Praktik Skema Ponzi sebagai Investasi Bodong di Indonesia: Tinjauan Pustaka

Ponzi Scheme Practices as Illegal Investments in Indonesia: A Literature Review

Abstract

Introduction: The Ponzi scheme is a type of financial fraud with promises of high returns, first introduced by Charles Ponzi in the 1920s. In Indonesia, Ponzi schemes are still prevalent, and many people are unaware of their dangers. Unlike multi-level marketing (MLM), this scheme focuses solely on recruiting new members without selling any products or services.

Methods: This research employs a literature review method by referencing relevant sources. The utilized sources include the Google Scholar database with the keywords "Ponzi Scheme in Indonesia."

Results: The Ponzi scheme is an illegal investment scheme that promises false profits to new investors using the money from previous investors. Some examples of cases in Indonesia include First Travel, MeMiles, Dream for Freedom (D4F), Sunmod Alkes, and Binomo. Regulation regarding Ponzi schemes in Indonesia is not comprehensive enough, necessitating more stringent laws and public education. Future Ponzi schemes are becoming increasingly complex and challenging to identify. The Indonesian Financial Services Authority (OJK) must enhance monitoring and supervision capabilities over investment entities. Educating the public and the younger generation about safe and legitimate investments is also crucial in reducing Ponzi scheme practices.

Conclusion: The Ponzi scheme remains a deceitful illegal investment promising high returns and continues to pose a challenge in the future. Implementing stricter regulations and educating the public and younger generation are essential steps to mitigate Ponzi scheme practices and protect society from illegal investment losses.