The Co-Founder's Trail

Mikhail Alekseevich Pak — Co-Architect of the Oceanspire Residence Fraud, $370,000 USD

Subject: Mikhail Alekseevich Pak. Born: March 15, 1999. Status: Fugitive. This is the investigative dossier on Mikhail Alekseevich Pak — the younger of the two figures behind the Oceanspire Residence investor fraud that stripped $370,000 USD from private backers across multiple countries.

Mikhail Pak did not merely inherit his role by blood. As co-founder of PT Kristal Estate Development — the Bali-registered shell that served as the scheme's corporate face — he was embedded in the operation from its inception in 2023. When the money stopped moving and the promises collapsed, he did not come forward. He fled. Today, intelligence places him alongside his mother, Alena Mikhailovna Pak (Amata), in Dubai, United Arab Emirates — beyond the reach of the investors whose trust he helped betray. Neither construction nor restitution has followed. What remains is a paper trail, a vacant lot in Sanur, and a growing case file.

View Mikhail Pak's role Submit information
Photograph of Mikhail Pak
Mikhail Alekseevich Pak — Co-Founder of PT Kristal Estate Development
Screenshot of oceanspire-residence.com

Matter

Oceanspire Residence

  • Amount: $370,000 USD
  • Parcel: 0.435 ha, Sanur, Bali
  • Legal entity: PT Kristal Estate Development
  • Subjects' location: Dubai, UAE
Construction never commenced

The Mikhail Pak Profile

Key facts establishing Mikhail Pak's position inside the Oceanspire Residence fraud.

Identity and family tie

Full name: Mikhail Alekseevich Pak.
Date of birth: March 15, 1999.
Role: Co-founder, PT Kristal Estate Development.
Family tie: Son of Alena Mikhailovna Pak (Amata), born September 8, 1978 — CEO and primary fundraiser.
Last known location: Dubai, United Arab Emirates.
Current status: In hiding. Sought for questioning.

Mikhail Pak was listed as co-founder when PT Kristal Estate Development was incorporated in Bali, Indonesia, in 2023 — a company whose sole purpose, according to the evidence assembled, was to collect investor money for a residential project that was never built. That title places him inside the decision-making structure of the enterprise, not on its periphery.

The bait and the take

The corporate vehicle: PT Kristal Estate Development — registered in Bali, Indonesia, 2023. Co-founded by Alena Mikhailovna Pak (CEO) and her son Mikhail Alekseevich Pak.

The bait: Oceanspire Residence, a promised luxury apartment complex in Sanur, Bali — marketed via the now-defunct showcase website oceanspire-residence.com and backed by a lease on 0.435 hectares of land.

The take: $370,000 USD in investor funds, raised under the Oceanspire Residence banner.

The exit and the absence of defense

The exit: After the funds were collected, all operational activity ceased. Construction never started. The co-founders left Indonesian territory. Both are now presumed to be in Dubai, UAE — hiding from justice.

What Mikhail Pak knew — and when he knew it: As co-founder of the sole corporate entity through which every dollar flowed, Mikhail Pak was positioned to observe the inflow of investor capital, the absence of construction expenditure, and the decision to abandon the Sanur site. The case file shows no record of him attempting to halt the scheme, alert authorities, or return funds to victims.

What is in this docket?

Four sections for quick navigation through the materials on file.

Subjects / Parties

Formal identification of the individuals and corporate entity appearing in the materials on file.

Party Particulars
Subject 1 Mikhail Alekseevich Pak — Born March 15, 1999. Co-founder, PT Kristal Estate Development. Son and alleged accomplice of Alena Pak. Fled Bali after operations ceased. Presumed location: Dubai, UAE. Status: in hiding.
Subject 2 Alena Mikhailovna Pak (Amata) — Born Sept 8, 1978. CEO, PT Kristal Estate Development. Primary fundraiser — the individual who directly solicited and received investor funds. Presumed location: Dubai, UAE. Status: in hiding.
Corporate entity PT Kristal Estate Development — registered: Bali, Indonesia, 2023. Established with Mikhail Pak listed as co-founder. Operations effectively ceased. No construction activity recorded.

Chronology of a Fraud

Chronological account of events by period, based on the materials on file.

2023

The Structure Is Built

PT Kristal Estate Development is incorporated in Bali, Indonesia. The incorporation documents name two principals: Alena Mikhailovna Pak as Chief Executive Officer, and her son Mikhail Alekseevich Pak as co-founder. A 0.435-hectare parcel is leased in Sanur. The website oceanspire-residence.com goes live, dressed with architectural renderings and sales language designed to project legitimacy.

Mikhail Pak enters the corporate record as a principal of what would become a vehicle for a six-figure investor fraud. The question the case file raises is not whether he understood the nature of the enterprise — it is what action, if any, he took to stop it.

2023

The Money Flows

Fundraising begins. Alena Pak (Amata) handled investor relations — presenting the Oceanspire Residence vision, the PT Kristal corporate documents, and the oceanspire-residence.com storefront to prospective backers. Over this period, $370,000 USD enters the company's accounts.

