Just like to know has anyones partner or family in the philippines invested in this company,seems the wifes family and friends are making a lot of money from this, some figures they received are quite big.I personally think its too good to be true but there is a lot of very happy and richer customers from where my wife comes from.
This has "scam" written all over it. The company doesn't have a web site, just a Facebook page and some rather iffy videos on Youtube.
Total scam BUT good news if they are making loads of dosh,tell them times are hard and ask them to remit some after all utang na loob should be two-way traffic.
My thoughts its a scam but i hear people where the wife comes from have made some big money and i mean they got the cash in hand to prove it, now these investment schemes are popping up all over the place. I believe it is something to do with a block chain like crypto currency.
Yep, classic playbook strategy taken from the pages of "Scamming for Dummies". In order to make real money out of such "investment" schemes, the scammers need to make one or two of their early "investors" a bit richer so that they spread the word and encourage others to invest their hard earned. This means that the only one who are in with a chance of having even their initial investment returned are those who join such a scheme right at its inception. Yesterday it was rural banks .... now it's block chains. My dad taught me at a very early age the maxim "if it sounds too good to be true, then it almost certainly is".
Probably going the same way as this one....very much in the news here at present: https://www.rappler.com/newsbreak/i...a-community-ministry-took-advantage-investors Damned leeches the lot of them, preying on the poor (and stupid). It's Ponzi/Pyramid Selling/Network Marketing.... call it what you will... but don't get involved with these clever con artists.
It`s called a pyramid scheme for a reason.. Loads of cash around at the start and at the pyramid base which encourages new investors. No one ever really knows how long the gravy train will last as the pyramid tapers to it`s point. You are better off going to the casino and investing your capital on either red or black.
If you check out their product marketing FB page you will soon see just how gullible the masses here can be.. These marketing scammers can turn around literally billions of PHP just by feeding the locals greed for free money. https://www.facebook.com/rigenmarketingofficial/
Hasn't Duterte just condemned one of these pyramid schemes in pinas because his mate quiboloy "The son of god" doesn't like it yet dutertes daughter has given the same scheme the thumbs up?
Duterte orders shutdown of Kapa-Community Ministry, other investment scams https://www.rappler.com/nation/232549-duterte-orders-shutdown-investment-scams
That's the one,i just spoke to someone in Davao about it an hour or so ago,his daughter apparently gave the scheme the thumbs up
Davao City Mayor Sara Duterte-Carpio warned investment companies against operating in this city unless they have the necessary permits and licenses. https://www.philstar.com/nation/2019/06/09/1924800/padlock-firms-tagged-investment-scams-duterte Davao mayor warns Kapa Community DAVAO City Mayor Sara Duterte-Carpio reminded the public that she and her father, President Rodrigo Duterte, are not involved in any activities of the Kapa Community Ministry International, Inc. (Kapa), and will file legal actions against its members who are using their name. “Personally, I can assert my legal rights against them, provided that I have witness to those people who have been using my name,” Duterte-Carpio said on Thursday, March 14, during a press conference at the City Mayor’s Office. Duterte-Carpio reiterates the cease and desist order issued by the Securities and Exchange Commission (SEC) against Kapa last February. Meanwhile she said, “I think it’s best that the Office of the President should issue an official statement, that the president is not part nor participating or engaged in the activities of Kapa.” https://www.sunstar.com.ph/article/1797146
GENERAL SANTOS CITY—When Joel Apolinario, pastor and founder of the embattled Kapa Community Ministry International Inc., arrived by helicopter and climbed onto the stage to address a mammoth crowd of supporters here on Thursday, he was cheered like a rock star. It was quite a leap of fortune for someone who, as a young man, was a construction worker, a former radio technician, then a disc jockey before making it big as a “pastor” with millions of believers in his investment scheme that supposedly provided a 30-percent return on their “donations” to his “ministry.” Wearing a white-collared Levi’s shirt, Apolinario showed up at the prayer rally with his wife, “Madam Reyna,” reportedly a former public school teacher. The prayer rally, which police said drew about 100,000 to 150,000 people, was organized to urge President Duterte to reconsider his decision to shut down Kapa, which claims to have five million members. https://newsinfo.inquirer.net/1130524/kapas-apolinario-from-dj-to-chopper-riding-pastor
Duterte said that if people invested in Kapa, “tomorrow I will have you all summoned to line up here. You will each receive a punch from me, both men and women.” “Believe me because I’m a lawyer, I am your President. If indeed that’s for real, I will be the one to tell you to go ahead, and I’d even join myself. But don’t you get involved in that because that’s a scam,” he said. Read more: https://newsinfo.inquirer.net/11305...rom-dj-to-chopper-riding-pastor#ixzz5r6sp2adl Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook Read more: https://newsinfo.inquirer.net/11305...rom-dj-to-chopper-riding-pastor#ixzz5r6sULrlZ Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook
I was told they had to sign some sort of gift/donation form WOW 30% return,i have just sold the shirt off my back,soon I will be rich.....rich.....RICH
I wish he hadn't advertised it till I had put my house on the market and sold my kidney to raise more cash for such an irresistible investment
What scumbag. His assets should be stripped from him immediately.... ready to be repatriated to the people he has conned. Remember, in the the Phils you are guilty until proven otherwise (especially if you are a dreaded poriner )
This is/was all the talk in Mindanao, the sister in law invested 10k php in Capa of her hard earned, luckily she has already drawn 4 x 30% so has her money back, but others have not been so lucky, another relative donated thats the term used, just days b4 Du30 ordered there shut down.