Singapore Police Advisory: Scammers Target "Fun Coffee" Investors with Fake Fund Recovery Services

Singapore police warn of secondary scams preying on victims of the "Fun Coffee" platform, as fraudsters pose as representatives offering to recover lost funds.

The Singapore Police Force has issued an advisory warning the public about a wave of fund recovery service scams targeting investors who previously lost money on the "Fun Coffee" platform. Scammers are now exploiting these victims by posing as platform representatives or third-party service providers, offering to help recover their investments in exchange for upfront payments. Investors are strongly urged to exercise caution with any individual or online service claiming to be able to recover funds lost to scams or investments.

Police Issue Warning on Secondary Scams

The advisory, released on August 27, 2026, highlights a growing trend of fraudsters targeting individuals already victimized by the "Fun Coffee" investment scheme. Scammers contact victims via online messages, falsely claiming affiliation with "Fun Coffee" or presenting themselves as third-party recovery specialists. The Singapore Police Force emphasizes that no legitimate fund recovery service will request upfront payments to facilitate the return of lost assets.

How the Scam Operates

Victims are instructed to make bank transfers under the guise of required deposits, tax payments, or administrative fees to process the recovery. Scammers describe these payments as necessary steps to unlock or retrieve the frozen funds. Only after making these payments do victims realize they have been scammed again, as they never recover their funds as agreed.

The Singapore Police Force reminds the public that fighting scams is a community effort and urges everyone to remain vigilant against fraudulent fund recovery services.