OJK Warns Public of Fake Investment Apps, Blocks Thousands of Illegal Lenders
Executive Summary
Key insights and market outlook
The Indonesian Financial Services Authority (OJK) has warned the public about the spread of fake investment apps and blocked thousands of illegal lenders. According to OJK, 2,617 illegal financial entities were blocked in 2025, including 354 illegal investments and 2,263 illegal online loans. The regulator emphasized that it has never released a list of approved investment apps and urged the public to be cautious.
Deep Dive Analysis
OJK Cracks Down on Illegal Lenders and Fake Investment Apps
Regulatory Warning to the Public
The Indonesian Financial Services Authority (OJK) has issued a warning to the public regarding the proliferation of fake investment apps and illegal lenders. In a statement, OJK emphasized that it has never released a list of approved investment apps, contrary to claims made by some parties 1
Blocking Illegal Financial Entities
OJK, in collaboration with the Satuan Tugas Pemberantasan Aktivitas Keuangan Ilegal (Satgas PASTI), has blocked a total of 2,617 illegal financial entities in 2025 2
Public Caution and Education
The regulator has urged the public to exercise caution when dealing with investment apps and online lenders. OJK has reminded the public that it is essential to verify the legitimacy of any financial service provider before investing or borrowing 1
Source References
Story Info
Topics Covered
Key Events
OJK Blocks Illegal Lenders
Warning on Fake Investment Apps