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Scams take toll as international policing seen as key

Police said on Friday they had received more than 270 reports of losses suffered in the Fun Coffee investment scam so far, with the total amounting to more than HK$113 million. Individual losses for the victims, aged 32 to 83, were between HK$3,000 and HK$9.63 million. Investors have been unable to get back money they deposited since the alleged Ponzi scheme’s app went offline in mid-July. Senior…

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