JAKARTA - The Task Force for Handling Alleged Unlawful Actions in the Field of Community Funds and Investment Management or the Investment Alert Task Force has found 144 entities that conduct peer to peer lending business activities but are not registered or have business licenses from OJK.
"There are still a lot of illegal fintech lending circulating. We ask the public to remain vigilant and careful before choosing fintech lending companies. Use 106 fintech lending companies that have been registered with OJK," said Chairman of the Investment Alert Task Force, Tongam L. Tobing.
Until now, the number of unlicensed Fintech Peer-To-Peer Lending found by the Investment Alert Task Force in 2018 was 404 entities while in 2019 there were 543 entities so that in total there were 947 entities currently handled.
The Investment Alert Task Force continuously conducts preventive actions in the form of socialization and education to the public so that people avoid the loss of illegal investments. Community participation is very necessary, especially not to be a participant in the entity's activities and immediately report if there are unreasonable investment offers.
Information about the list of companies that do not have permission from the competent authority can be accessed through the Investor Alert Portal at www.sikapiuangmu.ojk.go.id. (LM)