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HandWiki. Swissindo World Trust International Orbit. Encyclopedia. Available online: https://encyclopedia.pub/entry/34906 (accessed on 18 June 2024).
HandWiki. Swissindo World Trust International Orbit. Encyclopedia. Available at: https://encyclopedia.pub/entry/34906. Accessed June 18, 2024.
HandWiki. "Swissindo World Trust International Orbit" Encyclopedia, https://encyclopedia.pub/entry/34906 (accessed June 18, 2024).
HandWiki. (2022, November 16). Swissindo World Trust International Orbit. In Encyclopedia. https://encyclopedia.pub/entry/34906
HandWiki. "Swissindo World Trust International Orbit." Encyclopedia. Web. 16 November, 2022.
Swissindo World Trust International Orbit
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This article is about a new religious movement in Indonesia. For more information regarding religion in Indonesia, see Religion in Indonesia. Swissindo World Trust International Orbit is a religious movement established in 2010 concerned with eliminating the debt of every individual on Earth. It originated in West Java, Indonesia and is led by Sino Soegihartonotonegoro. The organisation has members from a vast array of nations including the United States , Australia and the Netherlands. Due to its illegal financial practices, the Cirebon office of the Financial Services Authority has conducted an investigation into Swissindo. The organisation has been criticised for targeting poor and marginalised communities. Swissindo asserts its mission is to create “Heaven on Earth” through various means.

new religious movement religious movement religion

1. Beliefs

1.1. Ideologies and Practices

Swissindo’s ideology appears to be inspired by the influx of anti-financial establishment cults during the Global Financial Crisis.[1] The organisation views debt as a form of worldwide slavery that all people require liberation from.[1] Swissindo claims it is a non-profit organisation engaging in humanitarian work.

The Swissindo code of conduct, as bestowed by Sino himself, involves recognising the integrity of all humans, promoting equality and rejecting "favouritism, racism, corruption or egotism".[2] Swissindo's publications urge individuals to practice universal understanding in order to obtain an entirely united human race.[2]

Sino assigns his followers with roles in his global movement.[1][3][4] For instance, Kimarie Teter is the “Prime Minister of Love for United States”.[3]  Australian delegates include the “Empress of Australia to Prime Minister”.[1] Once recruited, members are expected to attract other debt-laden individuals to join Swissindo.[4]

1.2. Conspiracy Theories

The organisation claims that their enemies assassinated John F. Kennedy.[3] https://handwiki.org/wiki/index.php?curid=1665930

UN Swissindo possesses a diverse range of beliefs concerning topics such as the Assassination of John F. Kennedy, global organisations and the Asian dynasties during the Majapahit era.

It is purported that John F. Kennedy possessed the same ambitions as Sino of eliminating the debt of every individual on Earth.[3] Given his goal, it is alleged that Swissindo’s enemies assassinated Kennedy.[3]

Swissindo asserts that Sino owns the United Nations , Vatican City, Interpol and all of the world’s militaries.[3] As such, Sino has threatened the Indonesia Financial Crimes Agency (OJK) with nuclear war if they continue to investigate his organisation.[3]

“If you don’t want to make peace, I am ready to issue a statement of war to the world”. – Sino Soegihartonotonegoro[5] 

Swissindo’s followers believe Sino’s mass wealth consists of 78 million tonnes of gold and platinum worth “one Quintillion USD”.[3][4] It is claimed that this treasure originates from the combined wealth of the Asian dynasties during the Majapahit era.[3]

1.3. Ambitions

According to Swissindo publications, the organisation intends to create “Heaven on Earth”.[6] It aims to achieve this by providing funds to all people, strengthening the relationship between man and God, and recognising the value of human life.[6] Swissindo’s followers believe God sanctions this mission with the intention of freeing and uniting all people.[6]

