World · East Asia & Pacific · 12 hrs ago
Indonesian Police Open Investigation Into Alleged Gold-Mine Investment Fraud
Indonesian police have opened a criminal investigation into suspected fraud or embezzlement linked to a gold-mine investment.
The case involves a Malaysian investor and police officer Fahrurozi, a former senior officer at the National Police’s criminal investigation agency.
The investor says they put Rp58.5 billion into a North Sulawesi gold-mine venture in several payments from May to October 2025.
The investor’s lawyer says only Rp4 billion was returned, in February 2026.
The police say they have questioned 19 witnesses and are still collecting evidence; the case’s new status does not establish that anyone is guilty.
The complaint was filed in August 2026, and the investigation was formally advanced after a case review on October 13.
The investor’s lawyer says the case should proceed transparently, while investigators continue building the case under the law.
Indonesian police have opened a formal investigation into alleged fraud or embezzlement involving a gold-mine investment reported by a Malaysian citizen.
Police said investigators found indications of a possible criminal offence after reviewing the case on October 13, 2026.
Investigators have questioned 19 witnesses and are still gathering evidence.
The complainant’s lawyer said the client invested Rp58.5 billion from May to October 2025 and received Rp4 billion in February 2026.
The report names a police officer identified in some reports as Fahrurozi, a former Bareskrim narcotics investigator.
- Who
- Indonesian police are investigating a case reported by a Malaysian citizen identified as SYF. The report involves police officer Fahrurozi, also referred to as Commissioner F.
- What
- Police upgraded the alleged gold-mine investment fraud or embezzlement case to the investigation stage.
- When
- The case review took place on October 13, 2026, and police announced the change on October 22.
- Where
- The report was made to Bareskrim Polri in Jakarta. The investment concerned a gold-mining business in North Sulawesi.
- Why
- Investigators said they found indications of a possible criminal offence. The complainant alleges fraud or embezzlement involving the investment.
This story does not have two clearly opposing sides.
The complainant invested a total of Rp58.5 billion in the gold-mining business.
The complainant received Rp4 billion, according to the lawyer.
The Malaysian complainant filed a report with Bareskrim Polri alleging fraud and/or embezzlement.
Police held a case review and upgraded the matter to the investigation stage.
The complainant’s lawyer said the separate internal police ethics process was still at the paperwork stage.
Police announced the investigation upgrade and said 19 witnesses had been questioned.
- Reported investment
- Rp58.5 billion
- Amount returned
- Rp4 billion
- Investment period
- May–October 2025
- Reported repayment date
- February 2026
- Witnesses questioned
- 19
- Case review
- October 13, 2026
3 sources
What people are saying
Based on the results of the case review, the inquiry found an event suspected of being a criminal offence, so the handling of the case can be upgraded to the investigation stage
Rank and position do not add to or subtract from the weight of a single piece of evidence; that is what we have held from the beginning and will continue to hold
What was promised was that after investing, in a single harvest period, our client would immediately get their capital back because the returns were 0.8 to 1 percent
From that period, our client only received Rp4 billion in February 2026