SEC files criminal complaint vs Kapa execs for large-scale investment scam

06/18/2019

MANILA, Philippines – The Securities and Exchange Commission (SEC) on Tuesday filed a criminal complaint before the Department of Justice (DOJ) against Kapa Community Ministry International Inc. (Kapa) founder and President Joel A. Apolinario and its other…

Manhunt continues vs Kapa founder

06/17/2019

GENERAL SANTOS CITY, South Cotabato, Philippines — Amid the series of raids conducted against groups in Mindanao offering high-yield investments, not one person behind what government regulators had described as illegal operations had been arrested. But the…

SEC secures P100M in Kapa assets

06/16/2019

MANILA, Philippines — The Securities and Exchange Commission (SEC) said it had “secured” over P100 million in assets from the Kapa Community Ministry International Inc., whose founder and pastor Joel Apolinario was accused of engineering a massive…

DILG orders LGUs to stop giving permits to KAPA

Delta Dyrecka Letigio 06/14/2019

CEBU CITY, Philippines — The Department of Interior and Local Government Unit (DILG) has ordered all local government units (LGUs) to stop giving permits to the KAPA Community Ministry International Inc. and to revoke existing permits In…

Lopez: Task force needed to address investment scams

Irene R. Sino Cruz 06/14/2019

CEBU CITY, Philippines–Trade and Industry Secretary Ramon Lopez cited the need to establish a task force to act on fraudulent investment schemes. Lopez made the statement at the sidelines of the Cebu Business Month 2019 Entrepreneurs Summit.…

NBI to Kapa members: Be thankful we have a very smart President

06/14/2019

MANILA, Philippines — Be thankful for a very smart President who made a pre-emptive move in favor of members of the Kapa Community Ministry International (Kapa Ministry). READ: Duterte repeats order to immediately stop Kapa operation “We should…

I’m sorry for telling the truth on KAPA

Atty. Ruphil F. Bañoc 06/14/2019

  “Not everyone who calls me ‘Lord, Lord’ will enter the kingdom of heaven, but only those who do what my Father in heaven wants them to do.” – Jesus Christ (Matthew 7: 21) Last Friday I…

Sinas tells Kapa officials to claim office vault now with Compostela police

Delta Dyrecka Letigio 06/12/2019

CEBU CITY, Philippines — Five days have passed since still unidentified men robbed and burned the Kapa Community Ministry International, Inc. office located in Barangay Poblacion, Compostela town. To date, no one from among the ministry representatives…

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…

The story of the first Ponzi, the Ladies’ Deposit

Fernando Fajardo 06/12/2019

Happy Independence Day, Everyone! To be independent means to be free. Are we free? I declare that we are truly free or independent only if we find the least among us being able to free themselves from…

PNP urges victims of Kapa, other investment scams to file complaints

06/11/2019

MANILA, Philippines — The Philippine National Police (PNP) on Tuesday urged victims of the Kapa-Community Ministry International Inc. and other investment scams to file complaints. PNP spokesperson Col. Bernard Banac said that even after police raided some…

NBI raids Kapa founder’s house, offices in GenSan, Davao del Norte

06/11/2019

DIGOS CITY, Philippines — Authorities raided the house of the founder of Kabus Padatoon (Kapa) Ministry International in General Santos City, following President Duterte’s order on Saturday to close the firm and arrest its top officials. READ:…

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