Purpose

This study aims to propose a law enforcement strategy for investment fraud through comparative studies in the United States of America (USA), Canada and Indonesia, and to identify the factors that cause weak law enforcement on investment fraud with the object of a binary options case study in Indonesia.

Design/methodology/approach

This research is a type of legal research, namely, research based on legal materials (library-based). The legal materials used include primary legal materials and secondary legal materials. The approaches used are the statute approach, the case approach and the comparative approach. The data collection technique used in this research is a literature study. The analysis was carried out qualitatively by using an interactive model.

Findings

In 2022, the Indonesian Financial Services Authority (OJK) recorded that the total value of public losses because of investment fraud in Indonesia reached 117.4tn IDR. Weak law enforcement is the reason investment fraud thrives in society. Strategies that can be implemented to prevent investment fraud include early detection of new investment fraud modes through the whistleblower program, mutual legal assistance in criminal matters, criminal restitution and improvement of public financial literacy.

Research limitations/implications

This study examines the problems of law enforcement against investment fraud with a case study of binary options in Indonesia. A law enforcement strategy is built on identifying issues and adopting law enforcement policies against investment fraud in Canada and the USA.

Practical implications

For individuals, the results of this research can be used as reading material to increase their understanding of investment fraud. For the government, the results of this study can be a reference in an effort to eradicate the rise of investment fraud cases more effectively and create a safe digital economic space for investors.

Social implications

The results of this study are expected to be useful in providing recommendations for strategies to strengthen law enforcement against the problems of investment fraud cases so as to form a conducive investment climate in the sense of being safe, comfortable and profitable.

Originality/value

Legal frameworks to prevent investment fraud are rarely discussed. The rise in binary options cases that occur is an indication of weak law enforcement in the investment sector. Therefore, an in-depth study of law enforcement strategies to prevent investment fraud is needed, with comparative studies in the USA, Canada and Indonesia.

中文翻译：

---

打击投资欺诈的执法：美国和加拿大的比较研究以及印度尼西亚二元期权的案例研究

目的

本研究旨在通过美国、加拿大和印度尼西亚的比较研究，提出投资欺诈执法策略，并以二元期权案件为对象，找出导致投资欺诈执法不力的因素。在印度尼西亚学习。

设计/方法论/途径

本研究属于法律研究的一种，即基于法律资料（基于图书馆）的研究。使用的法律材料包括主要法律材料和次要法律材料。所使用的方法有法规法、案例法和比较法。本研究使用的数据收集技术是文献研究。通过使用交互式模型进行定性分析。

发现

2022年，印尼金融服务管理局（OJK）记录称，印尼因投资欺诈而造成的公共损失总额达到117.4兆印尼盾。执法不力是投资欺诈在社会上猖獗的原因。预防投资欺诈可以采取的策略包括通过举报计划及早发现新的投资欺诈模式、刑事事项司法协助、刑事赔偿和提高公共金融素养。

研究局限性/影响

本研究以印度尼西亚二元期权为例，探讨了打击投资欺诈的执法问题。执法战略的基础是识别问题并采取执法政策来打击加拿大和美国的投资欺诈。

实际影响

对于个人来说，这项研究的结果可以作为阅读材料，以增加他们对投资欺诈的理解。对于政府来说，这项研究结果可以作为参考，以更有效地消除投资欺诈案件的上升，为投资者创造安全的数字经济空间。

社会影响

本研究的结果有望为加强针对投资欺诈案件问题的执法提供策略建议，从而形成安全、舒适、有利的投资环境。

原创性/价值

防止投资欺诈的法律框架很少被讨论。二元期权案件的增加表明投资领域执法薄弱。因此，有必要对防止投资欺诈的执法策略进行深入研究，并对美国、加拿大和印度尼西亚进行比较研究。