Funds Disputed in Marina Bay City Project, Case Reported to Bali Police

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Savas Oflaz, accompanied by his legal counsel and an interpreter, delivered a statement to the media.

DENPASAR – Allegations of online property investment fraud have surfaced in Bali after an Australian investor, Savas Oflaz, reported losses of more than A$113,000 (approximately Rp1.32 billion) linked to the luxury real estate project Marina Bay City.

The case has been officially registered with Bali Police under report number  STPL/510/III/2026/SPKT/POLDA BALI and is currently under investigation.

Speaking to the media in Denpasar on Thursday (March 26, 2026), Oflaz, accompanied by his legal counsel Ida Bagus Putu Agung, said the case highlights not only alleged online fraud but also internal disputes among parties connected to the project, involving conflicting claims over investor funds.

The matter began in March 2025 when Oflaz encountered an online advertisement promoting Marina Bay City on social media. After clicking the link, he was directed to a WhatsApp group associated with the project, where he was contacted by Simon Gronow, who introduced himself as a sales representative for Kinnara Limited.

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According to Oflaz, Gronow described Kinnara as a multi-billion-dollar international property company led by Adrian Campbell, and claimed it was partnering in the development alongside Australian businessman Jamie McIntyre and Lux Projects.

Initially hesitant, Oflaz declined to invest. However, in August 2025, he was approached again with what was described as a “special beachfront villa” offered at a limited discount, prompting him to reconsider.

He was instructed to transfer a deposit to a National Australia Bank account under the name Marina Bay Lombok Pty Ltd. Shortly thereafter, he received a contract naming Christina Natalie, Director of PT Bali Real Estate Investments, as a party—an entity he said had not previously been mentioned.

Oflaz was then issued an invoice from PT Marina Bay Group requesting a final payment of A$112,746. After completing the payment, bringing his total investment to over A$113,000, he signed the contract digitally and received a formal receipt.

Within a single transaction chain, at least three separate entities were involved: Marina Bay Lombok Pty Ltd (bank account holder), PT Marina Bay Group (issuer of invoices and receipts), and PT Bali Real Estate Investments (contracting party). Oflaz said the relationships between these entities were never clearly explained.

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Concerns intensified in November 2025 when Kinnara publicly announced its exit from the Marina Bay City project, stating it had sold its shareholding to an entity controlled by Jamie McIntyre.

Rather than clarifying matters, the situation escalated into a public dispute. Adrian Campbell, through Kinnara, accused McIntyre of controlling and allegedly misusing investor funds. McIntyre, however, strongly denied the allegations, stating that Kinnara had never been formally involved in the project and that the official developers had not received the funds in question.

McIntyre also raised concerns regarding the validity of the digital signatures used in the contracts issued to investors.

Oflaz said his repeated requests for proof that his funds had been transferred to the legitimate project developers went unanswered. Instead, he was removed from the investor communication group. “Instead of transparency, what I encountered was finger-pointing without any evidence,” Oflaz said.

Believing he had been defrauded, Oflaz filed a formal complaint with the Cyber Crime Directorate of Bali Police, focusing on tracing the flow of funds, including transfers to overseas accounts.

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Tarnishing Bali’s Tourism Reputation

Responding to the case, Bali Police spokesperson Kombes Pol. Ariasandy, S.I.K. said authorities are still reviewing the report. “If the case meets the elements of a criminal offense, it will be processed in accordance with the law. Any allegation of fraud, whether online or investment-related, will be thoroughly investigated,” he said.

He also urged the public to exercise caution when dealing with investment offers circulated through digital platforms. “We advise the public to be vigilant, especially with investment schemes promising high returns without clear legal standing,” he added.

The case raises concerns about Bali’s reputation as a global tourism and investment destination. With foreign investors involved and cross-border financial transactions under scrutiny, it underscores the importance of transparency, regulatory oversight, and investor protection in Indonesia’s property sector.

Authorities are expected to continue investigating the case to determine the flow of funds and identify any parties responsible. **

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