, watching ads, or clicking links, but requires an initial deposit with promises of high returns.
Secondly, impersonation of licensed investment offers, where perpetrators mimic the names, logos, or identities of legitimate financial service providers to deceive the public, despite the offers not being made by the authorised entities.
Thirdly, funding offers that promise fixed returns for specific businesses or projects without adequate business model explanations, agreements, or oversight.
Fourthly, money games that rely on recruiting new members (member-get-member) as the source of profit payments, rather than from legitimate, sustainable business activities.
Lastly, illegal cryptocurrency trading, where unregistered or unauthorised entities offer crypto investments or trading with claims of high returns and no risk.
These schemes are commonly disseminated through social media, private messages, chat groups, and other digital channels.
Regarding scam handling, from 22 November 2024 to 31 March 2026, the Indonesia Anti-Scam Centre (IASC) received 515,345 public reports. In processing these, 872,395 accounts were reported and verified, with 460,270 accounts blocked.
As a result, a total of approximately Rp585.4 billion in victims’ funds were blocked. IASC has returned Rp16.9 billion to victims, sourced from accounts at 19 banks used by fraudsters.
Amid ongoing illegal financial activities and transaction scams, Satgas PASTI and OJK urge the public to remain vigilant against investment offers promising high, guaranteed, and quick returns; verify the legitimacy of businesses and financial products via OJK’s official channels (Contact 157); avoid trusting offers sent via private messages, social media, or unclear links; refrain from sharing personal data, account details, OTP codes, or passwords with anyone; and immediately report suspected illegal financial activities to sipasti.ojk.go.id and financial scams to iasc.ojk.go.id.