"The police have named five suspects comprising three Chinese nationals and two Indonesian citizens," Chief of the North Jakarta Metropolitan Police Resort Senior Commissioner Budhi Herdi stated on Monday.
Three of the five suspects, identified by their initials as Mr Li, DS, and AR, are being held in police custody.
In running the illegal lending platform, Mr Li, a Chinese national acted as a manager of the company, while Indonesian citizens DS and AR functioned as the debt collector and supervisor respectively.
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"We are yet hunting the two other Chinese nationals," he remarked.
The Chinese nationals reportedly operated illegal lending platforms called PT BR and PT VGA located in the Pluit shop-cum-house complex number 77-79, JPluit Indah Raya Street in Penjariangan, North Jakarta.
The two companies are illegal since they are not registered with the Financial Service Authority (OJK) that oversees financial activities in the country. Related news: Chinese, Taiwanese criminals transferred to police headquarters in Jakarta