Swissindo

Swissindo World Trust International Orbit
of Swissindo World Trust International Orbit
Coat of arms
HeadquartersCirebon, West Java, Indonesia
LanguagesIndonesian, English
TypeDebt elimination scam
Leaders
• Leader ‘Royal K.681 M1’
Sino Soegihartonotonegoro
Establishment
• Founded
2010

Swissindo (formally the Swissindo World Trust International Orbit, also known as UN Swissindo or NEO the United Kingdom of God Sky Earth)[1] is a debt relief scheme widely classified as a cult[2] and a scam.[3] It is led by a man named Sino Soegihartonotonegoro and describes itself as a financial organization working towards "eliminating the debt of everyone on Earth". The group is headquartered in West Java, Indonesia, [2][4] and has members across the United States, Australia, Africa, Asia and Europe.[5] Due to its financial practices, the Cirebon office of the Financial Services Authority has conducted an investigation into Swissindo.[6] The organisation targets poor and marginalised communities.[2]

Swissindo's practices have been compared to those of sovereign citizens and the redemption movement.[7] Using a concept first promulgated in Meads v. Meads, legal practitioner Donald Netolitzky argues in the Alberta Law Review that Swissindo employs organised pseudolegal commercial arguments (OPCA).[3] Soegihartonotonegoro claims to hold sovereign authority over the United Nations and various other institutions with little, if any evidence.

  1. ^ Laucereno, Sylke Febrina. "Nasabah UN Swissindo Dijanjikan Gabung ke Kingdom of God Sky Earth". detikfinance (in Indonesian). Retrieved 2020-05-09.
  2. ^ a b c Wargadiredja, Arzia (2018-02-09). "The Debt Cult That Wants to Save the World With a Mountain of Gold". Vice.
  3. ^ a b Netolitzky, Donald J. (2019-07-17). "After the Hammer: Six Years of Meads v. Meads". Alberta Law Review: 1167. doi:10.29173/alr2548. ISSN 1925-8356.
  4. ^ Sauni, Herawan; Arso, Dimas (April 2018). "The Roles of Otoritas Jasa Keuangan to Overcome Fictive Investment Bengkulu City". University of Bengkulu Law Journal. 3: 49–50. doi:10.33369/ubelaj.3.1.41-53.
  5. ^ Hodge, Amanda (2016-06-15). "King of Kings Sino and his Australian subjects". The Australian.
  6. ^ Tobing, Tongam (2017-08-24). "Press Release: Investment Alert Task Force Stop Swissindo UN Activities". Otoritas Jasa Keuangan.
  7. ^ "Join Swissindo World Trust International Orbit and Magically Have Your Debts Vanish". Get Out of Debt Guy - Steve Rhode. 2018-02-19. Retrieved 2020-05-09.