Cases / Investment funds & advisory
Koperasi Langit Biru (KLB)
Jaya Komara
ReportedAug 9, 2012
LocationIndonesia
Amount$632,000,000
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- Company / entity
- Koperasi Langit Biru (KLB)
- Industry
- Cooperative (koperasi) investment packages
- How investors were recruited
- About 125,000 members buying packages from Rp 385,000 to Rp 9.2 million
- Pitch & red flags
- promised returns of 10 to 40 percent in a short period