Chronology of Indosurya Fraud Cases, The Largest Losses in Indonesia!

(iStock)

By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Sisi Lain Komjen Pol. Mohammad Jasin", "How To Report Online Scammer Or Fraud To The Police In Indonesia", you may read also "How to Open a Police Report in Indonesia?" and on this occasion we will discuss about 'Chronology of Indosurya Fraud Cases, The Largest Losses in Indonesia!'.

How did this case start? This case has been in the public's attention for the past few years. It all started in mid-2020. On February 24, to be precise, several customers started receiving letters from the Indosurya cooperative that money in deposits or savings could not be disbursed. The money can only be taken 6 months to 4 years depending on the nominal asset under management (AUM).[1]

Then on March 7, customers claimed to receive notifications via WA that customers could withdraw their savings starting March 9, 2020 with a withdrawal limit of IDR 1 million per customer. After that, on March 12, 2020, the customer received an invitation to meet with the ISP. At the meeting each customer was asked to choose the desired payment option, the option depends on the AUM of each customer with payment terms ranging from 3 years to 10 years.[2]

Then the issue of KSP Indosurya decreased, but only for a moment. Around June 2021, the issue of KSP Indosurya has surfaced again. The DPR-RI even summoned the Ministry of Cooperatives regarding this issue. From this it was revealed, apparently KSP Indosurya had failed to make it into the Debt Payment Obligation Suspension (PKPU) process. The first decision fell on July 17 2020. Then there was an appeals process and PKPU was decided at the end of December 2020. The Indosurya KSP default case led to detention three suspects. The three of them are the Head of KSP Indosurya Cipta, Henry Surya and the Head of Indosurya Admin, June Indri are free. However, all three were released from detention in the middle of this year. The reason is because the detention period of 120 days has expired. Even so, Henry and June are still suspects. The case that ensnare him also continues.[3]

The Coordinating Minister for Political, Legal and Security Affairs Mahfud MD opened his voice regarding the release of two suspects KSP Indosurya from the Criminal Investigation Police Detention Center. He has communicated with the Police Headquarters, the Attorney General's Office, PPATK, and the Menkop UKM that this case is a new mode of crime that has never been and will not be stopped. "Responding to the public's reaction to the sense of justice in the KSP Indosurya case where two suspects were released, I have communicated with the National Police Headquarters, the Attorney General's Office, PPATK, and the Coordinating Minister for UKM. In conclusion, this case is a new mode of crime that has never been and will not be stopped," Mahfud said.[4]

Mahfud explained that the two suspects were released from the detention center because their detention period had expired. He said the Attorney General's Office was making sure that the evidence in court would run smoothly. Mahfud continued, he supported Bareskrim Polri in re-arresting two suspects who had been released from detention centers with different locus and offenses. He said the case must go on.[5]

"We support Bareskrim in arresting 2 more suspects in related cases whose locus and tempus delicti are different. PPATK has been following this for a long time, this case must go on," he said. In this case, the suspects were charged with Article 46 of the Banking Law, which carries a cumulative 15-year prison sentence under the Money Laundering Prevention Act (TPPU), which carries a 20-year sentence. One other suspect, namely Suwito Ayub, is still a fugitive.[6] And if you have any legal issue in Indonesia territory, contact us then, feel free in 24 hour, we will be happy to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Kronologi Kasus Penipuan Indosurya Rp 106 T, Terbesar di RI!", www.cnbcindonesia.com., Diakses pada tanggal 20 Mei 2023, Link: https://www.cnbcindonesia.com/market/20221226081011-17-399991/kronologi-kasus-penipuan-indosurya-rp-106-t-terbesar-di-ri

2. Ibid.

3. Ibid.

4. Ibid.

5. Ibid.

6. Ibid.