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Hong Kong police updates Fun Coffee scam numbers as more victims report losses
['Hannah Collymore', 'John Palmer', 'Glory Kaburu', 'Aamir Sheikh']
Cryptopolitan
Eight people have been arrested across Hong Kong and Macao, and a lawmaker fears the victim count could pass 1,000.
Hong Kong police raised reported losses from the Fun Coffee crypto investment scheme to about HK$104 million on Wednesday.
The police in Hong Kong have conceded that losses from the collapse of the Fun Coffee crypto scheme may have been higher than initially feared.
More Fun Coffee scam victims have come forwardAs of August 4, Hong Kong police counted losses near HK$94 million across 225 complaints.
By late Wednesday local time, 30 new reports had pushed losses to 255, and the Hong Kong dollar figure had jumped to HK$104 million.