eFishery’s Fraud, Embezzlement, and Money Laundering
Monday, May 12, 2025
Audit uncovers financial manipulation at eFishery since 2018, allegedly involving illicit fund transfers to employees.
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THE headquarters of eFishery on Jalan Malabar No. 37 in Bandung, West Java, now sits eerily quiet. The once-bustling startup that sought to revolutionize the fisheries industry has come to a near standstill, following allegations of financial fraud and embezzlement. “The place began to empty after a wave of employee layoffs,” said a building guard on Wednesday, May 7, 2025.
The guard, who requested anonymity, said the company&rs
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