We recover your investment — through pre-trial settlement or through the Indonesian Commercial Court. We block developer asset outflows and defend the rights of foreign investors.
How it worksEach step strengthens your legal position and raises your chances of recovery without court — on your terms.
Analysis of your situation and case assessment.
We build the evidence base and prepare procedural documents.
We negotiate with the developer from the position of a filed-ready claim.
We block asset outflow — the developer can't avoid accountability.
A filed-ready claim and frozen assets are the strongest leverage for recovering funds faster and cheaper than through court.
PKPU or bankruptcy under UU 37/2004 — the fallback if the developer refuses to negotiate.
Filing creditor bankruptcy petition against developers in Indonesian Commercial Court (UU No. 37/2004)
Filing for suspension of debt payment obligations for restructuring purposes
Full legal representation in the Commercial Court and Supreme Court of Indonesia
Collection, translation, and legalization of documents for Indonesian court proceedings
Case assessment, defense strategy, risk analysis
Tracking developer assets and overseeing the distribution process
Creditor files a petition with the Commercial Court (Pengadilan Niaga). Requirements: at least 2 creditors and 1 overdue debt.
The court must render a decision within 60 days. A curator (Kurator) and supervisory judge (Hakim Pengawas) are appointed.
Debtor assets are frozen. The curator conducts asset inventory and creditor claims verification.
Creditors vote on a composition plan (perdamaian). If rejected — proceedings move to liquidation.
Developer assets are sold. Proceeds distributed: secured creditors first, then preferred, then unsecured.
Filing a PKPU or bankruptcy petition immediately blocks any developer actions with assets. This prevents fund withdrawal and protects your investment during proceedings.
Largest PARQ project. Completion deadline Q3 2025 — status unclear after the director's arrest. Investors are advised to verify current construction status and permit documentation.
Q3 2025 deadline overdue. Family campus of 8,000 sqm. 30+30 year lease. Project status unclear after PARQ Ubud closure and Frey's arrest.
Q1 2025 deadline overdue. Marketed as a 'fortress city' with helipad. After Frey's arrest, project status is in question.
Villas with private saltwater pools, 1MW solar station. Construction status unclear after PARQ's legal issues.
Unfulfilled ROI promises of 15-16%. AV Complex 6 abandoned, company reported closed. Investors complain about non-delivery of promised returns.
Over 50 police reports filed in Bali by investors from Russia, Ukraine, France, UAE, USA. Losses ~$5M. Payments accepted in cryptocurrency. Construction never started. Moscow Region Arbitration Court initiated bankruptcy proceedings in February 2026.
One of the directors created a crypto wallet using forged company documents and diverted $3.85M (Rp 57.75B) from 128 investors into Bitcoin. Funds never reached the company account. The suspect fled to Belarus, INTERPOL warrant issued.
Former director reported empty bank accounts while construction was ongoing. False claims of ownership of Marina Bay City Lombok. Nesara Bay City — no land, no permits. Criminal case Polda Bali, civil suit PN Denpasar.
Built illegally near Pura Masceti temple. Sealed by Satpol PP on June 23, 2025. Despite being sealed, continued to be rented on Airbnb at Rp 2.5M/night. Owner under criminal investigation.
Built exceeding the 15m height limit (up to 26m). Rock destruction and land reclamation without permits. 64 rooms instead of permitted 48. Bali DPRD recommended demolition and permit revocation.
Sold shares in non-existent villas. 4+ victims from Australia, USA, Canada. Arrested in Australia on July 29, 2024, convicted on 5 counts of fraud. Losses: $126,000+.
In July 2025 authorities demolished 48 structures built on Green Zone land without permits (PBG). 50% had no documentation at all. Foreign investors using nominee arrangements lost all investments. 100+ properties across Bali under investigation.
Scheme selling non-existent villas. Australian investors lost over $120,000. Separate scheme promised $1,300/month returns for $66,000 investment. BVRMA recorded 101 villa fraud victims in 2025, AREBI logged 180+ complaints in 2024.
Collected EUR 1.2M from 30+ European investors for two Bali projects. Construction never started. Declared bankrupt by Gelderland court in 2017. Linked to Centurion fund charged with large-scale investment fraud.
Jakarta buyer paid Rp 24.7B (~$1.5M) for a plot with overlapping ownership claims. Multiple parties claim rights to the same land. Forged/duplicate certificates. Police report filed with Polda Bali in March 2025.
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NewsLatestAccording to the Jakarta Post, over 100 investment projects in Bali are set to be demolished this year as part of authorities' crackdown on zoning violations and missing building permits.
Learn moreThe Moscow Region Arbitration Court initiated bankruptcy proceedings against blogger Sergey Domogatsky (Mr. Terimakasih) following complaints from 50+ investors with total losses of ~$5M.
Learn moreBali authorities demolished 48 structures at Bingin Beach built on Green Zone land without permits. 50% had no documentation at all. 100+ properties across Bali under investigation.
Learn moreAnalysis of advantages and risks of filing PKPU vs direct bankruptcy. When restructuring is more effective than liquidation and how to maximize investment recovery.
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