scams in the Philippines - updates

Rappler's latest stories on scams in the Philippines


Court orders arrest of Kapa Ministry officers

Feb 12, 2020 - 6:15 PM

Kapa officers are accused of running a Ponzi scheme, which involves offering impossibly high returns and paying investors using the money contributed by later investors

Kapa Ministry officers face criminal charges

Jan 09, 2020 - 6:55 PM

For allegedly engaging in a Ponzi scheme, officers of Kapa-Community Ministry International face several cases in courts in Bislig City, Surigao del Sur; Quezon City; and Rizal

Duterte makes 2nd week of November 'Investor Protection Week'

Nov 20, 2019 - 8:36 PM

Proclamation No. 846 tasks the Securities and Exchange Commission to lead the observation and celebration of the 'investor protection week' every year

Kapa-like investment group in Mindanao faces syndicated estafa complaint

Sep 25, 2019 - 5:31 PM

The National Bureau of Investigation files a syndicated estafa complaint – a non-bailable offense – against 39 individuals associated with the ALAMCCO credit cooperative

INVESTMENT SCAM. A complaint for syndicated estafa is lodged before the Department of Justice against Mindanao-based investment group Alabel-Maasim Credit Cooperative or ALAMCCO. Photo by LeAnne Jazul/Rappler

'Don't believe a scammer': Bam Aquino denies hiring 'blogger' to discredit Bong Go

Aug 01, 2019 - 6:40 PM

'Puwede ba tigilan niya ako sa mga kalokohan niya?' former senator Antonio Trillanes IV tells Senator Bong Go, who also accused him of a 'conspiracy' against administration bets in the May polls based on the say-so of an alleged scammer

BELIEVE A SCAMMER? Senator Paolo Benigno Aquino IV belies a scammer's claim that he hired him to conduct a social media 'demolition job' against Senator Bong Go. File  photo

Police arrest scammers targeting senators, congressmen

Aug 01, 2019 - 3:20 PM

Senator Bong Go claims the suspects also tried to get money from him, but he immediately recognized it as a scam

ARRESTED. The alleged scammers are presented in Camp Crame, violating the police's own rule against trial by publicity. PNP screenshot

SEC warns public vs Scentko perfume scam

Jul 31, 2019 - 7:20 PM

Scentko promises customers a whopping 400% return if they buy the company's perfume, but it is not authorized to engage in investment activities

NBI files syndicated estafa complaint against Kapa Ministry

Jul 08, 2019 - 11:31 AM

(UPDATED) Syndicated estafa, a non-bailable offense, is filed against Kapa, which allegedly swindled people through donations and purported investments

KAPA's branch office in Taytay, Rizal on Sunday, June 16, 2019. File photo by Darren Langit/Rappler

[ANALYSIS] Kapa Ministry: A symptom of poor financial inclusion

Jul 04, 2019 - 11:47 AM

Beefing up financial inclusion in the Philippines could be an effective way to stifle the viral spread of Ponzi schemes like Kapa, especially in the provinces

Lapid wants investment scams covered under economic sabotage

Jul 03, 2019 - 2:29 PM

Senator Lito Lapid files a bill to expand the coverage of economic sabotage to include investment scams

SENATE COMEBACK. Senator Lito Lapid wants to include investment scams as acts punishable under estafa. File photo by Inoue Jaena/Rappler

DILG orders mayors to revoke Kapa's business permits

Jun 17, 2019 - 5:10 PM

'Marami na ang naloko at marami pa sa ating mga kababayan ang maloloko sa investment scam na ito kung hindi ito aaksiyunan ng mga mayor,' says Interior Secretary Eduardo Año

KAPA’s branch office in Tatay, Rizal on Sunday, June 16, 2019. Photo by Darren Langit/Rappler

SEC secures over P100 million of Kapa Ministry's assets

Jun 16, 2019 - 5:01 PM

'Kapa amassed wealth through an investment scam, in the guise of religion and at the expense of the investing public,' says Securities and Exchange Commission Chairperson Emilio Aquino

