inp.polri.go.id - Jakarta. The Criminal Investigation Agency (Bareskrim) of the National Police (Polri) has traced the owner of the Binomo binary options platform that is allegedly being in the Caribbean Islands area. This finding was found after the Financial Transaction Reports and Analysis Center (PPATK) shows that there was a flow of funds to the area. The Head of the Public Information Division (Kabag Penum) of the Public Relations Division (Divisi Humas) of Polri, Commissioner Gatot Repli Handoko, S.I.K., said that this can be achieved because Bareskrim had also coordinated with PPATK in examining the flow of funds, which leads to the owner or the one who have the power over the application. Kabag Penum explained that Bareskrim Polri had also examined two affiliates who had been named suspects and detained, namely Indra Kenz for Binomo and Doni Salmanan for Quotex. Through these two affiliates, further investigation of the case of this binary option is continued to be developed. "We are coordinating with PPATK and continuing to review the flow of funds from these two suspects, as well as other binary options that are still under investigation," explained the Intermediate Officer of the Police Public Relations Division, Friday (18/03/22). Police Commissioner Gatot Repli Handoko ensured that the police would continue to explore and develop this case to the end. The police are aiming to arrest the mastermind behind the illegal investment case, which also leads to money laundering. "Whether it's related to the owner or anyone who are above the IK (Indra Kenz) and DS (Doni Salmanan), we are currently still working on it and still explored by investigators," said the former Head of Public Relations of the East Java Police. PPATK previously disclosed the flow of illegal investment funds with binary options platforms. In collaboration with the Financial Intelligence Unit (FIU) abroad, PPATK found that significant amounts of money had been disbursed abroad, namely to bank accounts located in Belarus, Kazakhstan, and Switzerland. “The recipient of the funds is assumed to be the owner of the Binomo platform located in the Caribbean Islands," said Head of PPATK Ivan Yustivandana on Friday, March 18, 2022. From September 2020 to December 2021, the number of funds flowing to Binomo owners reached 7.9 million euros—or Rp 125.5 billion. The funds are then transferred back to the final beneficiary of the online gambling site managing entity.