HONG KONG, MACAU POLICE ARREST 8 OVER HK$100M VIETNAM COFFEE INVESTMENT SCAM

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… The syndicate, operating under the name Fun Coffee, established a presence in Hong Kong last year.

News - South China Morning Post reports that 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…

The report adds: 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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