CRACKDOWN. The SEC says over P100 million worth of assets linked to Kapa Ministry have been secured as of June 16, 2109. Logo from Kapa's Facebook page

Kapa-Community Ministry can file impeachment complaint vs Duterte – Trillanes

Jun 14, 2019 - 2:37 PM

'Para sa mga lider at miyembro ng Kapa, magfile ng kasong impeachment laban kay Duterte for culpable violation of the Constitution dahil sa pagbalewala nito sa kanilang religious freedom,' says Senator Antonio Trillanes IV

OPPOSITION SENATOR. Senator Antonio Trillanes IV has some recommendation for Kapa-Community Ministry and the Duterte administration on the Kapa controversy. File photo by Angie de Silva/Rappler

FALSE: Militant groups to 'protest' shut down of Kapa-Community Ministry

Jun 13, 2019 - 5:38 PM

It's not true that Bayan and Gabriela released a statement about Kapa or the alleged protests against its shutdown

Usurious investment schemes are haram, says sharia lawyer

Jun 12, 2019 - 10:07 AM

Salih Musa, a former head of a sharia court in Central Mindanao, says it is forbidden for Muslims to participate in schemes that give outrageous returns as it is already a form of usury

USURY IS HARAM. File photo of Islamic law expert Salih Musa of General Santos City. Photo from Salih Musa's FB account

SEC intensifies crackdown vs investment scams

Jun 11, 2019 - 8:35 PM

The Securities and Exchange Commission taps law enforcement agencies to carry out 24 raids in two days against companies involved in investment scams

EXPLAINER: How Kapa Ministry took advantage of investors

Jun 11, 2019 - 8:19 PM

Kapa Ministry merges religion and social media to orchestrate one of the biggest investment scams in Philippine history

Kapa-Community Ministry Cebu office raided

Jun 10, 2019 - 8:47 PM

The raid comes 3 days after a fire destroyed the office in Compostela town in northern Cebu

Court freezes Kapa-Community Ministry's assets over Ponzi scheme

Jun 10, 2019 - 5:10 PM

The Securities and Exchange Commission calls Kapa-Community Ministry's scheme the largest investment scam in recent Philippine history

Duterte orders shutdown of Kapa-Community Ministry, other investment scams

Jun 08, 2019 - 8:17 AM

'When it is [too] good to be true, that is fraud,' President Rodrigo Duterte says of the get-rich-quick schemes offered by Kapa-Community Ministry International and others

Central Visayas’ top cop warns police vs joining investment scams

Jun 04, 2019 - 6:11 PM

The police have been monitoring the Cebu operations of Kapa-Community Ministry International, an alleged investment scam

8 foreigners, 24 Filipinos nabbed in Pasig over online investment scam

Nov 30, 2018 - 7:43 PM

The top suspect, a certain Owen Lloyd Sterling, remains at large, according to the Philippine National Police

SEIZED EQUIPMENT. Cops seized computers, phones, and routers from the raid. NCRPO photo

Mocha Uson's party linked to pork barrel scam

Oct 15, 2018 - 3:13 PM

In 2011, the pork barrel funds of an AA-Kasosyo party-list representative were channelled to an NGO identified with pork barrel queen Janet Lim Napoles

Former PCOO Assistant Secretary Mocha Uson files nomination under Kasosyo party list on October 15, 2018. Photo by Jire Carreon/Rappler

CHR, former HRVCB members warn martial law victims against scams

Sep 13, 2018 - 3:22 PM

The Commission on Human Rights and the Human Rights Victims' Claims Board say that they are no longer accepting new applications amid reports that a group is soliciting money to process reparation claims from victims of Martial Law

Xian Gaza surrenders to police, asks for bail help

Apr 12, 2018 - 2:44 PM

The alleged scammer apparently pokes fun at his surrender, flashing a wide smile and a peace sign inside the police station

