Search Result for “KAPA”
Dela Rosa hopes Kapa returns members' money
June 23, 2019, 6:32 pm
DAVAO CITY -- Senator-Elect Ronald Dela Rosa lamented the anguish of the people who invested hard-earned money to investment schemes as he wished companies, especially the Kapa Community Ministry, Inc. to return it to the people. Dela Rosa who was here on Friday to talk with the personnel of the… Read More
Village chiefs urged to be vigilant vs. investment scams
June 23, 2019, 1:56 pm
MANILA -- The Department of the Interior and Local Government (DILG) is set to issue a department order (DO) directing barangays officials to monitor and report investment schemes in their areas to prevent the public from being duped into investing their hard-earned money into an apparently… Read More
Security tightened in GenSan as Kapa members hold prayer rally
June 20, 2019, 4:15 pm
GENERAL SANTOS CITY -- Police have tightened security measures here in connection with the two-day synchronized prayer rally by members of controversial religious group Kapa Community Ministry International Inc. Hundreds of Kapa members from this city and nearby provinces of Sarangani and South… Read More
Kidapawan City to extend legal aid to Kapa ‘victims’
June 20, 2019, 3:15 pm
KIDAPAWAN CITY — The local government here will extend legal assistance to any Kidapaweño victimized by investment scams like the Kapa (Kabus Padatuon) community investment scheme. Mayor Joseph Evangelista, in a radio interview on Thursday, said his administration is more than willing to… Read More
Police targets firms 'secretly operating' investment schemes
June 20, 2019, 8:12 am
DAVAO CITY -- The Police Regional Office (PRO-11) here is monitoring companies secretly engaging in investment schemes. P/Brig. Gen. Marcelo Morales, PRO-11 Director, said the Regional Inter-agency Task Force (RITF) already laid down plans against these firms, which continued to operate secretly… Read More
NBI probes ownership, location of chopper used by Kapa founder
June 19, 2019, 5:31 pm
GENERAL SANTOS CITY -- The National Bureau of Investigation (NBI) here has launched an investigation into the ownership and possible location of the helicopter being used by Kapa Community Ministry International Inc. founder Pastor Joel Apolinario. Lawyer Regner Peneza, head of the NBI Sarangani… Read More
Kapa execs face raps over securities law violations
June 18, 2019, 4:10 pm
MANILA -- Government regulators are eyeing prison time of up to 21 years and a fine of up to PHP5 million for the leaders of the Kapa Community International Ministry Inc., led by Pastor Joel A. Apolinario. Aside from Apolinario, named as respondents in complaints filed by the Securities and… Read More
Search warrants issued vs. groups in investment scam
June 18, 2019, 10:49 am
MANILA -- Authorities have implemented 12 search warrants against various groups involved in investment scams, the Philippine National Police (PNP) said Tuesday. Brig. Gen. Ferdinand Divina, deputy director of the PNP Directorate for Intelligence (DI), said they have teamed up with the National… Read More
NBI braces for 'influx' of complaints vs. Kapa, Alamcco
June 17, 2019, 8:13 pm
GENERAL SANTOS CITY -- The National Bureau of Investigation (NBI) here is bracing for the possible influx of complaints in the coming days from victims of investment schemes operated by a controversial religious group and a cooperative based in Sarangani province.Lawyer Regner Peneza, head of the… Read More
How to evade investment scams
June 15, 2019, 10:24 am
MANILA -- Have you come across an investment offer with extremely attractive returns that they are too good to be true? Do not be tricked. While there is a chance it might be true, there's also a bigger possibility that it might be a scam. Think, examine and study the investment proposal, the… Read More
DOJ places Kapa execs under immigration watchlist
June 14, 2019, 7:40 pm
MANILA--Incorporators and officers of Kapa Community International Ministry International Inc. and three officers of Alabel Maasim Credit Cooperative (Alamcco) have been placed on the immigration watchlist, an official of the Department of Justice (DOJ) said Friday. In a statement, Justice… Read More
Why Kapa needs to be shut down: A financial adviser's perspective
June 14, 2019, 6:41 pm
MANILA -- Charlatans peddling spurious investment schemes are aplenty in the Philippines, and so are people who insist on taking part in them because of the almost unbelievable returns on investment they promise. However, there is a reason why authorities are trying to put a stop to Ponzi… Read More
PRRD reiterates stoppage order of Kapa operations
June 14, 2019, 3:30 pm
GENERAL SANTOS CITY -- Calling it a "massive fraud," President Rodrigo R. Duterte again ordered the stoppage of the "Ponzi-like" operations of the controversial religious group Kapa Community Ministry International, Inc.Duterte stood pat on his earlier directive to shut the operations of Kapa and… Read More
Duterte not worried about losing Kapa members' support
June 13, 2019, 6:44 pm
MANILA -- President Rodrigo Duterte is not worried about the risk of losing the support of members of the religious group Kapa Community Ministry International Inc. after he ordered its shutdown for alleged involvement in pyramiding schemes, Malacañang said on Thursday. Thousands of Kapa members… Read More
NBI urges public to heed PRRD warning vs. Kapa
June 13, 2019, 5:56 pm
MANILA -- The National Bureau of Investigation (NBI) cautioned the public to heed President Rodrigo Duterte's concern about the financial viability of the Kapa Community Ministry International Inc. “We should be thankful we have a very smart President. Pre-emptive move ito (This is a pre-emptive… Read More
Get permit first, Mayor Sara tells investment firms
June 13, 2019, 4:28 pm
DAVAO CITY -- Mayor Sara Duterte said she remains firm against investment solicitations unless the companies involved have government permits to do so.Mayor Sara clarified she has not prohibited Dabawenyos from shelling out their hard-earned money into financial schemes that promise high returns… Read More
Alert up in GenSan for PRRD visit, Kapa prayer rally
June 13, 2019, 4:26 pm
GENERAL SANTOS CITY -- The Police Regional Office (PRO)-12 placed all its units in the city and the neighboring areas under heightened alert in connection with the scheduled visit of President Rodrigo R. Duterte here Thursday, which coincided with the prayer rally of a controversial religious… Read More
PNP-12 warns illegal investment operators anew
June 13, 2019, 2:49 pm
GENERAL SANTOS CITY -- The Police Regional Office (PRO) 12 (Soccsksargen) on Thursday warned various entities and individuals operating illegal investment schemes to stop their activities or face the "full force of the law".The police issued the warning in the wake of the ongoing crackdown by the… Read More
Banner stories of Manila's leading newspapers, Thu. June 13, 2019
June 13, 2019, 7:34 am
INQUIRER -- Sino vessel abandons PH boat after collision PHILIPPINE STAR -- PHL fishing boat hit by China ship, sinks MANILA BULLETIN -- Duterte's wish: A truly independent PH DAILY TRIBUNE -- Expand BOL for peace MANILA TIMES -- Former PhilHealth execs tolerated scams - Garin MANILA… Read More
Muslims told: Kapa is haram for you
June 12, 2019, 8:42 am
DAVAO CITY – A General Santos City-based Islamic law expert reminded Muslims that it is haram or forbidden for them to join money-making investment schemes that are usurious in nature or based on faith contrary to their belief. Salih Musa, also a sharia lawyer, said among these investment… Read More
