Eight counts of syndicated estafa were filed against Kapa Community Ministry International, Inc. by the National Bureau of Investigation (NBI) and three investors of the religious group on Monday.
Charged before the Department of Justice (DOJ) were founder Joel Apolinario, Nonita Urbano, Junnie Apolinario, Nelia Niño, Maria Pella Sevilla, Jouelyn del Castillo, Cristobal Barabad, Joji Jusay, Reyna Apolinario, Modie Dagala, Benigno Tipan, Jr., Marnilyn Maturan, Ricky Taer, Margie Danao, and other still unidentified individuals.
The NBI-National Capital Region also sought the prosecution of Joel Apolinario and other Kapa personalities for violation of the Securities Regulation Code (SRC).
The three investors allegedly put in P500,000, P45,000 and P30,000 and were made to believe they would earn lifetime monthly interests—blessings as Kapa members call it—equivalent to 30 percent of the principal money.
The Securities and Exchange Commission (SEC) then discovered Kapa was offering investment options in the guise of donations with a monthly interest of 30 percent, prompting no less than President Rodrigo Duterte to order Kapa’s closure.
NBI agents also found out that the group was engaged in pyramiding scams in General Santos City and Sarangani Province.