Indonesia police dismantle 36 billion rupiah counterfeit money syndicate

Police in Indonesia have dismantled a major counterfeit currency syndicate in Tangerang Selatan. Authorities raided a warehouse in the Taman Tekno area, seizing 360,000 counterfeit 100,000 rupiah notes, valued at approximately 36 billion rupiah. The syndicate, which had been operating since March, planned to distribute the notes to private banks using a 3-to-1 ratio of fake to real currency. Four suspects, including a primary financier and controller identified as AB, were apprehended. The operation also yielded high-quality printing equipment, including offset machines and UV printers.

Separately, Indonesian entertainer Ruben Onsu has been named a suspect in a case involving alleged fraud and embezzlement of 3.5 billion rupiah in investment funds. The investigation by the South Jakarta Metro Police follows reports that investment capital and promised returns were not returned to the victim. Onsu has issued a public apology via social media, stating he is committed to taking responsibility and is working to gather evidence to clarify the situation, noting difficulties in contacting former business associates.