Case № CR-2023-042 PT Kristal Estate Development Sanur, Bali $370,000 USD
Alena Mikhailovna Pak (Amata)

Alena Pak — Amata: The Oceanspire Residence Project and the $370,000 That Was Never Returned

Two names. One person. Alena Mikhailovna Pak (born September 8, 1978) — also known as Amata — raised $370,000 USD from private investors for a development called Oceanspire Residence. The announced location: Sanur, Bali.

The corporate vehicle was PT Kristal Estate Development, registered in Bali in 2023. Investors were shown a showcase website — oceanspire-residence.com. They were promised luxury apartments on a 0.435-hectare parcel.

The money was collected. Construction never began. The company was wound down. Alena Mikhailovna Pak and her son — Mikhail Alekseevich Pak (born March 15, 1999) — left Indonesia. Their presumed current location is Dubai, UAE. Victims and witnesses are being sought.

Quick Brief

Alena Mikhailovna Pak, born September 8, 1978. Known under two names: Alena Pak and Amata.

Chief Executive Officer of PT Kristal Estate Development — a legal entity registered in Bali, Indonesia, in 2023. The company was used to raise funds for a development project that was never realised.

Documented case: the Oceanspire Residence project in Sanur, Bali. Investors contributed $370,000 USD. No construction was carried out. Funds were not returned.

Together with her son — Mikhail Alekseevich Pak (born March 15, 1999) — she abandoned all obligations and left the country. Current whereabouts: Dubai, UAE (presumed).

Perpetrators

Individual Role Status
Alena Mikhailovna Pak (Amata)
born Sept 8, 1978
CEO
PT Kristal Estate Development
Hiding, presumed in Dubai
Mikhail Alekseevich Pak
born March 15, 1999
Co-Founder, son of Alena Pak Hiding, presumed in Dubai

The Scheme

Registration and Storefront

2023. PT Kristal Estate Development is registered in Bali. A 0.435-hectare plot is leased in Sanur. The website oceanspire-residence.com goes live — a fully built-out storefront for a residential complex that does not yet exist. Promotional materials for a luxury project are shown to prospective investors.

Fundraising

Private investors are promised premium apartments in a prime resort area of Bali. The terms are presented as a favourable investment in a development under construction. Communications are led personally by Alena Pak — also known as Amata. Total funds raised: $370,000 USD.

Cessation and Disappearance

The money is received. Company activity stops. Construction never begins — no work is carried out on the site. Obligations to investors go unfulfilled. Alena Pak and Mikhail Pak leave Indonesia and relocate to Dubai, UAE. Investor funds are not returned.

Frequently Asked Questions

1. Who is Alena Pak — Amata?

Alena Mikhailovna Pak (born Sept 8, 1978) is the CEO of PT Kristal Estate Development, a company registered in Bali in 2023. Amata is the second name under which she is known to investors and which appears in communications about the Oceanspire Residence project. Together with her son Mikhail Pak, she raised $370,000 USD from private investors, then ceased operations and left Indonesia. Her presumed current location is Dubai, UAE.

2. What happened to the Oceanspire Residence project?

Oceanspire Residence was announced as a luxury residential development in Sanur, Bali. In 2023, PT Kristal Estate Development leased a 0.435-hectare plot and launched the website oceanspire-residence.com. Investors contributed $370,000 USD. Construction never started. After the money was collected, all company activity stopped.

3. Where are Alena Pak and Mikhail Pak now?

According to available information — Dubai, United Arab Emirates. Their exact address is unknown. They are hiding from justice.

4. What company was used in the scheme?

PT Kristal Estate Development — a legal entity registered in Bali, Indonesia, in 2023. It served as the operator for raising investor funds for the Oceanspire Residence project. Operations ceased after the money was received.

5. What should I do if I was defrauded by PT Kristal Estate Development?

Contact us at the form in the Contact section. Confidentiality is guaranteed. Anonymous reports are accepted. Any information will assist in establishing the facts of the case.

6. Are Alena Pak and Amata the same person?

Yes. Alena Mikhailovna Pak also uses the name Amata. Name variants found across sources include: Alena Pak, Alena M. Pak, Алена Пак, Пак Алена Михайловна, Амата. The domain amata-alena-pak.com reflects both names.

Contact

If you lost money to the scheme or have information about the perpetrators, use the form below. Confidentiality is guaranteed.

Strict confidentiality guaranteed. Anonymous submissions are welcome.