Law Enforcement Against Illegal Investments
DOI:
https://doi.org/10.35326/volkgeist.v8i2.5168Keywords:
Illegal Investment, Law, SocietyAbstract
nvestment is something that is growing rapidly in society. Apart from being easy, investing can also provide quite large profits. However, there is still a lot of illegal investment occurring in society. This is due to a lack of strict law enforcement and a lack of public education regarding investment. Therefore, it is necessary to educate the public and provide strict law enforcement to perpetrators of illegal investments so that people do not become victims in the future. Illegal investments usually offer large profits in a short time with low risk. Law enforcement against illegal investments can be carried out from two perspectives, namely civil and criminal. Investment is a rapidly growing trend within society, presenting an easy way to achieve substantial profits. Despite its potential benefits, there remains a significant presence of illegal investment activities. This issue primarily stems from insufficient law enforcement and a lack of public education about investment principles and risks. To mitigate this problem, it is crucial to enhance public awareness and implement stringent legal measures against those involved in illegal investments, ensuring that individuals are protected from becoming future victims. Typically, illegal investments promise high returns in a short period with minimal risk, attracting many unsuspecting individuals. Effective law enforcement against these fraudulent activities can be approached from both civil and criminal perspectives, addressing the issue comprehensively.
Downloads
References
Investment Coordinating Board. "Investment in the first quarter of 2020 rose 8.0% to reach Rp 210.7 trillion." Last modified 2020. Retrieved March 24, 2021. https:// www. BKPM. go. id/ id/ publication/ s release- pers/ readmore/ 2393601/54401.
Ardiansyah. "Location, Position and Position of Investment Law."May 13, 2014. Last modified 2014. Retrieved March 24, 2021.
Jayani, Dwi Hadya. "Indonesia's Investment Realization in 2019 Rises 48.4% in 5 Years Databox." Databoks.katadata.co.id (2020): 2020.
Dewi,Sinta Dyah Pratiwi Indah,Pujiyono (2020).” Online trade marketing techniques through giveaway as one of the guise of fraud”.Jurnal Hukum Volkgeist,5(1),88-93.
Kusuma, Putra Andy (2022).” Nominee Arrangement Practices Performed by the government of The Republic of Indonesia”.Jurnal Hukum Volkgeist,6(2),196-203.
Mustika,Mega (2019).”Legal law and principles in the credit in banking”.Jurnal Hukum Volkgeist,3(2),118-123.
Nasrullah (2019).” Legal aspects of changes in the calculation of the marisa national saving banks of marisa branch interest calculation methods”.Jurnal Hukum Volkgeist,3(2),152-159
Supriyanto,Hadi.”The nature of corporate crime in law enforcement of the criminal justice system in Indonesia”.Jurnal Hukum Volkgeist,4(2),166-179
Chief Justice of the Supreme Court. Supreme Court Regulation No. 1 of 2002 concerning Class Action Proceedings. Indonesia, 2002.
Rayanti, Dina. "What are the characteristics of fraudulent investment? This is an explanation from OJK." Seconds News. Last modified 2016. Retrieved March 25, 2021. https:// finance.detik.com/bursa-dan- Forex/D-3225619/how-ciri-ciri- investasi-bodong-ini-explanation-dari-ojk.
Republic of Indonesia. Civil Code, n.d.
———. Criminal Code. Indonesia, n.d.
———. Regulation of the Financial Services Authority of the Republic of Indonesia Number 3 / POJK.04/2021.
———About the implementation of activities in the field of capital markets. Indonesia, 2021.
———. Law Number 10 of 1998 concerning Banking. Indonesia: State Gazette of the Republic of Indonesia Year 1192 Number 32, 1998.
———. Law Number 15 of 2002 concerning Money Laundering. Indonesia: State Gazette of the Republic of Indonesia Year 2003 Number 108, 2002.
———. Law Number 25 of 2007 concerning Capital Investment. Indonesia: State Gazette of the Republic of Indonesia Year 2007 Number 67, 2007.
———. Law Number 8 of 1995 concerning Capital Market. Indonesia: State Gazette of the Republic of Indonesia Year 1995 Number 64, 1995.
———. Law of the Republic of Indonesia Number 37 of 2004 concerning Bankruptcy and Suspension of Debt Payment Obligations. Indonesia: State Gazette of the Republic of Indonesia Year 2004 Number 131, 2004.
Samsul, Mohamad. Capital Markets and Portfolio Management. Second. Jakarta: Erlangga, 2015.
Tobing, Tongam Lumban. "Illegal Investment and Law Enforcement Issues." Legal Online. Last modified 2020. Retrieved March 26, 2021.
Downloads
Submitted
Accepted
Published
Issue
Section
License
Copyright (c) 2024 Muhamad Javier Ramzy, Upik Mutiara, Ronald Samuel Wuisan, Rijal Ibnu Sani
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
- Author retains the copyright and grants Jurnal Hukum Volkgeist the right of first publication of the work simultaneously licensed under the Creative Commons Attribution-ShareAlike 4.0 License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal
- The author is able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book) with the acknowledgment of its initial publication in this journal.
- The author is permitted and encouraged to post his/her work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of the published work (See The Effect of Open Access).
.png)
