cdn mobile

‘Investors’ ransack Kapa headquarters after arrest of founder

By: Bong Sarmiento - Inquirer Mindanao July 22,2020 - 01:21 PM

ALABEL, SARANGANI –– Around a hundred residents here stormed the head office of Kapa Community Ministries International Wednesday morning, a day after hearing of the arrest of its founder, Joel A. Apolinario.

Jerry Corral, caretaker of the Kapa property in Barangay Bagacay, said the people ransacked the office between 6 a.m. and 7 a.m., taking whatever valuables they could like computer tables, chairs, and toilet bowls.

The Alabel office has served as Kapa’s headquarters after it relocated from Bislig, Surigao del Sur in 2017.

At the height of the Kapa operation, throngs of people line up every day and wait for hours before having the chance to transact in the Alabel office, mainly to ‘offer’ their donations-cum-investments in the hope of receiving ‘blessings’ every 20 days.

The promised ‘blessings’ or return amount to 30 percent of the investment.

Apolinario was arrested in a secluded resort in Lingig, Surigao del Sur on Tuesday morning. / LZB

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

TAGS:
No tags found for this post.
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.