Repa Paluwagan scam: 8 victims lost P2 million to online investment fraud

Pegeen Maisie M. Sararaña 11/05/2021

CEBU CITY, Philippines — Eight individuals lost an estimated P2 million to an online money scam called Repa Paluwagan. Police Colonel Ireneo Dalogdog, Criminal Investigation and Detection Group in Central Visayas (CIDG-7), said the eight individuals trooped…

Alleged scammer nabbed after taking away over P200k from victims

Morexette Marie B. Erram 04/29/2021

CEBU CITY, Philippines – Operatives from the National Bureau of Investigation in Central Visayas (NBI-7) arrested an alleged scammer for taking away more than P200,000 in cash from multiple victims through various schemes. The suspect was identified…

Founder of investment scam nabbed in Surigao del Sur

Erwin Mascariñas - Inquirer Mindanao 07/21/2020

BUTUAN CITY –– Police authorities arrested on Tuesday morning Joel A. Apolinario, founder of Kapa Ministries, which ran an investment scam that duped thousands of unsuspecting investors. In a report forwarded by police sources, the operation was…

SEC flags down more investment ‘scam’ groups

Rosalie O. Abatayo 05/27/2020

CEBU CITY, Philippines — The Securities and Exchange Commission has flagged more groups for alleged unauthorized solicitation of investments from the public. In an emailed press statement, SEC cautioned the public from investing in firms Aquitek Food…

Head of General Santos City investment scam arrested in Argao, Cebu

Alven Marie A. Timtim 03/03/2020

  CEBU CITY, Philippines — A man from General Santos City, who confessed to being the chief executive officer (CEO) of a foreign-exchange company which allegedly duped thousands of investors of P600 million, was arrested by elements…

Warrants of arrest out for KAPA founder, allies

Froilan Gallardo 02/12/2020

CAGAYAN DE ORO- A local court in Bislig City, Surigao del Norte, on Tuesday has issued warrants of arrest against the founder of KAPA-Community, an investment scam that defrauded its followers of millions of pesos. The Securities…

Nine complainants against Organico show up at CIDG-7 office

Alven Marie A. Timtim 11/15/2019

CEBU CITY, Philippines — Victims of Organico Agribusiness Ventures Corp.’s investment scam have started to show up at the office of the Criminal Investigation and Detection Group in Central Visayas (CIDG-7) to file their complaint against the…

CDO ex-vice mayor, four others linked to a P400-million investment scam nabbed in Cebu

Delta Dyrecka Letigio 10/23/2019

CEBU CITY, Philippines — The former vice mayor of Cagayan de Oro City and four other individuals were arrested inside a  cafe in Mandaue City, Cebu for running off with P400 million in investments to their double-your-money…

Police: Family no longer interested to claim body of man found dumped in Balamban town

Alven Marie A. Timtim 09/01/2019

CEBU CITY, Philippines — The body of a man that was found dumped in a roadside sitio in Barangay Cansomoroy in Balamban town on the evening of August 20 has remained unclaimed. Police Major Christian Torres, chief…

Patay tells operators of ‘quick-rich’ investments scams: Cease your operations or face arrest

Delta Dyrecka Letigio 06/12/2019

CEBU CITY, Philippines — The campaign of the Criminal Investigation and Detection Group in Central Visayas (CIDG-7) against businesses engaged in “quick-rich” scams will not end with the raid of the Organico Agribusiness Ventures office in Cebu…

Duterte orders crackdown on get-rich-quick scams

06/09/2019

DAVAO CITY, Davao del Sur, Philippines — President Rodrigo Duterte on Saturday ordered the Philippine National Police and the National Bureau of Investigation to shut down get-rich-quick scams that are proliferating in Mindanao. The President said there…

Man nabbed in Cebu for online investment scam

Paul Lauro and Zena Magto 04/25/2019

CEBU CITY, Philippines – – He is also a victim of an online investment scam. This was the excuse made by Ramil Faustino, 29, who was nabbed by the National Bureau of Investigation in Central Visayas (NBI-7)…

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