'SURRENDERED.' The businessman, accused of scamming people, surrenders to police. Screenshot from Xian Gaza's Instagram account

PDAF lawyer Baligod pursues Senate bid

Oct 16, 2015 - 9:36 AM

UPDATED Lawyer Levito Baligod says he will pursue anti corruption measures if elected He is in talks with former senator Panfilo Lacson and Walden Bello both senatorial aspirants to form a group of independents

ANTI-CORRUPTION CAMPAIGN. Pork scam lawyer Levito Baligod throws his hat into the senatorial race on October 16, 2015. Photo by Czeasar Dancel/Rappler

SC: Provide Enrile with specifics of plunder charges

Aug 11, 2015 - 2:07 PM

The SC decision compels the prosecution to state more specifically the charges against the senator; the High Tribunal is expected to vote on the petition for bail next week

PETITION FOR BAIL. In September 2014, the 91-year-old senator asked the High Court to annul the Sandiganbayan order denying him bail. File photo

One Lightning Corporation submits to SEC probe

Mar 23, 2015 - 7:00 PM

Pyramiding company? The firm maintains that it is a legitimate corporation and awaits steps prescribed by the Securities and Exchange Commission

What would God do with 'praying' politicians?

Aug 09, 2014 - 8:00 AM

What do you think God would do as he continues to be handed all these supplications from Filipino politicians like pork barrel scam suspect Senator Ramon Bong Revilla Jr?

Enrile heads to Camp Crame to surrender

Jul 04, 2014 - 4:25 PM

Senator Juan Ponce Enrile is set to surrender to authorities in compliance with a warrant for his arrest

Weak PDAF cases? Ombudsman amends info vs 3 senators

Jun 25, 2014 - 2:49 PM

UPDATED It appears they have been alerted by an argument made by alleged scam mastermind Janet Napoles that could possibly weaken the plunder cases vs the senators

INDICTED. The Ombudsman approves the indictment of a former mayor for malversation of public funds. Photo from the Office of the Ombudsman website

Anti-graft court issues HDO vs Bong Revilla, Enrile

Jun 17, 2014 - 9:22 AM

2nd UPDATE The Sandiganbayan s Third Division issues a hold departure order against Senator Juan Ponce Enrile and his co accused a few hours after the anti graft court bars Revilla and his co accused from leaving the country

JPE, Estrada, Revilla charged with graft

Jun 09, 2014 - 5:02 PM

UPDATED The Ombudsman files several counts of graft against the 3 senators already facing plunder charges over the PDAF scam Also charged are former officials of the Technology Resource Center


Jinggoy: They want us jailed before PNoy's SONA?

Jun 07, 2014 - 2:25 PM

Of couse he will highlight the 3 of us: We put in prison one president and 3 senators in their anti corruption drive As for me my conscience is clear Senator Estrada says in Filipino

LAST HURRAH? Senator Jinggoy Estrada says he wants to participate in the Senate probe into the Malampaya fund scam before he is arrested. File photo by Albert Calvelo/Senate PRIB

Osmeña: Releasing Napoles list was for transparency

May 20, 2014 - 7:03 PM

Senator Serge Osmeña says he is willing to apologize to Senator JV Ejercito for the release of the Napoles list even as he defended the decision

'NO MALICE.' Senator Serge Osmeña says Senator TG Guingona meant no malice in releasing the Napoles list. File photo by Romeo Bugante/Senate PRIB

From ‘definitive,’ Miriam now says Luy list mudslinging

May 14, 2014 - 1:26 PM

Someone has made money by using my name and I will make that person pay big time Santiago says

'HIGHLY LIKELY.' Santiago says the Supreme Court will likely declare the EDCA unconstitutional. File photo by Adrian Portugal/Rappler

What happens if ‘pork senators’ are arrested?