Swissindo's followers believe in the emergence of a global government led by Sino.[3] It is dubbed the 'Grand Acclamation'.[3] It is believed that this government will financially liberate the people of the world by injecting one quintillion USD into the global economy.[7] This government will also establish a single world currency named "ESTWO".[2] One "ESTWO global" is said to be worth $225 USD.[2]

Swissindo asserts that a new age of human development known as the New Earth is emerging.[8] This age involves all species living in harmony and respect under "Divine Law".[8]

2. Leader

Former Indonesian President, Sukarno, who allegedly appointed Sino as his successor.[2] https://handwiki.org/wiki/index.php?curid=1406723

Sino Soegihartonotonegoro, age 49, is the founder and leader of UN Swissindo.[2][3] Prior to Swissindo’s establishment, Sino was an architect.[1] Sino allegedly plans to distribute $6 million USD to every individual once the global financial institutions are defeated.[1] However, he supposedly cannot showcase his fortune as he receives constant death threats and fears his enemies may steal it .[3][5] Swissindo’s followers believe that Sino is a direct descendant of King Solomon and is proclaimed by God as the saviour of the world.[2][3] Sino threatens banks that do not honour his certifications with 100 years imprisonment or a $1000 trillion USD fine. It is claimed that Queen Elizabeth II has sanctioned these penalties.[1]

Swissindo's website claims that prior to his death, President Sukarno appointed a 'Son of the Nation' by instructing his lawyer to transfer his mission to Sino.[2] This is justified by Sino's birth on June 2, 1970, nineteen days before Sukarno's death.[2] It is claimed that Sino was chosen at birth as a prophet and king, proclaimed to save the world with his upmost authority and power.[2]

In 2018, it was reported that the Indonesian National Police had arrested Sino for the illegal practices carried out by UN Swissindo.[9]

3. Influence

3.1. Global Impact

The organisation possesses a global influence with followers from Australia, the US, Latin America, South Africa , Indonesia, Laos and The Netherlands.[1] In each of these nations, delegates are appointed to positions such as “Prime Minister of Love for United States”.[3] It is reported that the role of delegates is to distribute Sino’s money within these nations.[1] One such delegate is Kimarie Teter, a recruit from California , who is a devout follower of Swissindo.[3][5] Teter grew frustrated with the Internal Revenue Service's (IRS) demands that she pay her debt exceeding $10,000.[3][5] She claims that Swissindo successfully eliminated her debt and that the IRS no longer contacts her.[3][5] This process involved sending Swissindo her birth certificate and $400.[3][5] Teter continues to promote Swissindo’s publications on her Facebook account.[3][5]

Swissindo also has high-profile members. Former Australian politician, Ann Bressington, is a known member of the cult and has acted as the “United Nations Special Operations Executive of Swissindo”.[1]

There has been documentation of Swissindo vouchers being used at banks in western Java, Sulawesi and Sumatra.[1] The OJK have received various complaints that Swissindo members are intimidating banks and their employees.[1]

3.2. Media Coverage

UN Swissindo has attracted widespread media coverage on a global scale. Vice Media's documentary, The Cult of Debt Forgiveness, has amassed in excess of 500,000 views and 1,200 comments on YouTube.[10] This documentary includes an interview with Sino, in which he outlines his philosophy concerning debt and the need to protect human rights.[10] The entity has also been covered by a diverse range of newspapers including The Australian[1], CNN Indonesia[11], City Press (South Africa)[4] and Tempo (Indonesian magazine)[9]. These publications present Swissindo in a negative fashion, branding it as a pyramid scheme and criticising its recruitment of vulnerable individuals.

