This study aims to analyse the effect of pentagon fraud in detecting potential fraudulent financial statements at mining companies listed on the Indonesia Stock Exchange for the period 2016-2019. Pressure is proxied by financial stability, external pressure, and financial targets. Opportunity is proxied by the nature of industry and ineffective supervision. Rationalization is proxied by the change of auditors. Competence is proxied by a change of directors. Arrogance is proxied by the frequency of CEO photo picture in company annual report. In this study, the F-score model is used to determine fraudulent financial statements. The data used in this study are secondary data obtained from the annual financial reports of mining companies listed on the Indonesia Stock Exchange for the period 2016-2019. The sample selection technique in this study was purposive sampling for 17 mining companies with a study period of four years, 2016 to 2019. The data analysis tool used is panel data regression using the Eviews 9 program. The results of this study indicate that the external pressure variable has an effect on the detection of financial statement fraud, while the variables of financial stability, financial targets, industrial characteristics, ineffective supervision, rationalization, competence, and arrogance have no effect on the potential for fraudulent financial statements of mining companies listed on the Stock Exchange Indonesia for the 2016-2019 period.