An Australian developer is set to spend his first night in Bali's notorious Kerobokan prison as he awaits trial over accusations he defrauded a couple in a "luxury" villa deal gone wrong.

Eric Gillet has spent the past two weeks in police custody in Denpasar after being arrested on February 1 – more than two years after the property agreement was allegedly struck. The former president of the South Perth Chamber of Commerce was transferred to the District Prosecutor Office where he…