Tag: Kapa Community Ministry International Inc.

DOJ panel finds probable cause to indict Kapa founder Apolinario, other officials over Ponzi scheme — Perete

(Eagle News)–A Department of Justice panel has found probable cause to indict officials of the Kapa Community Ministry International Inc. for violations of the Securities Regulation Code, Justice spokesperson Markk Perete said. According to Perete, in its 21-page resolution dated  Sept. 25, the panel recommended the indictment of Joel Apolinario, his wife Reyna, Margie Danao, Adelfa Fernandico, Moises Mopia, Marisol Diaz and Reniones D. Catubigan. The Apolinarios and Danao were ordered indicted for their alleged  […]