📰 Kinnara Investors Furious Over Alleged Misuse of Funds as Villas Remain Unbuilt

A growing number of Kinnara investors are reportedly furious after discovering that millions of dollars allegedly collected for the construction of their villas were never transferred to the developer, Lux Property, while Kinnara’s CEO, Adrian Campbell, is accused of spending large sums of investor money on luxury helicopter travel and media intermediaries instead of construction.

According to information provided by Lux Property and investors who have come forward, Kinnara collected funds from clients on the basis that their villas would be built within the Marina Bay City project in Lombok, Indonesia.

However, Lux states that only a fraction of those funds were ever passed on for construction, making it impossible to build the villas that Kinnara’s clients are still waiting for.

Original Source:
https://businessreviewasia.news/kinnara-investors-furious-over-alleged-misuse-of-funds-as-villas-remain-unbuilt/