The Department of Justice yesterday issued an immigration lookout bulletin order against the officials of Kapa Ministry International and the Alabel-Maasim Credit Cooperative, both of which are currently under investigation over allegations of involvement in investment scams.
“The Secretary of Justice earlier today issued an ILBO against eight incorporators and eight officials of Kapa Community Ministry International Inc. and three officials of Alabel-Maasim Credit Cooperative,” said DoJ spokesman Undersecretary Markk Perete.
“Immigration officials are directed to monitor within all ports of exit and entry the movement of those covered and verify if legal basis exists to prevent them from leaving Philippine jurisdiction,” he stated.
Kapa officials placed in the ILBO are founder Joel Apolinario, Nonita Urbano, Junnie Apolinario, Nelio Nino, Maria Pellea Sevilla, Jouelyn del Castillo, Cristobal Barabad, Joji Jusay, Reyna Apolinario, Modie Dagala, Benigno Tipan Jr., Marnilyn Maturan, Ricky Taer, Joji Tusay, and Margie Danao.
Alamcco officials in the ILBO are chairman Jerson Cagang, corporate secretary Cynthia Gomeri, and chief finance officer Aielene Mancoa.
Acting on the directive of President Duterte, the National Bureau of Investigation, the Philippine National Police, and the Securities and Exchange Commission have conducted a nationwide crackdown against the entities engaged in alleged investment scams in violation of Section 8 and 26 of the Securities Corporation Code of the Philippines.
The NBI earlier said it hopes to file before the DoJ by next week the criminal complaints against the two entities. (Jeffrey Damicog)