Binary Options or meliorate known every bit Binomo is one of the astounding investment methods that has attracted the attention of people around the world. This trading platform, which started in 2014, is a product of a company named Dolphin Corp located in St. Vincent and the Grenadines, Caribbean islands.
Currently, this arrangement that offers huge instant income serves 30,000,000 trade traffic per week and reaches more than 133 countries, including Republic of indonesia.
Even so, this online business organisation organisation was tarnished past the arrests of Doni Salmanan, Indra Kenz, and Fakar Suhartami in Republic of indonesia. They were suspected of doing fraud under the guise of Binomo practices.
Based on data from the National Law’south criminal investigation, as of March x, 2022, the total losses suffered past the victims of Binomo platform in Indonesia reached more than 30 billion Rupiah. The value of these losses continues to grow since many victims take yet to report their losses due to this investment.
Legal or illegal?
The strange currency-based trading system invited brokers to employ binary options systems, which are really still controversial. One of the things that makes it controversial is that this binary trading scheme can exist classified as gambling in the financial market.
Why is it classified as a gambling system? Participants volition but depend on luck, without nugget guarantees. This was confirmed past the Indonesian Commodity Futures Trading Regulatory Agency (Bappebti).
Therefore, the Indonesian authorities firmly did not issue a permit to Binomo. Thus, information technology can be explicitly said that this future investment organization is illegal in Indonesia.
Binomo is besides classified as an unlicensed operator. The Ministry of Advice and Information (Kominfo) blocks and prohibits this online trading arrangement.
Banning and access blocking of Binomo in Republic of indonesia does not seem to make the system disappear. There have been many victims of fraud under the guise of Binomo. In addition, new domains continue to appear using the Binomo name.
Currently, the Indonesian police take arrested effectually 8 perpetrators of fraud nether the guise of Binomo. Unfortunately, the victims were not able to get their coin dorsum. Because it is an illegal investment, the victim’southward avails are not guaranteed and protected by the Financial Services Authorization (OJK).
Massive promotions by promising profits of around 80-85% of the paid-in capital and the use of influencers who use the “flexing” promotion method by showing off the wealth of trading results are hard to resist for some people who desire quick profits and are hands tempted by sparkling wealth.
The “duo” Indra Kenz a.chiliad.a Indra Kesuma from Medan and Doni Salmanan from Bandung were successful in exploiting this weakness. More than x,000 people have been lulled past their lures.
Whistleblowing, a solutive way
One of the mail-event deportment that can exist taken is to gather and encourage the victims to make a claim or report together. The joint actions taken by the victims volition also be educational to the public. This will exist a lesson that Binomo and other trading investment systems are illegal and harmful.
In Indonesia, one of the joint actions was carried out past the Binary Option Victim Coordinator, which was coordinated by Maru Nazara. This move was aimed to evoke more whistleblowers.
Simultaneously, the National Police with the Directorate of Special Crimes (Tipideksus) Bareskrim, headed past Brigadier General Whisnu Hermawan, built a hotline system for the victims of Binomo. Victims can report Binomo fraud via Whatsapp at 0812-1322-7296. In improver, victims can besides file reports via the Instagram business relationship @posko_robottrad_binary_option_dittipideksus.
Lesson to Acquire
Bappebti explained that banning or illegalizing the binary options systems, such every bit Binomo, stems from concerns that the public may be influenced by misleading advertisements, promotions, and offers to participate in fraudulent practices operating nether the guise of binary options trading.
From the example of Binomo and other robot trading investments, the public should exist more conscientious nearly illegal investments. Therefore, information technology is important to know at a glance the characteristics of illegal investments.
At that place are iv aspects that need to exist known before investing. First, don’t exist quick to believe that there are investments that offer loftier or unreasonable returns. Especially if the investment company does not have a clear underlying asset.
Secondly, check the license or legality of the investment company. If you take doubts, you can contact Integrity Asia, a trusted company that offers investigation, vendor screening, and background screening services. With more than than 20 years of experience, Integrity offers comprehensive checking for you to be able to brand an informed conclusion.
3rd, ask for transparency in the prospectus of risks, losses, profits, and then on from investment companies. 4th, don’t exist easily influenced. Stay critical, even though investments are promoted by influencers.
Do not easily believe the “flexing method” by influencers, regardless of the number of their followers. Exist wise earlier you invest your money.
DIT
Image credit: freepik
Source: https://www.integrity-indonesia.com/blog/2022/04/18/whistleblowing-system-one-solutive-way-to-disclosure-the-fraud-of-binomo-investment/
