Indonesian Police Seize $32M from Biz Execs Who ‘Laundered Illegal Gambling Funds’

Indonesian police say they have confiscated assets worth over $32 million from two business executives suspected of laundering money from illegal online gambling networks.

The Jakarta Post quoted Commissioner-General Wahyu Widada of the Indonesian National Police’s Criminal Investigation Agency as stating that officers froze cash deposits worth $16 million and seized four motor vehicles and various “financial instruments.”

Wahyu said the duo had created a shell company to help them hide profits generated from illegal online gambling sites.

Indonesian Police: Suspects May Be Jailed for 20 Years

Both individuals have been charged with money laundering-related offences. They could face two decades in jail if they are convicted.

Officers said the duo held senior positions at a company named A2Z Solusindo Teknologi and processed payments using their own firm’s accounts and those of the shell company.

They added that the duo exercised complete control over A2Z Solusindo and its shadow operations. The ownership helped them process and collect gambling proceeds, police explained.

Wahyu said that the suspects used these accounts to launder profits from at least 12 gambling-related websites.

Most of these sites have offered customers access to illegal online slot games.

The Commissioner-General said the suspects used QR code payments, virtual accounts, and cryptocurrencies to launder funds.

Police believe the suspects used a sophisticated network of 4,656 accounts in 22 banks. The suspects also allegedly used investment platforms and crypto wallets to throw investigators off their trail. Officers also say they have frozen almost 200 bank accounts in eight banks.

Gambling Crackdown Already Yielding Results, Law Enforcers Claim

Meanwhile, the same media outlet reported that Indonesia’s Financial Transaction Reports and Analysis Center (PPATK) has noted a sharp drop in the value of online gambling transactions. The claim comes amid an ongoing police crackdown on illegal betting sites.

The PPATK said that the worth of such transactions in the first quarter of 2025 totaled $2.8 billion, down from $5.4 billion in Q1 of FY2024.

The center credited the fall to its intensive crackdown on gambling networks, saying that the decrease represented “a major achievement.”

The PPATK also forecasted a drop in the volume of online gambling transactions. The center identified 39 million gambling-related transactions in the first three months of 2025.

The PPATK explained that this would put yearly transaction figures at a projected 160 million by year’s end, compared to 209 million transactions recorded in 2024.

But Wahyu warned that online gambling is still a problem that penetrates all layers of Indonesian society. The Criminal Investigation Agency chief said: “This problem has spread throughout society. And unfortunately, even students and law enforcement officers have been involved.”

Wahyu concluded by warning: “There are cases where people have resorted to theft, even homicide, just to pay off gambling debts.”

Earlier this month, officers announced that they had seized over $36 million from several Indonesian bank accounts linked with suspected illegal gambling operations.

In April, a UN agency claimed that several major international crime groups have infiltrated legal casinos in multiple Southeast Asian nations.

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 Indonesian police say they have confiscated assets worth over $32 million from two business executives suspected of laundering money from illegal online gambling networks. The Jakarta Post quoted Commissioner-General Wahyu Widada of the Indonesian National Police’s Criminal Investigation Agency as stating that officers froze cash deposits worth $16 million and seized four motor vehicles and
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