Gather together! Protest against Scam Investments-Binomo Affiliate Promoters

Demo at Tangsel Police Resort

The wave of protesters moved to concentrate in the area of the law enforcement building. About a week ago, the gate of South Tangerang Police Resort was crowded with a human crowd.

“We ask the Chief of Police to investigate thoroughly. We filed a report 5 days ago regarding the old executives suspected of being non-transparent in asset distribution,” said PTIB chairman Leo Chandra to an online media reporter.

The demonstrators are members of the United Indonesian Traders Association (PTIB) demanding quick action from the Chief of Police in Tangsel. The police finally accepted representatives from PTIB for a discussion that lasted about fifteen minutes.

Leo Chandra then conveyed the results of the discussion, stating that the police would soon follow up on the report regarding the old PTIB executives who are suspected of being non-transparent and are also alleged to have embezzled assets.

Indra Kesuma, Binomo Affiliate

Indra Kesuma alias Indra Kenz is known in fraud cases as an affiliate exploiting the Binomo binary options trading platform in Indonesia. The court sentenced him to 10 years in prison plus a fine of IDR 5 billion, or 10 months of imprisonment.

The Binomo Binary Option Trading case in Indonesia has gained attention in the investment world. Binomo, an online trading platform, has become a controversial case in Indonesia. Many people fell into the trap of potential profits offered by binary options trading.

Dolphin Corp LLC operates as the broker for Binomo. This entity is registered in a financial authority that does not issue broker and forex licenses, namely in SVGFSA, St. Vincent And The Grenadines.

So far, there have been a total of 46 complaint reports in the Exposure column and 6 negative comments in the User Reviews on the WikiFX platform. Some of them are detected as relatively new reports that emerged in August and November 2023.

Type: binomo, in the broker name search box to get more detailed references through the WikiFX website or application.

Root of the Problem at PTIB

The court has ruled that Indra Kenz's seized assets must be returned for compensation to the victims of the Binomo affiliate fraud.

Leo explained that several victims felt many irregularities in the management of assets by the old PTIB executives. The old PTIB management team is considered to have not given a voice and silenced the group of victims.

This is the main reason for the change in leadership at PTIB.

“The old executives are not cooperative in handing over the assets of the current victims. We have sent warnings and asked politely, so we finally filed a Police Report at Tangsel Police Resort,” said Leo.

“Brother Maru Nazara, Roby Situmorang, and M Riski will process the Police Report made by the New PTIB Chairman Leo Chandra through the lawyer Janjang J Lawyer. The old executives are non-transparent in selling seized assets from Indra Kenz returned to the victims,” Leo said.

“The sale of a Tesla worth IDR 435 million was deducted by 60 million into the account of an individual, and only IDR 375 million was distributed to the victims,” Leo added.

Another issue is that the old management is considered to have hindered the process of selling a piece of land in the Alam Sutera Narada area by staging a fictitious buyer who only paid a down payment of IDR 100 million.

“Even though there is already a buyer who paid IDR 3 billion, only the remaining IDR 3 billion needs to be paid,” explained Leo.