Academic research has also been conducted into the organisation. Herawan Sauni's and Dimas Dwi Arso's article The Roles of Otoritas Jasa Keuangan to Overcome Fictive Investment outlines the role of the Otoritas Jasa Keuangan (OJK) in investigating and preventing fictitious investment in Bengkulu city.[12] The article contains a section analysing the OJK's investigation into Swissindo.[12]

4. Controversy and Criticism

4.1. OJK Investigation

The OJK has launched an investigation into Swissindo.[1][12][13] https://handwiki.org/wiki/index.php?curid=1911341

The Cirebon office of the Financial Services Authority (OJK) is investigating Swissindo for alleged breaches of financial and criminal law.[1][12][13] The OJK refutes Sino’s claims and brands Swissindo as a scam. They argue that Swissindo targets vulnerable, desperate and poor individuals.[13]

M1 Master Bond that supposedly allows Swissindo members to collect $1,200 USD from the Bank Mandiri.[11][13] https://handwiki.org/wiki/index.php?curid=1151314

The OJK reports that Swissindo followers are provided with vouchers that supposedly allow them to collect $1,200 USD (Rp. 15.6 million) from the Bank Mandiri.[11][13] This practice began on June 6, 2017.[4] However, the OJK's chairman has confirmed that the vouchers are not legitimate financial documents.[13]

"The activities carried out by the Swissindo National Examination are not true, because the repayment letter issued is not recognized by financial service institutions and the vouchers provided cannot be disbursed at Bank Mandiri". – Tongam L. Tobing[13] 

The Investment Alert Task Force, National Police Bareskrim and Bank Indonesia have summoned Sino to a number of meetings.[11][13] The Task Force obtained an agreement that Swissindo would cease all activities relating to debt relief documentation, an apology from Sino for the unrest caused by Swissindo’s practices and a request for Sino’s statements to be made public.[11][13] Despite his assertions that Swissindo will stop issuing the M1 Master Bond, the cult has continued to operate.[3]

The OJK has urged individuals to only invest their money in companies that have acquired a business license from authorised agencies and a permit to offer investment products.[14] The Financial Services Authority also warned the public to be cautious when any entity promises debt relief.[14]

4.2. Membership

Targeting Marginalised Communities

Swissindo's followers have alleged that they were charged a “few million” rupiah for the M1 Master Bond, a voucher that the OJK has confirmed the illegitimate nature of.[3][13] The debt elimination process supposedly costs $400 USD.[5] The issuing of M1 Master Bonds has sparked controversy as Swissindo has reportedly targeted in excess of 500,000 individuals living in poverty.[4] Former members have stated that their association with Swissindo has contributed to divorces, business failures and financial issues.[1]

Membership Recruitment in South Africa

The South African National Civic Organisation (SANCO) has foiled several SANCO impersonators from recruiting new Swissindo members.[4] The impersonators valued the recruitment process at a total price of R50.[4] This consisted of R20 being charged for photos, R20 for certificates of application and R10 for the creation of email addresses.[4] One such impersonator insisted that Swissindo applicants received R17,000 to R23,000 a month depending on their age.[4] SANCO were highly critical of Swissindo actions, condemning the impersonation of their organisation for the purpose of misleading vulnerable individuals.[4] These individuals included the elderly, young people and children as low as six years of age.[4] SANCO has communicated with local South African media to warn potential victims of these fraudulent practices.[4]

"It cannot be correct that people use our name to rob our people in a country that has high unemployment rate. If we do work for our communities, we do it for free". – SANCO[4] 

Condemnation from the United Nations

The United Nations has condemned Swissindo's practices.[4] https://handwiki.org/wiki/index.php?curid=1998575

The United Nations has received informal reports of UN Swissindo's actions in South Africa and reported them to local law enforcement.[4] In a press release, the UN branded Swissindo as a scam, affirmed that the UN does not charge a fee for humanitarian work and aimed to make it "categorically clear" that UN Swissindo is not part of the United Nations.[4] It also urged the public to immediately report matters in which they are being asked to provide a fee for humanitarian work to their local authorities.[4]

“There are many people around the world who come up with schemes on how to exploit the name of the UN to swindle innocent people of their money. South Africa is not an exception". – United Nations[4] 

