Former prosecutor jailed for embezzling Rp11.7 B in robot trading fraud case
Former prosecutor at the West Jakarta District Attorney Office, Azam Akhmad Akhsya, has been sentenced to seven years in prison after being found guilty of embezzling Rp11.7 billion (US$700,000) in evidence money from a fraudulent investment case involving the Fahrenheit trading robot platform. He was also fined Rp250 million, with a subsidiary sentence of three months in jail if the fine is not paid.
During the trial at the Jakarta Corruption Court on Tuesday, July 8, 2025, Presiding Judge Sunoto said that Azam exploited his position as a prosecutor to fabricate 137 fake Bali-based groups, which were never listed in the case files.
From a total of Rp53.7 billion meant for the Solidarity of Fahrenheit Investors (SIF) group, Azam diverted Rp17.8 billion to these fictitious entities, leaving Rp35.9 billion for the actual victims.
The court revealed that Azam had engaged in systematic embezzlement over 16 months, from August 2022 to December 2023. His scheme included producing duplicate BA-20 evidence return forms, using the bank account of a contract worker named Andi Rianto to disguise transactions, and increasing so-called “understanding fees” from Rp800 million to Rp1 billion.
“The facts of the trial clearly show the defendant actively abused his authority by coercing victims into paying him money,” Judge Sunoto said while reading the verdict.
Azam’s illicit proceeds were traced to three lawyers representing victims of the Fahrenheit fraud: Oktavianus Setiawan (Rp8.5 billion), Bonifasius Gunung (Rp3 billion), and Brian (Rp200 million).
His actions directly harmed 912 victims, primarily from the Bali-based investor group, compounding the suffering of those already scammed by the trading robot scheme.
“He deprived them of a portion of their rightful compensation,” the judgesaid.
The court also detailed Azam’s personal use of the stolen funds, which included Rp2 billion for insurance, Rp2 billion in deposits, Rp3 billion for real estate, and Rp1 billion for an Umrah minor haj pilgrimage and other personal expenses.
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