Abstract

Author:
Girang Permata Gusti

Doi: 10.26480/mbmj.01.2024.42.45

This is an open access article distributed under the Creative Commons Attribution License CC BY 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

This research aims to analyze the financial behavior of Indonesian society and investigate complaints related to illegal financial entities, with a focus on the 2023-2024 period. The research method used is descriptive quantitative using secondary data from reports from the Financial Services Authority (OJK) of the Republic of Indonesia. Research findings show an increase in the activity of the Illegal Financial Eradication Officer Unit (Satgas Pasti) which has succeeded in stopping 311 illegal financial entities since the beginning of 2024. Cumulatively, the Task Force Pasti has stopped 8,892 illegal financial entities from 2017 to 13 February 2024.OJK also recorded the existence of 27,283 complaints during the period 2023 to 23 February 2024, with the majority coming from the banking sector and the financial technology (fintech) industry. The contribution of this research lies in an in-depth understanding of the dynamics of illegal investment and public complaints, providing insight for more effective countermeasures and better prevention policies in the future.