SEC identifies more Ponzi-like scams philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
Kapa execs get life in prison for duping millions in Ponzi scheme inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
Executives and officers of Kapa Community Ministry International Inc. (Kapa) were sentenced to life imprisonment for duping millions from its investors.
Complaints against investment scammers received by the Securities and Exchange Commission (SEC) in 2017 to 2021 reached 493, amid concerns the numbers keep rising even during the pandemic. The Senate Committee on Banks and Financial Institutions learned from SEC Commissioner Ephyro Luis Amatong at a hearing on Monday that the…