Reconceptualization of Money Game Arrangements (Illegal / Bodong Investments) as a Crime Related to Legal Protection Efforts of Investors in Indonesia

Abstract

Money game is an activity of collecting money in the practice of bonuses or commissions taken from the addition or the recruitment of new members, and not from product sales. Even if there is a sale of a product, it is only camouflage. The main problem in this research is how the regulation of money games (investment illegal/ fraud) as a criminal act is associated with legal protection efforts of investors in Indonesia and how the reconceptualization ofregulation money game (investment  illegal/ fraud) as a criminal act is associated with legal protection of investors in Indonesia. The research method is a normative legal research that is legal research library (Library Research), The nature of research is descriptive analytical. From the results of the study it can be concluded that the regulation of money games (investment illegal) as a criminal act is associated with legal protection for investors in Indonesia which is not effective in its application, this is because in field practice, law enforcement officials tend to be guided by the Criminal Code in enforcing law enforcement. law against perpetrators. Even though the perpetrator's actions can be charged with legal regulations outside the Criminal Code. And the idea of reconceptualizing money game (investment  illegal) as a criminal act is associated with legal protection efforts of investors in Indonesia, which can be seen from the three elements of the legal system, namely thestructure of law, thesubstance of the lawand culture. law (legal culture). No matter how good the arrangement of legal.