Bali Police Arrest US Wanted in Investment Fraud

U.S. national Marcus Beam, center, wearing protective equipment as precaution against the coronavirus, is flanked by police as he is presented to the media during a press conference at the Regional Police Headquarters in Denpasar, Bali, Indonesia, Friday, July 24, 2020.AP
U.S. national Marcus Beam, center, wearing protective equipment as precaution against the coronavirus, is flanked by police as he is presented to the media during a press conference at the Regional Police Headquarters in Denpasar, Bali, Indonesia, Friday, July 24, 2020.AP
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Bali Police Arrest US Wanted in Investment Fraud

U.S. national Marcus Beam, center, wearing protective equipment as precaution against the coronavirus, is flanked by police as he is presented to the media during a press conference at the Regional Police Headquarters in Denpasar, Bali, Indonesia, Friday, July 24, 2020.AP
U.S. national Marcus Beam, center, wearing protective equipment as precaution against the coronavirus, is flanked by police as he is presented to the media during a press conference at the Regional Police Headquarters in Denpasar, Bali, Indonesia, Friday, July 24, 2020.AP

Authorities on the Indonesian resort island of Bali have arrested a US fugitive accused of investment fraud in the US involving hundreds of thousands of dollars, police said Friday.

Bali police chief Petrus Reinhard Golose said the suspect, Marcus Beam, apparently escaped from the US by using a passport with a different name and entered Bali in January.

Beam was arrested with his girlfriend, who is also a US citizen, in a villa in Badung late Thursday based on a notice from Interpol, Golose said.

The US Securities and Exchange Commission said on its website that Beam, of Woodridge, Illinois, is accused of misappropriating about $500,000 from investors that was supposed to be placed in investment funds.

Instead of investing the money, Beam spent it on personal and business expenses, it said, The Associated Press reported.

To conceal the misappropriation, he sent fraudulent account statements to investors, and did not return any money when they attempted to redeem their investments, the SEC said.

It said it filed a complaint in the US District Court in Chicago last September.

Beam was paraded in handcuffs and a face mask at a police news conference on Friday in Denpasar, the Bali provincial capital.

Golose said there is no extradition agreement between Indonesia and the US, but the two nations have police-to-police cooperation arrangements that would enable Beam to be deported to his homeland.



Rwanda-backed M23 Rebels Occupy 2nd Major City in Congo's East

A general view of pedestrians walking in a street in Bukavu on December 17, 2025. (Photo by Amani Alimasi / AFP)
A general view of pedestrians walking in a street in Bukavu on December 17, 2025. (Photo by Amani Alimasi / AFP)
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Rwanda-backed M23 Rebels Occupy 2nd Major City in Congo's East

A general view of pedestrians walking in a street in Bukavu on December 17, 2025. (Photo by Amani Alimasi / AFP)
A general view of pedestrians walking in a street in Bukavu on December 17, 2025. (Photo by Amani Alimasi / AFP)

Rwanda-backed rebels have occupied a second major city in mineral-rich eastern Congo, the government said Sunday, as M23 rebels confirmed they were in the city to restore order after it was abandoned by Congolese forces.
The Congo River Alliance, a coalition of rebel groups that includes the M23, said in a statement that its fighters “decided to assist the population of Bukavu” in addressing its security challenges under the “old regime” in the city of 1.3 million people, The Associated Press reported.
"Our forces have been working to restore the security for the people and their property, much to the satisfaction of the entire population,” alliance spokesperson Lawrence Kanyuka said in a statement.
The rebels saw little resistance from government forces against the unprecedented expansion of their reach after years of fighting. Congo's government vowed to restore order in Bukavu but there was no sign of soldiers. Many were seen fleeing on Saturday alongside thousands of civilians.
The M23 are the most prominent of more than 100 armed groups vying for control of eastern Congo’s trillions of dollars in mineral wealth that's critical for much of the world's technology. The rebels are supported by about 4,000 troops from neighboring Rwanda, according to the United Nations experts.
The fighting has displaced more than 6 million people in the region, creating the world's largest humanitarian crisis.
Bernard Maheshe Byamungu, one of the M23 leaders who has been sanctioned by the UN Security Council for rights abuses, stood in front of the South Kivu governor’s office in Bukavu and told residents they have been living in a “jungle."
“We are going to clean up the disorder left over from the old regime,” Byamungu said, as some in the small crowd of young men cheered the rebels on to “go all the way to Kinshasa," Congo's capital, nearly 1,000 miles away.
Congo's communications ministry in a statement on social media acknowledged for the first time that Bukavu had been “occupied” and said the national government was “doing everything possible to restore order and territorial integrity” in the region.
One Bukavu resident, Blaise Byamungu, said the rebels marched into the city that had been “abandoned by all the authorities and without any loyalist force."
“Is the government waiting for them to take over other towns to take action? It’s cowardice,” Byamungu added.
Unlike in 2012, when the M23 briefly seized Goma and withdrew after international pressure, analysts have said the rebels this time are eyeing political power.
The fighting in Congo has connections with a decadeslong ethnic conflict. The M23 says it is defending ethnic Tutsis in Congo. Rwanda has claimed the Tutsis are being persecuted by Hutus and former militias responsible for the 1994 genocide of 800,000 Tutsis and others in Rwanda. Many Hutus fled to Congo after the genocide and founded the Democratic Forces for the Liberation of Rwanda militia group.
Rwanda says the militia group is “fully integrated” into the Congolese military, which denies it.
But the new face of the M23 in the region — Corneille Nangaa — is not Tutsi, giving the group “a new, more diverse, Congolese face, as M23 has always been seen as a Rwanda-backed armed group defending Tutsi minorities,” according to Christian Moleka, a political scientist at the Congolese think tank Dypol.
Congo’s President Felix Tshisekedi, whose government on Saturday asserted that Bukavu remained under its control, has warned of the risk of a regional expansion of the conflict.
Congo's forces were being supported in Goma by troops from South Africa and in Bukavu by troops from Burundi. But Burundi's president, Evariste Ndayishimiye, appeared to suggest on social media his country would not retaliate in the fighting.
The conflict was high on the African Union summit's agenda in Ethiopia over the weekend, with UN Secretary-General António Guterres warning it risked spiraling into a regional conflagration.
Still, African leaders and the international community have been reluctant to take decisive action against M23 or Rwanda, which has one of Africa's most powerful militaries. Most continue to call for a ceasefire and a dialogue between Congo and the rebels.