Jambi (ANTARA) - The Financial Services Authority (OJK) Ofice in Jambi Province has warned residents to be aware of offers from illegal online loan services especially during hard times such as the current pandemic.

"During the COVID-19 pandemic, many may find offers from illegal online loan services, which can cause harm and raise public concerns," Head of Jambi OJK Office Yudha Nugraha Kurata said in Jambi, Wednesday.

OJK ramped up their efforts to combat illegal online loan services through the Investment Alert Task Force (Satgas Waspada Investasi/SWI).

Along with the national police force, the SWI had shut down 3,365 illegal fintech lendings to dispel public concerns.

"We from the OJK ask Jambi residents' for help in stemming the illegal online loan services together, and also exercising care in loan activities by avoiding online loan services that are not registered with the OJK, or are illegal," Kurata requested.

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Any reports regarding illegal online loan services can be sent to https://patrolisiber.id and info@cyber.polri.go.id.

Similar concerns can also be voiced to the OJK via WhatsApp number 081157157157, which is accessible to everyone.

"Apart from eradicating the illegal online loan services, the SWI also continuously takes preventive measures in form of socialization and education for the public, so that they can avoid illegal investments that promise big rewards, which turn out to be harmful to the public," he stressed.

Kurata deemed the public's participation necessary, especially to report such malicious and fake investment activities should they encounter one, and not participate in it.

The SWI's efforts were attributed to the people's support who reported the illegal activity.

The OJK always educates the public about the 2L principles, which are 'legal' and 'logical', so they can better avoid illegal investments.

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Translator: M Hanapi, Tuyani, Mecca Yumna
Editor: Suharto
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