News Formal

Duterte wants Kapa, other investment scams probed, shut down

  • 📰 cebudailynews
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 71%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

MANILA, Philippines — President Rodrigo Duterte on Saturday ordered the National Bureau of Investigation (NBI) and the Criminal Investigation and Detection Group (CIDG) 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.READ:

The SEC also advised the public to avoid Davao-based Rigen Marketing, which is also allegedly soliciting investments with promises of high returns in a short time.“Biro mo yung P100,000 will earn P30,000 a month?! Yung Bangko Sentral nga, di mabigay tres lang na porsyento,” the President added. “Annually ha?!”

“Walang tao dito, walang bangko yung maski Bank of America can afford to pay you P30,000 every month for your P100,000,” Duterte added.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 8. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Duterte wants Kapa, other investment scams probed, shut downKapa, 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 khallareINQ That’s a Ponzi scheme. Nothing gives a 30% return. khallareINQ Anong business model ang kayang magbigay nang 30 percent returns per month if you contribute x amount? It's a scam!!! 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.
Källa: inquirerdotnet - 🏆 3. / 86 Läs mer »

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? 🙄🙄🙄
Källa: rapplerdotcom - 🏆 4. / 86 Läs mer »