Singapore arrest targets Fun Coffee pyramid scheme

Singapore police have arrested a 49-year-old woman for her alleged role in promoting the Fun Coffee investment platform, as authorities investigate the entity for suspected pyramid-selling activity. Officials said participants were instructed to move Tether (USDT) cryptocurrency into digital wallets, with the platform promising high returns and recruitment-based commissions.

Authorities said the platform later became inaccessible to users, triggering enforcement attention. The woman is being investigated for potential breaches of the Multi-Level Marketing and Pyramid Selling (Prohibition) Act, officials said.

How Fun Coffee allegedly operated

Investigators believe Fun Coffee functioned as a pyramid-selling scheme that relied on ongoing recruitment and payments from new participants, according to officials. The mechanism described by authorities involved transfers of USDT into specified wallets, a structure that can make fund flows harder for victims to reverse once sent.

Officials said the platform marketed itself through a mobile application and sought funds while presenting the offering as a lifestyle and wellness-related investment opportunity. Reports indicated that the operation purported to be based in Vietnam.

Regional enforcement actions and reported complaints

The Singapore arrest follows enforcement actions in Hong Kong and Macau linked to the same platform, where eight individuals were detained, according to reports. Those developments add to indications that the alleged activity was not confined to a single jurisdiction and may have been promoted across borders.

Reports from those jurisdictions said the scheme led to significant financial losses, with more than 220 complaints filed. Authorities in Singapore have not disclosed how many local users may have been affected, and officials have not provided an estimate of total losses tied to the platform.

Legal exposure and public warning

Under Singapore’s Multi-Level Marketing and Pyramid Selling (Prohibition) Act, conviction carries a maximum penalty of five years imprisonment, a fine of up to S$200,000, or both, officials said. The suspect remains under investigation.

Law enforcement also issued a formal advisory urging the public not to make further payments to the Fun Coffee platform. Officials did not say when the platform became inaccessible, how funds were routed after transfer, or whether any recovery process is available for affected users.