Police in Singapore warn that scammers are targeting victims of the “Fun Coffee” investment scam with fake fund-recovery services. The fraudsters contact victims and claim they can help recover money supposedly lost in the original scam, prompting victims to act quickly.
Authorities say the scammers ask victims to make bank transfers, presenting the payments as fees or steps needed to facilitate the recovery. The concern is that these payments are part of a new fraud scheme rather than a genuine service. Police are urging people to be cautious of any third-party offers to retrieve funds from scams and to verify claims through official channels.
The reports align on the core warning: Fun Coffee victims receive outreach from alleged “recovery” agents, and those agents request additional transfers under the pretext of recovering earlier losses. Both outlets emphasize that this is an extension of criminal activity, not legitimate assistance.
