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.

🚨 ACTIVE FRAUD ALERT 🚨

This individual is currently seeking new investors for restaurant ventures.
DO NOT INVEST – YOU WILL LOSE YOUR MONEY

10,000+ victims • $4.5M+ stolen • Zero legitimate businesses • Active police investigations

$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.

⚠️ INVESTOR WARNING – DO NOT INVEST

  • Current Threat Level: EXTREME Sibirins fled Indonesia in July 2025 to avoid prosecution but continues actively seeking new victims in Russia. He is using the same fraudulent tactics that have stolen millions from previous investors.
  • Verified Fraud Total: $4.5+ Million USD This represents only documented losses. Actual victim losses likely significantly higher as many victims don’t report or are still discovering they’ve been defrauded.
  • Zero Successful Ventures Despite operating 15+ businesses over 10 years, not a single venture has delivered promised returns to investors. 100% failure/fraud rate.
  • Pattern of Criminal Behavior Shows no remorse, continues defrauding new victims while previous victims pursue legal action. Uses new investor money to fund lifestyle instead of paying existing obligations.

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.

Criminal Investigations & Legal Actions

Law enforcement agencies in multiple countries are actively investigating Sibirins for fraud, embezzlement, and money laundering. Corporate records from UK Companies House and other registries document his involvement in fraudulent enterprises.

Active Legal Matters

  • Indonesia – PN Denpasar District Court Civil proceedings initiated by investors (2023-ongoing)
    Case involves restaurant investment disputes
  • Estonia – Financial Supervision Authority Investigation into Kuetzal OÜ operations
    Platform operated without required licenses
  • United Kingdom – Companies House Records Documented directorship of Sebastian Max Limited (dissolved)
    Member of Anchor Labs LLP involved in crowdfunding fraud
  • Multiple Jurisdictions Various investor groups organizing collective legal actions
    Estimated 10,000+ affected parties globally

Investor Advisory

Multiple unresolved investor disputes totaling over $4.5 million USD are currently pending. Potential investors should seek independent legal advice before engaging in any business transactions.

Report Investment Concerns

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