BUSINESS● LOWAug 4 · Aug 4, 2026, 11:40 AM
Hong Kong, Macau police arrest 8 over HK$100m Vietnam coffee investment scam
South China Morning Post
Hong Kong and Macau police have arrested eight people in a crackdown on an investment scam syndicate that cheated more than 200 people out of nearly HK$100 million (US$12.75 million) by promoting itself as a pioneer of “kinetic coffee philosophy”. The syndicate, operating under the name Fun Coffee, established a presence in Hong Kong last year. Fun Coffee says on its website that it is a coffee investment enterprise based in Phu Quoc, Vietnam, with assets of more than US$1 billion and a team of...
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