Trapped by Ibist Promises
Get-rich-quick schemes are still rampant, despite tens of thousands of people being victimized. The police and the Bank of Indonesia need to take firm action on this.
January 23, 2007
Illegal banks remind us of the old saying: where one dies, thousands more will spring up. This has happened again and again in the last few years. Although thousands of such confidence artists have been caught and trillions of rupiah remain missing, some people are still tempted by improbable get-rich- quick schemes.
The latest reports come from Bandung and Surabaya. PT InterBanking Bisnis Terencana (Ibist) tried the same method. More than 5,000
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