Logo

12 日 マニラ

32°C25°C
両替レート
¥10,000=P3,830
$100=P5,640

12 日 マニラ

32°C25°C
両替レート
¥10,000=P3,830
$100=P5,640

Duterte orders PNP-CIDG, NBI to shut down KAPA- Community Ministry International and other investment scams

2019/6/10 英字

President Rodrigo Duterte on Saturday ordered the Philippine National Police- Criminal Investigation and Detection Group ( PNP-CIDG) and the National Bureau of Investigation ( NBI) to shut down Kapa-Community Ministry International for alleged investment scams.

In an interview in Davao City, Duterte told the two agencies Kapa- Community Ministry International, with offices mainly in Mindanao, operates a pyramiding scam.

“To the CIDG, police, the special investigating teams, the CIDG, also NBI, that is pyramiding. That’s why shut it down and haul them (to courts) upon my order,” he said.

Duterte reminded the public if something is “to good to be true”, it’s fraud.

He said Kapa, headed by Joel Apolinario, is clearly into “syndicated estafa”.

“When it is good to be true, it is fraud. Imagine your 100,000 ( pesos) would earn 30,000 (pesos) a month? Even Bangko Sentral (ng Pilipinas) only give three percent,” Duterte said.

“To Filipinos, how many times do I tell you? What is being promised to you is something like heaven. No human, nor bank, even the Bank of America can afford to pay you 30,000 (pesos) every month for your 100,000 (pesos),” he added.

Kapa promises a 30 percent return from what they call “love gift” from the “donations” given by their members.

Last March, the Securities and Exchange Commission released a permanent cease and desist order against the group after it found substantial evidence that it offered and sold securities in the form of investment contracts and in the guise of donations, even without necessary licenses. Ella Dionisio/DMS

おすすめ記事

Marcos meeting Trump in the US on July 20-22

2025/7/12 英字 無料
無料

Philippines, US and Japan hold trilateral meeting in Malaysia

2025/7/12 英字 無料
無料

Philippines calls on China to adhere to 2016 The Hague ruling

2025/7/12 英字 無料
無料

DA lifts temporary ban on importing domestic, wild birds and by-products from Japan

2025/7/12 英字 無料
無料

Six crew of bulk carrier MV Magic Seas arrive in Philippines

2025/7/12 英字 無料
無料

Fifth presidential communications chief takes oath

2025/7/12 英字 無料
無料

-->