Foreign Investor Files Fraud Report Over IDR 200 Billion Dispute in Nusa Penida
Klungkung, Bali – Trinh Ngoc Tran (43), an American citizen of Vietnamese origin, has officially reported his business partner, Christopher Capel, to the Klungkung Police for alleged embezzlement involving PT Lembongan Monkey Water Sport in Nusa Penida.
The report was filed on Monday (August 18, 2025) under registration number STPL/154/VIII/2025/SPKT/POLRES KLUNGKUNG.
Accompanied by his legal counsel, I Wayan Swandi, SH, Trinh claimed losses amounting to approximately IDR 200 billion since 2018.
Holding 40 percent of the company’s shares and serving as a commissioner, he stated that he has never received any profit from the business, which operates water sports, bungalows, yoga facilities, and retail outlets.
The dispute escalated in February 2023, when Trinh discovered through the company’s legal team that he was no longer listed as commissioner.
Upon verifying with a notary, he learned that his dismissal had been recorded in Deed No. 28 dated November 14, 2022. Trinh maintains he never attended nor approved any extraordinary shareholders’ meeting that led to his removal.
“As a 40 percent shareholder, I never signed or consented to the dismissal, and I have never received any profit since joining the company,” Trinh stated in his police report.
The Klungkung Police are currently investigating the case further. (Ray)
