Satreskrim, Central Java - The Criminal Investigation Unit (Satreskrim) of the Banyumas City Police (Polresta), Central Java, has uncovered a case of alleged fraud in the form of embezzlement disguised as investment or business cooperation in cutting cows with a loss of up to Rp. 600 million.
"This case was revealed after the victim reported to the Banyumas Police in December 2025," said the Head of the Banyumas Police, Kombes Petrus P Silalahi, as reported by ANTARA, Friday, April 10.
Based on the report, he said, the Banyumas Police Criminal Investigation Unit conducted an investigation which was followed up with the arrest of a suspect with the initials RW (51), a resident of Banyumas, on April 8, 2026.
The case began with a cooperation agreement between the victim on behalf of Wahyu and the suspect in April 2024.
At that time, the suspect offered a business investment in cutting cows with the promise of a profit of 2.5 percent per month.
"The victim then handed over Rp600 million in capital to the suspect to be managed in the business," he said.
However, after passing the agreed period, the suspect was unable to return the promised capital and profits.
From the results of the investigation, it was found that some of the funds were used for the personal interests of the suspects.
In addition to securing the suspects, the Criminal Investigation Unit also seized a number of evidence in the form of bank account documents from several banks, transfer slips, and a letter of cooperation signed by both parties.
For his actions, the suspect was charged with Article 378 and/or 372 of the Criminal Code (KUHP) concerning fraud and embezzlement with a maximum sentence of four years in prison.
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