People who already lost money to the Fun Coffee investment scheme are now being targeted a second time.
On 27 August 2026, the Singapore Police Force warned that scammers are contacting Fun Coffee victims and offering to recover the funds.
The scammers claim to represent Fun Coffee or a third-party recovery service. They then ask, over online messages, for bank transfers described as deposits, tax payments or fees needed to unlock the money.
Police said victims only realised they had been scammed again when the promised recovery never arrived.
The First Hit
Earlier this month, police said the Fun Coffee platform resembles a pyramid-selling scheme. Users were told to download an app and transfer Tether (USDT) into wallet addresses given inside the app.
The plans promised high returns and commissions for recruiting others. Participants in Singapore later found they could not withdraw their money.
A 49-year-old woman was arrested on 6 August for allegedly promoting the scheme. Shin Min reported that one victim said she had put in about S$400,000.
Fun Coffee, which is said to be based in Phu Quoc, Vietnam, ran a cafe with a coffee-making robot at 202 Jalan Besar. Its website called itself a lifestyle brand mixing coffee, wellness and digital innovation. The South China Morning Post previously reported that victims were believed to have lost close to HK$100 million.
Do Not Pay To Get Paid Back
Police said the public should be wary of anyone, any website or any online service that offers to recover money lost to a scam or a failed investment.
They also advised people to install ScamShield, turn on two-factor authentication on Apple ID and cryptocurrency accounts, and set transaction limits where they can.
Anyone who is offered a recovery service, or who thinks they have been scammed, should report it to the police and tell their bank if an account or payment details may have been compromised.
If someone messages you after a collapse and says a fee will bring the money home, that is not a refund. That is the next loss.
