Binomo Trading Application Reported To Bareskrim Regarding Alleged Fraud

JAKARTA - The Binomo trading application and its affiliates were reported by eight people to the Criminal Investigation Unit of the National Police. The report relates to allegations of fraud.

"Making a police report related to this binary option, especially the Binomo application," said the lawyer for the complainant, Finsensius Mendorfa to reporters, Friday, February 4.

In this report, there were eight victims who suffered losses of hundreds of millions each. If the total loss reached Rp. 2.4 billion.

However, this loss is likely to increase. Given, the number of victims is quite a lot.

"There are only eight people, of which hundreds of others will enter our database later during the investigation process and we will report it," he said. Not only the Binomo application that was reported. This is because a number of affiliates as well as influencers who helped promote the trading platform were also reported. The report is registered with the number STTL/29/II/2022/BARESKRIM.

"There is a public figure, it's reported that there is a public figure," said Finsensius.

In that report, the Binomo trading application was suspected of violating Article 27 paragraph 2 of the Electronic Transactions Law (UU ITE) regarding online gambling, Article 28 paragraph 1 of the ITE Law regarding fake news that harms consumers, and Article 378 of the Criminal Code in conjunction with Article 55 regarding fraud.

Then, Article 3, Article 5, and Article 10 of Law Number 8 of 2010 concerning the Crime of Money Laundering (TPPU).