Maksims Sibirins – FRAUD WARNING – $4.5M Investment Scam | DO NOT INVEST

Maksims Sibirins

Serial Investment Fraud Operator

⚠️ Fled to: Moscow, Russia 🚨 15+ Failed Ventures ⛔ Banned in Multiple Countries

Fraud Profile Overview

Maksims Sibirins is a Latvian national who has defrauded investors of over $4.5 million through fake business ventures. Operating under aliases including Max Sibirin, Sebastian Max, and Maksims Reutovs, he has left a trail of victims across Estonia, United Kingdom, Indonesia, and Russia. He is currently actively seeking new victims while hiding in Russia.

$4.5M+

Stolen from Investors

10,000+

Victims Defrauded

10 Years

Of Criminal Activity

Documented Fraud Schemes

2025 – Present
New Restaurant Scam – Moscow, Russia
After fleeing Indonesia to avoid prosecution, currently attempting to defraud new investors in Moscow for fake restaurant ventures. Using same fraudulent tactics as previous schemes.
ACTIVE FRAUD – AVOID
2021 – 2025
Home Cafe Investment Fraud – Bali, Indonesia [1]
Defrauded multiple investors through fake equity promises in restaurant chain. Never paid promised dividends despite restaurants generating $50,000+ monthly. Diverted all profits to personal accounts while showing fake losses to investors.
Police Investigation Active
2023 – 2025
[Restaurant Name Withheld] – Bali, Indonesia
[Details withheld due to ongoing legal proceedings]. Operating restaurant without corporate bank account for over one year. All revenues allegedly diverted through other entities. Investors received shares in shell company PT. [Name Withheld].
Under Active Investigation
2019 – 2020
Kuetzal P2P Lending Scam – Estonia
Stole €3+ million from 550+ victims through fake P2P lending platform. Created fictitious loan projects including €850,000 to non-existent companies. Platform collapsed when fraud exposed. Currently under criminal investigation by Estonian police.
€3 Million Stolen
2017
ANCHOR CABLE Crowdfunding Fraud [2] [3]
Stole £500,000+ from 4,591 Kickstarter and Indiegogo backers. Promised “world’s first unbreakable cable” but delivered nothing. Used professional marketing to deceive victims then disappeared with funds.
£500,000 Stolen
2016
VOLT Lighter Scam [4] [5]
Defrauded Indiegogo backers of £40,179. Claimed “10 years of biochemistry knowledge” to promote fake product. Never delivered any products, kept all money. Investigation revealed product was just a reskinned Alibaba item.
£40,179 Stolen
2015
GARY Earphones Fraud [6]
First documented fraud scheme. Stole £37,824 from Kickstarter backers before platform forced cancellation due to non-delivery and fraud complaints.
Cancelled for Fraud

*Some business names withheld due to ongoing legal proceedings. This does not diminish the seriousness of the allegations or the need for investor caution.

Victim Impact & Fraud Statistics

Over a 10-year period, Sibirins has systematically defrauded more than 10,000 victims across multiple countries. His modus operandi involves creating legitimate-appearing businesses, attracting investors with false promises, then stealing the funds while maintaining the facade of operational ventures. Detailed investigations have documented his pattern of serial fraud.

Media Coverage & Public Record

  • [JPNN Article]

    Investment Dispute in Bali Restaurant Sector

    JPNN Indonesia – July 17, 2024

    “Ukrainian businessman files complaint regarding restaurant investment in Bali, claiming losses in the billions of rupiah…”

    Read Full Article
  • [Persono Magazine]

    The Two Faces of Maksim Sibirins: Charity Organizer and Alleged Fraudster

    Persono.ru – 2021

    “Behind the ‘Feed Bali’ charity project lies allegations of systematic investment fraud…”

    Read Interview
  • [Medium Investigation]

    Crowdfunding Scams of the Eco-friendly Kind

    Medium – Bayandur Poghosyan

    “Deep dive investigation into serial crowdfunding fraudster Maksim Sibirin and his eco-friendly product scams…”

    Read Investigation
  • [Estonian News]

    Estonian Authorities Investigate P2P Platform

    Estonian Financial News – 2020

    “Kuetzal platform under investigation following investor complaints. Over 550 investors affected…”

Victim Forums & Discussions

Thousands of victims have come forward across multiple platforms to share their experiences and warn others. These forums contain detailed evidence, victim testimonies, and ongoing investigations into Sibirins’ fraudulent activities.

Reddit Investigation: Crowdfunding Scams Exposed

Reddit – r/shittykickstarters

Comprehensive investigation documenting Sibirins’ serial crowdfunding frauds, including GARY, VOLT, and ANCHOR scams with evidence of fake products and stolen funds.

View Investigation

JET Cable Victims: Money Recovery Efforts

Reddit – r/shittykickstarters

Backers discussing attempts to recover funds from JET Cable scam, sharing legal strategies and documenting Sibirins’ pattern of fraud.

Join Discussion

VOLT Lighter Exposed as Alibaba Reskin

Reddit – r/shittykickstarters

Investigation proving VOLT Lighter was just a $2 Alibaba product marketed as innovative eco-friendly technology. Complete breakdown of the deception.

Read Evidence

Bali Forum: Restaurant Investment Fraud Alert

BaliForum.ru – Facebook Group

Ukrainian investor Iurie Lune’s public warning about Home Cafe investment fraud, detailing how Sibirins stole millions while operating profitable restaurants.

Read Warning

Sibirins’ Response: “Fear and Greed” Defense

BaliForum.ru – Facebook Group

Sibirins’ attempted defense against fraud accusations, where he inadvertently admits to many of the allegations while trying to deflect blame.

Read Response

Victim Rebuttal: “Fear and Lies” Evidence

BaliForum.ru – Facebook Group

Detailed rebuttal with evidence exposing Sibirins’ lies, including proof of diverted funds, fake accounting, and systematic fraud across multiple ventures.

View Evidence

Join the Victim Community

If you’ve been defrauded by Maksims Sibirins, you’re not alone. Thousands of victims are coordinating across these forums to share evidence, pursue legal action, and prevent new victims. Your testimony matters.

Victim Support & Reporting

If you have been defrauded by Maksims Sibirins or are being approached for investment:

Join 10,000+ Victims Seeking Justice

You are not alone. Thousands of victims across multiple countries are coordinating legal action against Sibirins. Every report strengthens the case and helps prevent new victims.

Report Fraud: antifraud@sibirins.com

All reports are confidential and will be shared with law enforcement and legal teams in relevant jurisdictions.

⚠️ WARNING: Subject fled Indonesia to avoid prosecution
Current Hiding Location: Moscow, Russia (as of August 2025)
Previous Crime Locations: Bali, Indonesia | Tallinn, Estonia | London, UK