The Securities and Exchange Commission (SEC) reported that the principals of Kapa Community Ministry International Inc. (KAPA), touted as the largest investment scam in Philippine history, have been sentenced to suffer the penalty of life imprisonment. They have been convicted for syndicated estafa...
A senatorial aspirant named Joel “Pastor” Apolinario is seeking a Senate post in the May 2022 elections. Apolinario filed his certificate of candidacy (COC) through his representatives at the Harbor Garden Tent in Sofitel Manila, Pasay City on Saturday, Oct. 2. A representative of Apolinario...
The Court of Appeals (CA) upheld the order of the Securities and Exchange Commission (SEC) revoking the certificate of incorporation of Kapa-Community Ministry International for its fraudulent investment-taking activities. The CA Special 16th Division held that the SEC validly acquired exclusive...