Kantor Kita Boss Reported over $1m Land Fraud
DENPASAR ~ The owner of the well-known company-services firm Kantor Kita has been reported to police over allegations she embezzled more than US$1 million of a client’s money, police said.
Esti Yuliani, known as Julie Edmond due to her marriage to a British man, was reported by South African Johan Grundlingh, who claims she stole Rp16.1 billion (US$1.5 million) from him.
In his complaint, Grundlingh said he transferred the money to Kantor Kita for the purchase of land but that after a month, a land-ownership certificate had not been issued by the firm.
The complaint states that after seeing an advertisement in a local advertising publication, he had met Yuliani at her office on Jl. Bypass Ngurah Rai, Sanur, and that she had told him she was a lawyer.
No record exists of Yuliani having taken Indonesian bar examinations and she is not listed as a practicing lawyer.
A Bali Police spokesman said the case was being investigated.
Kantor Kita, which was established in 2001 as a serviced office for visiting business people, expanded to include a property division, employment agency and consultancy in 2002. Julie Edmond is its managing director. Its client base is chiefly within Bali’s expatriate community.
It recently announced it had gone into partnership with a foreign investment and financial advice firm, the SFM Group. Its offices at Sanur began operations under that banner on April 1.
SFM, headquartered in Luxembourg and with offices in Europe and Singapore, describes itself as a “pioneer of excellence in bespoke financial investment solutions.”
Kantor Kita’s website, www.kantorkita.com, has been out of operation for an extended period. The site has a notice saying it is “undergoing reconstruction.”
SFM does not have an operational local website. An SFM company, SFM Group Training Services, operates in Indonesia.Filed under: Headlines