CNA·3 min read·medium

Woman arrested in Singapore as part of probe into Fun Coffee investment scheme

C
CNA
Woman arrested in Singapore as part of probe into Fun Coffee investment scheme
AI Summary

Singaporean authorities have arrested a 49-year-old woman for her involvement in the 'Fun Coffee' investment scheme, which is suspected of being a pyramid fraud. The platform, allegedly based in Vietnam, promised high returns via cryptocurrency before shutting down and leaving investors unable to withdraw funds.

The 49-year-old woman was arrested on Thursday following investigations into the platform, which is purportedly based in Vietnam.

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