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Indonesia reports US$465.6m in financial losses to AI scams
Indonesia’s Financial Services Authority (OJK) reported that AI-driven scams caused financial losses of 7.8 trillion rupiah (US$465.58 million) from November 2024 to November 2025.
The most common methods involve criminals using AI to mimic victims’ voices and faces, often impersonating family or friends to trick people into sending money.
As of August 2025, OJK received more than 70,000 reports of AI-related scams.
The Indonesia Anti-Scam Centre, active since November 2024, has logged 343,402 scam reports and blocked 106,222 bank accounts.
OJK’s Satgas PASTI task force has blocked hundreds of illegal financial activities, including 611 illegal online lenders, and 69 fraudulent investment schemes.
From 2017 to November 2025, the task force shut down 14,005 illegal financial entities in Indonesia.
OJK urges the public to verify unusual requests, protect personal data, and be cautious of suspicious voice or video messages, even from familiar contacts.
Authorities are working with other agencies to strengthen monitoring and enforcement against digital financial crimes.
🔗 Source: Katadata
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POJK 12/2024 tightens reporting and penalties in fraud cases
- Late reports incur per-day fines of IDR 1.5 million for commercial banks and financing companies, or IDR 50,000 to 500,000 for others. The rule also allows administrative sanctions, including suspension of business activities.
- Banks must file fraud incident reports within 3 business days while others have 6. Banks and financing companies must submit an Anti-Fraud Strategy within 3 months of enactment, with semiannual reports while others report annually.
- By April 30, 2025, the Indonesia Anti-Scam Centre (IASC) received 105,202 reports with losses of IDR 2.1 trillion. From Jan 1 to Apr 27, 2025, 93 PUJK (licensed firms regulated by OJK) compensated consumer losses of IDR 17.68 billion and USD 3,281.
AI rules slip to 2026 while OJK rules spur fraud tech demand
- Indonesia delayed AI rules to early 2026 and ministries will issue sector guidelines afterward. Vendors in fraud detection or identity verification can partner early.
- OJK requires initial Anti-Fraud Strategy submissions within 3 months for banks and financing companies. Incident reports face tight deadlines that lift demand for monitoring tools like behavioral analytics or anomaly detection. Officials flagged future requirements for advanced detection on high-risk transactions like large-value transfers or first-time payees or cross-border payments.
- Deepfake content rose 550% over five years and officials urged platforms to offer free AI content detection tools. B2B providers can stand out with liveness checks that confirm a real person, not a recording or synthetic media. Voice authentication or deepfake identification can help.
