Indonesia develops national platform to combat financial scams-Xinhua

Indonesia develops national platform to combat financial scams

Source: Xinhua

Editor: huaxia

2026-05-25 13:16:45

JAKARTA, May 25 (Xinhua) -- Indonesia's Financial Services Authority is developing the National Fraud Portal within the Indonesia Anti-Scam Center to support faster and more coordinated handling of fraud cases, an official has said.

Dicky Kartikoyono, a senior official with the authority, said in a statement on Sunday that the portal would facilitate report collection, information exchange and the tracking of transactions suspected of being linked to fraud.

He said the platform aims to improve fraud handling, speed up identification and follow-up processes, and strengthen coordination among related parties to protect the public from losses caused by illegal financial activities.

From the beginning of 2026 to April 29, the authority received over 14,000 complaints related to illegal entities, mostly involving illegal online loans. Meanwhile, the Illegal Financial Activities Eradication Task Force identified and shut down over 950 illegal online lending entities and three illegal investment offers across multiple sites and applications.