Investment scam victims mull raps vs KAPA execs
Ben Serrano (The Philippine Star) - June 16, 2019 - 12:00am

GENERAL SANTOS CITY, Philippines —  Several persons who claimed to be victims of an alleged investment scam by Kapa Community Ministry International Inc. (KAPA) are planning to file charges against its officials.

The victims showed to The STAR their investment or “donation” documents, which were signed by KAPA founder Joel Apolinario. They refused to be identified saying some people might get the money.

They said they are considering suing KAPA officials for syndicated estafa, but are also open to negotiations for the return of their money.

One of the complainants said that his supposed “agent” could no longer be contacted after the KAPA office in this city was closed following a raid by agents of the National Bureau of Investigation earlier this week.

On Facebook, KAPA officials appealed to their members for calm even as they gave assurance that they are taking legal action against those who raided and padlocked their offices.

KAPA members were also advised against signing any document or blank paper to file a complaint to ensure the return of their investments.

Malacañang had earlier appealed to KAPA members to go to court if they want their organization to continue its operations.

Officials and incorporators of KAPA have been placed on the immigration lookout bulletin order. President Duterte also ordered their arrest without bail for committing a “continuing crime.”

  • Latest
  • Trending
Are you sure you want to log out?
Login is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

or sign in with