Investment Alert Task Force Stops 16 Money Game Activities, One Of Them Takes The Name Of OVO

Chairman of the Tongam Investment Vigilance Task Force L. Tobing. (Photo: Doc. VOI)

JAKARTA - The Investment Alert Task Force (SWI) has again stopped entities offering illegal investments. This time it involved 16 money game activities, 3 trading crypto assets without permission, and 2 trading robot trading without permission.

From the list released by the SWI, there is one name that catches attention. Is Ovo Mutual Fund Investment.

If you are not careful, people who invest in Ovo Mutual Fund Investment will consider this entity as part of the digital wallet owned by PT Visionet Internasional, OVO.

Apparently, according to SWI, Ovo Mutual Fund Investment is a money game on behalf of OVO and offers its services through the Telegram channel.

The head of the Investment Alert Task Force, Tongam L. Tobing, said that recently there have been many investment offers based on websites or applications that must be watched out for. Tongam said the perpetrators took advantage of the public's lack of understanding to cheat by way of the lure of giving very high and unreasonable returns, but first, the people were asked to place or deposit their funds.

For this reason, the SWI asks the public before making an investment to ensure that the party offering the investment has a permit from the competent authority in accordance with the business activities being carried out. In addition, make sure the party offering investment products, has a license to offer investment products or is registered as a marketing partner.

"This includes ensuring that the inclusion of the logo of a government agency or institution in the media, the offer has been carried out in accordance with the provisions of the legislation," Tongam said in his statement on Thursday, February 17.