Company Information

Get to know jouska indonesia

PT Jouska Finansial Indonesia was an independent financial advisory firm that gained significant popularity, particularly among millennials in Indonesia, through social media. Founded by Aakar Abyasa Fidú, the company offered financial education and planning services. However, it was later discovered that Jouska was also allegedly managing client funds and directing them into high-risk stock investments without the required investment manager license from Indonesia's Financial Services Authority (OJK). This led to substantial losses for numerous clients, a public scandal, and ultimately the revocation of its business license and criminal proceedings against its founder in 2020.

Industry

Financial Wealth ManagementPRIMARY
Financial Other Service

Contact

Social

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jouska indonesia

Indonesia

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.