Duterte wants Kapa, other investment scams probed, shut down

MANILA, Philippines — President Rodrigo Duterte on Saturday ordered the National Bureau of Investigation and the Criminal Investigation and Detection Group to probe and if warranted, shut down Surigao del Sur-based religious corporation Kapa-Community Ministry International Inc. and other groups for alleged involvement in investment scams.

“Kayong mga CIDG, kayong pulis – the special investigating teams there… pati NBI ) that is pyramiding,” Duterte said in an interview over Pastor Apollo Quiboloy’s program “Give Us This Day.”Kapa, a Surigao del Sur-based religious corporation, was allegedly soliciting investments from the public by encouraging them to “donate” any amount in exchange for a 30 percent monthly return.

khallareINQ Hindi scam dahil maliit lng ang kanilang ini invest bawing bawi na cla at daming natulungan paano naging scam wlang ng invest n ngreklamo. Yong ibng sekta ang ngreklamo. Umayos kayo s balita at research nyo kaya exag balita nyo dahil hindi ang ng invest n intrvw nyo. Obviously.🤣

khallareINQ Oh it's crying time again 🎶🎶 and now the end is near 🎶🎶

khallareINQ Holy cow!

khallareINQ

khallareINQ Mag invest na lang kayo..

khallareINQ Sana isama pati yung mga kasong invesment scam sa Sta Rosa Laguna marami silang nabiktima pati OFW. Milyon milyon ang mga ninakaw nila. Estafa lang ang naikakaso at ang mga suspect ay nakaka laya.

khallareINQ Same story. People are investing on other people's ignorance and gullibility. Yayaman sila. Dami pa rin sa ating na uuto.

khallareINQ SIGN THE BANK WAIVER SIR NANG MALAMAN DIN NATIN ANG HOKUS POKUS NIYO.

khallareINQ A balanced investment portfolio average return is 7% over the long term. If anyone promises a return higher than that, it is most likely too good to be true.

khallareINQ Anong business model ang kayang magbigay nang 30 percent returns per month if you contribute x amount? It's a scam!!!

khallareINQ That’s a Ponzi scheme. Nothing gives a 30% return.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Duterte orders shutdown of Kapa-Community Ministry, other investment scams'When it is [too] good to be true, that is fraud,' President Rodrigo Duterte says of the get-rich-quick schemes offered by Kapa-Community Ministry International and others Yung si ApolloQuiboloy is an even worst investment ministry. Does that mean Chinese loans are being shut down? Isnt Quiboloy Too Good to be True, TOO? 🙄🙄🙄
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Duterte orders shutdown of Kapa-Community Ministry, other investment scams'When it is [too] good to be true, that is fraud,' President Rodrigo Duterte says of the get-rich-quick schemes offered by Kapa-Community Ministry International and others Yung si ApolloQuiboloy is an even worst investment ministry. Does that mean Chinese loans are being shut down? Isnt Quiboloy Too Good to be True, TOO? 🙄🙄🙄
Source: rapplerdotcom - 🏆 4. / 86 Read more »