Fears grow that Fun Coffee crypto scam duped over 1,000 as losses mount in Hong Kong

What it is about

Who published it, and when

How it spread - 3 original reports, 1 reprint

1. Wed, 5 August 2026

   1 report
   • South China Morning Post14:40first to reportedited after publishing
     Fears grow that Fun Coffee crypto scam duped over 1,000 as losses mount in Hong Kong

     previouslyHong Kong lawmaker fears Fun Coffee crypto scam duped over 1,000 as losses mount

     A Hong Kong lawmaker has warned that an unfolding crypto scam run by a coffee investment venture based in Vietnam could involve more than 1,000 victims, as an investor reported losses of HK$14 million (US$1.73 million) across her team. The warning came as police said that total reported losses tied to the syndicate operating as Fun Coffee have climbed to HK$104 million, with 225 complaints received since last month. Six people earlier arrested on suspicion of conspiracy to defraud – a man and...

2. Sat, 8 August 2026

   2 reports
   • straitstimes.com01:28edited after publishing
     Woman in Singapore arrested over Fun Coffee investment scheme

     previouslyWoman arrested in S'pore over Fun Coffee investment scheme

     A 49-year-old woman has been arrested in Singapore in connection with the alleged Fun Coffee ponzi scheme, which promised high returns via cryptocurrency. Read more at straitstimes.com. Read more at straitstimes.com.

     1 reprint

     • Channel News Asia8 Aug, 07:35their copy
   • asiaone.com03:53
     Woman arrested in connection to 'Fun Coffee' Ponzi scheme

     The police arrested a woman on Thursday (Aug 6) in connection to an ongoing investigation relating to an alleged Ponzi scheme linked to "Fun Coffee", a business purported to have originated from Vietnam.Preliminary investigations found that the 49-year-old woman had actively promoted the "Fun Coffee" investment scheme and recruited others to join it, the police said on Saturday.In order to...