Dana Raya Nusantara Cooperative presents itself as a cooperative offering financial products and high-yield investment services in Indonesia. However, it lacks the necessary legal permits and has been consistently and publicly blacklisted by Indonesia's Financial Services Authority (Otoritas Jasa Keuangan - OJK) and the Investment Alert Task Force (Satgas Waspada Investasi - SWI). Regulatory bodies have identified its operations as an illegal "money game" or Ponzi-like scheme, which solicits funds from the public by promising unrealistically high returns without a legitimate underlying business model or legal foundation.

Founded in

Indonesia