May 08, 2014 - 4:03 PM

Here are 4 scenarios if Revilla Estrada and Enrile are arrested for plunder over the pork barrel scam

Immunity for the plunderer, not for the sunflower vandals

May 05, 2014 - 8:30 AM

In this country religious concepts of sin forgiveness and punishment often get mixed up with legal concepts of crime immunity and penalty to the detriment of both justice and compassion

Rappler Newscast | May 2, 2014

May 02, 2014 - 8:10 PM

Joint police operations expose an online sex extortion syndicate in the Philippines The Ombudsman grants a corruption scandal whistleblower immunity from prosecution New internet data show dismal internet speeds in the Philippines

Enrile, 90, won’t stand ordinary jail – Trillanes

Apr 30, 2014 - 3:19 PM

Even after plotting to oust Enrile as Senate president Trillanes says he should be given special treatment in jail

'NOT HEARTLESS.' Saying society is 'not heartless,' Trillanes believes Enrile should not be placed in an ordinary jail because of his old age. File photo by Ayee Macaraig/Rappler

‘Love, loyalty’ won’t turn Gigi vs JPE – Senators

Apr 21, 2014 - 3:26 PM

Enrile critics Trillanes and Cayetano say it is highly unlikely for Reyes to betray Enrile because of love and loyalty

DOUBTING GIGI. Senator Antonio Trillanes IV says he doubts Gigi Reyes will testify against Enrile. File photo from Trillanes' Facebook page

Estrada, Revilla: Plunder case a mistake

Apr 07, 2014 - 10:39 PM

Even after repeatedly endorsing fake NGOs Estrada and Revilla say this is not enough basis to file plunder charges against them because these were accredited by agencies

'FIGHT!' Senator Jinggoy Estrada says this to his close friend Senator Bong Revilla before the start of session. "Kaya natin iyan, kakosa," Estrada jokes. Photo by Ayee Macaraig/Rappler

Rappler Newscast | April 1, 2014

Apr 01, 2014 - 10:53 PM

Gov t to file plunder charges vs senators in corruption scandal PH tells China it will not bow to bullies Australia on MH370 hunt: could be long and frustrating

Miriam: Jail 'guilty' officials with 'pork' lawmakers

Mar 28, 2014 - 1:47 PM

Santiago says officials of implementing agencies should also be thrown into jail for allowing lawmakers to choose NGOs as pork barrel conduits

Binay: Umali not only one ‘influencing’ Lee case

Mar 10, 2014 - 1:58 PM

Vice President Jejomar Binay also says the Philippine National Police should explain a document stating it was in the process of delisting Delfin Lee from the list of wanted persons

POWERFUL BACKERS. Jailed businessman Delfin Lee has powerful backers, says Vice President Jejomar Binay. Photo courtesy of PNP-PIO

‘Pork’ fugitives face extradition – Miriam

Mar 04, 2014 - 5:04 PM

The Senate concurs with the ratification of the Philippines extradition treaties with the United Kingdom Spain and India

Senators react to #MillionPeopleMarch

Aug 26, 2013 - 6:57 PM

At least 8 senators acknowledge the legitimacy of the protesters’ call to abolish the PDAF

LUNETA CROWD. Protesters in Manila calling for the abolition of lawmakers' discretionary fund. Photo by Dennis Sabangan, EPA

Miriam to Aquino: Why silent on pork?

Jul 24, 2013 - 10:23 AM

Sen Miriam Defensor Santiago criticizes Aquino s silence on the pork barrel scam and his 2 hour long SONA

DAANG MATUWID? Sen Miriam Defensor Santiago says President Aquino should have discussed the pork barrel scam in his SONA to be true to his anti-corruption crusade. File photo by Rappler/Ayee Macaraig

Malaysian police stops Aman boss departure

Jan 25, 2013 - 5:48 PM

3rd UPDATE The scheduled departure of Emmanuel Amalilio for Manila encounters obstacles

P200-M Aman Futures accounts frozen

Dec 04, 2012 - 12:32 PM

The Anti Money Laundering Council says it has frozen the accounts of Aman Futures amounting to P200 M