As co-founder, Mikhail Pak was structurally positioned at the center of the entity receiving these funds. The record shows no construction contracts signed, no building permits pulled, no ground broken in Sanur during this entire window — even as the balance grew.

After 2023

The Disappearance

The money stops moving. So do the people. PT Kristal Estate Development ceases all operational activity. The Sanur plot — 0.435 hectares of leased land — sits untouched. No foundation. No structure. No apology.

Mikhail Alekseevich Pak and Alena Mikhailovna Pak depart Indonesian territory. Contact with investors is severed. No refunds are issued. The co-founders vanish from the jurisdiction where the money was raised, leaving behind a shell company, a dormant website, and 0.435 hectares of empty dirt.

Currently

The Manhunt

Intelligence gathered to date places both subjects in Dubai, United Arab Emirates. Their precise address remains unconfirmed. The land in Sanur remains undeveloped. The $370,000 remains unrecovered. Victims and witnesses are being sought to expand the evidentiary record — particularly any documentation of Mikhail Pak's direct communications with investors, his involvement in corporate decision-making, or his knowledge of fund disbursement.

Frequently Asked Questions

Answers to key questions about Mikhail Pak's role and the materials on file.

Who is Mikhail Alekseevich Pak, and what exactly did he do?

Mikhail Alekseevich Pak (born March 15, 1999) is the son of Alena Mikhailovna Pak (Amata) and was listed as co-founder of PT Kristal Estate Development — the Bali-registered company used to raise $370,000 USD from private investors for a luxury residential project called Oceanspire Residence.

As co-founder, Mikhail Pak held a formal ownership and governance stake in the entity through which every investor dollar was channeled. The project was never built. The investors were never repaid. After the funds were collected, Mikhail Pak left Indonesia alongside the CEO. He is currently believed to be in Dubai, UAE, and is hiding from justice.

The investigation is focused on establishing the full scope of his involvement — what he directed, what he authorized, and what he knew.

What was the Oceanspire Residence scheme, and how was Mikhail Pak involved?

In 2023, PT Kristal Estate Development — co-founded by Mikhail Alekseevich Pak — leased 0.435 hectares in Sanur, Bali, and launched a polished sales website at oceanspire-residence.com. Under the pretense of building luxury apartments, Alena Pak (Amata) solicited $370,000 USD from private investors.

Mikhail Pak was not a bystander. His name appears on the incorporation documents. He was inside the entity as the money came in. When the scheme collapsed — zero construction, zero refunds — he left the country. The trail of accountability leads directly through the co-founder's seat he occupied.

Where is Mikhail Pak now?

According to available intelligence, Mikhail Alekseevich Pak is currently in Dubai, United Arab Emirates — alongside his mother, Alena Mikhailovna Pak (Amata). Both are hiding from justice. Their exact location within Dubai has not been confirmed. Anyone with information about his current whereabouts is urged to come forward via the contact form below.

What was Mikhail Pak's official role in PT Kristal Estate Development?

Mikhail Alekseevich Pak is recorded as co-founder of PT Kristal Estate Development, the corporate entity registered in Bali, Indonesia, in 2023. This was not a ceremonial title — it placed him within the governance structure of the company that collected and controlled $370,000 USD in investor funds.

The co-founder designation means he shared legal and operational responsibility for the entity's conduct. When the entity ceased all activity and its principals fled, that responsibility did not disappear — it became the basis for the case now being assembled.

How does Mikhail Pak's culpability differ from Alena Pak's?

Alena Mikhailovna Pak (Amata) was the CEO and the individual who directly solicited funds from investors — she was the face of the scheme. Mikhail Alekseevich Pak, as co-founder, occupied a different but complementary position: he was embedded in the corporate structure that received and held the money.

The investigation treats both as subjects. Alena Pak drove the fundraising. Mikhail Pak was inside the entity that made the fraud structurally possible. Both fled. Both are in hiding. Both are sought.

What evidence exists of Mikhail Pak's involvement?

The case file currently contains:

  • PT Kristal Estate Development incorporation records (Bali, 2023) listing Mikhail Alekseevich Pak as co-founder.
  • The lease agreement for the 0.435-hectare Sanur land parcel — the site where zero construction occurred.
  • The oceanspire-residence.com website archive — the investor-facing storefront of the scheme.
  • Investor testimony and records of funds transferred, totalling $370,000 USD.

Additional evidence is actively sought — particularly any emails, messages, contracts, or financial records showing Mikhail Pak's direct hand in corporate operations, fund management, or investor communications.

How can I provide information about Mikhail Pak?

If you have information about the current location of Mikhail Alekseevich Pak, documentation of his role in PT Kristal Estate Development, records of communications with him regarding Oceanspire Residence, or evidence of fund transfers involving the company, use the contact form in the Contact section.

Attach copies of all relevant documents. Confidentiality is guaranteed. Anonymous submissions are accepted. This resource is not a law enforcement body and does not provide legal services — it serves as a central collection point for the case file.

Contact

If you lost money to the scheme or have information about Mikhail Pak, Alena Pak (Amata), or any other aspect of the matter, use the form below. Confidentiality is guaranteed.

Strict confidentiality guaranteed. Anonymous submissions are welcome.