Eyewitness BALI-INDONESIA
21 June 2026
Lawyers acting for LUX Property Group have advised approximately 30 investors who believed they were purchasing into the Marina Bay City development in Lombok to seek independent legal advice regarding potential legal action in Australia, including the possibility of a class action.
According to legal representatives, the affected investors allegedly made payments through what was promoted as an independent payment transfer arrangement rather than directly to the project developer.
LUX Property Group alleges that many investors were directed through a copycat company and website that continued operating under the Marina Bay City branding despite management and ownership changes that were publicly announced in late 2025.
The legal team claims that investor funds were paid into bank accounts controlled by a company associated with Hilton Wood. Investors were allegedly advised that the account was acting as an independent payment processing or transfer facility.
However, lawyers acting for LUX Property Group say evidence obtained during their investigations raises serious questions regarding where investor funds were ultimately transferred and whether those funds were ever remitted to the project developer as investors had expected.
According to the legal representatives, it now appears there may have been undisclosed conflicts of interest involving third parties who allegedly instructed that investor funds be transferred offshore to other entities rather than to the project development company responsible for construction and delivery of the project.
LUX Property Group maintains that only a portion of the funds raised from affected investors were ultimately received by the project entities, despite significantly larger sums allegedly being collected through third-party arrangements.
The company says it has been assisting authorities and affected investors in understanding the flow of funds and determining what legal remedies may be available.
Lawyers for LUX Property Group stated that affected investors should obtain independent legal advice regarding potential claims against the parties involved and consider whether a coordinated legal action or class action may be appropriate.
The legal team further stated that the circumstances appear consistent with what they describe as a sophisticated and complex alleged fraud involving multiple parties, offshore transfers, and representations that investor monies would be held or transferred independently.
LUX Property Group has reiterated that investors should conduct all future dealings only through officially authorised project representatives and official project websites and should verify payment instructions directly with project management before transferring funds.
The matters referred to in this article remain the subject of ongoing investigations and legal proceedings, and all allegations remain to be determined by the relevant courts and authorities.
Reporter : Daniel Herry
