Jakarta (ANTARA) - The Illegal Financial Activities Eradication (Pasti) Task Force blocked 233 illegal online loan entities and 78 items of content promoting personal loans that violate regulations and pose risks to borrowers, in January this year.

In the period from 2017 to January 31, 2024, the task force, which was formed by the Financial Services Authority (OJK), blocked 8,460 illegal financial entities, comprising 1,218 illegal investment entities, 6,991 illegal online loan entities, and 251 illegal pawn entities.

"The Pasti Task Force reminds people to be careful, stay vigilant, and not use illegal online loans and personal loans because they could potentially disadvantage the community, including the risks of misuse of borrowers' personal data," the task force's secretary, Hudiyanto, said here on Tuesday (February 13).

In early 2024, the task force urged people to remain alert for fraudsters offering part-time jobs, who deceive victims by promising quick rewards for completing missions, including depositing their money.

Hudiyanto underscored that efforts to eradicate illegal financial activities need the support and participation of the community, namely by staying careful and vigilant when they get offers from other people.

People are also being urged to pay attention to two important aspects: legality and logic. Legality means ensuring that the products and services offered have received legal approval from supervisory institutions.

As for logic, people are being urged to pay attention to whether the benefits offered are rational or not.

People who get information or offers of suspicious investments and online loans, including those with irrational benefits, are being encouraged to immediately report them to the OJK.

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Translator: Martha Herlinawati, Raka Adji
Editor: Tia Mutiasari
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