References

  1. Hodge, Amanda (2016-06-15). "King of Kings Sino and his Australian subjects". https://www.theaustralian.com.au/nation/nation/king-of-kings-sino-and-his-australian-subjects/news-story/aecf6754018466d981965302974f2fd1. 
  2. Swissindo, U. N.. "UN Swissindo Wiki Home Page | UN Swissindo Leader ‘Royal K.681 M1’" (in en). http://swissindo.net/en-wiki/tiki-index.php?page=UN-Swissindo-Leader-‘Royal-K.681-M1’. 
  3. Wargadiredja, Arzia (2018-02-09). "The Debt Cult That Wants to Save the World With a Mountain of Gold" (in en-asia). https://www.vice.com/en_asia/article/xw5x8z/the-debt-cult-that-wants-to-save-the-world-with-a-mountain-of-gold. 
  4. Fengu, Msindisi (2018-10-15). "More than 500 000 poor people believed to be conned in ‘Indonesian scam’" (in en). https://city-press.news24.com/News/more-than-500-000-poor-people-believed-to-be-conned-in-indonesian-scam-20181015. 
  5. Spooky (2018-02-21). "The Mysterious Indonesian Cult Promising to Magically Rid Followers of Financial Debt" (in en-US). https://www.odditycentral.com/news/the-mysterious-indonesian-cult-promising-to-magically-rid-followers-of-financial-debt.html. 
  6. "Resources for the Swissindo Group – Neo The United Kingdom Of God Sky Earth.". 2019. http://swissindo.news/. 
  7. Swissindo, U. N.. "UN Swissindo Wiki Home Page | Introduction to UN Swissindo" (in en). http://swissindo.net/en-wiki/tiki-index.php?page=Introduction-to-UN-Swissindo. 
  8. Swissindo, U. N.. "UN Swissindo Wiki Home Page | Why The United Nations Has No President" (in en). http://swissindo.net/en-wiki/tiki-index.php?page=Why-The-United-Nations-Has-No-President. 
  9. Rahma, Andita (2018-10-15). "Police Arrest Leader of Debt Forgiveness Cult UN Swissindo". https://en.tempo.co/read/920480/police-arrest-leader-of-debt-forgiveness-cult-un-swissindo. 
  10. VICE (2018-02-08), The Cult of Debt Forgiveness, https://www.youtube.com/watch?v=3ec2WLyUtbA, retrieved 2019-05-17 
  11. Pasopati, Giras (2017-08-24). "Swissindo UN boss apologizes and stops activities" (in en). https://www.cnnindonesia.com/ekonomi/20170824094917-78-236914/bos-un-swissindo-minta-maaf-dan-hentikan-kegiatan. 
  12. Sauni, Herawan; Arso, Dimas (April 2018). "THE ROLES OF OTORITAS JASA KEUANGAN TO OVERCOME FICTIVE INVESTMENT". University Of Bengkulu Law Journal 3: 49–50. https://ejournal.unib.ac.id/index.php/ubelaj/article/viewFile/4797/2650. 
  13. Tobing, Tongam (2017-08-24). "Press Release: Investment Alert Task Force Stop Swissindo UN Activities". https://www.ojk.go.id/id/berita-dan-kegiatan/siaran-pers/Pages/Siaran-Pers-Satgas-Waspada-Investasi-Hentikan-Kegiatan-UN-Swissindo.aspx. 
  14. Tobing, Tongam (2016-11-01). "OJK AND INVESTMENT ALERT TASKFORCE UNCOVER TWO ILLEGAL INVESTMENT CASES AND A LOAN REPAYMENT FRAUD". https://www.ojk.go.id/en/berita-dan-kegiatan/siaran-pers/Documents/Pages/Press-Release-OJK-and-Investment-Alert-Taskforce-Uncover-Two-Illegal-Investment-Cases-and-a-Loan-Repayment-Fraud/SP%20110%20DKNS%20OJK%20XI%202016-ENGLISH.pdf. 
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