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PNP: Case build-up ongoing vs Kapa, other investment scams

Police ops vs scam groups to be launched this week
/ 12:17 PM June 10, 2019

MANILA, Philippines — The Philippine National Police (PNP) said Monday it is already conducting case build-up against some of the groups involved in investment scams, including the Surigao del Sur-based Kapa-Community Ministry International Inc.

In a press briefing at Camp Crame, PNP chief Police Gen. Oscar Albayalde said police operations against some of these groups will be launched within this week.

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“The PNP and NBI (National Bureau of Investigation) are working on it, and we have already made case build-up. Within the week, merong resulta ‘yan (there will be a result),” he said.

But Albayalde said the PNP has yet to conduct case build-up to all investment scam groups, which he estimated to be totalling to twelve.

President Rodrigo Duterte earlier ordered the NBI and the PNP to investigate Kapa-Community Ministry International Inc. and other investment scam groups operating mainly in Southern Mindanao.

READ: Duterte wants Kapa, other investment scams probed, shut down

Kapa was allegedly encouraging its preys to “donate” any amount in exchange of a 30-percent monthly return.

“When it is [too] good to be true, it is fraud,” Duterte earlier said. (Editor: Julie Espinosa)

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TAGS: investment scams, Kapa Community Ministry International Inc., NBI, PNP‎, Police Gen. Oscar Albayalde
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