Following the recent apprehensions of the admin members of the REPA Paluwagan, an official of the Davao City Anti-Scam Unit (CASU) assured that the said unit will continue monitoring activities of the remaining admins to ensure that they can be prosecuted in court and prevented from leaving the country.
“Nagmonitor mi anang remaining admins kay basig mulayas na sila. Wala’y problem kung mulayas sila basta ang importante ma-file ang kaso kay anywhere in the Philippines man na kung naay warrant puwede na sila dakpon anywhere,” Davao City Anti-Scam Unit head Simplicio Sagarino told Edge Davao.
On November 5, 2021, five individuals who were reportedly receiving investors for REPA Paluwagan were arrested through an entrapment operation conducted by the members of Criminal Investigation Group 11 (CIDG 11) at Ponce St, Brgy 26-C in Davao City.
Together with the Davao City Anti Scam Unit, the entrapment was carried out after the suspects accepted cash of P650,000 for investment in the Money Pyramiding Scheme.
The five individuals who also acted as administrators of REPA Paluwagan were identified as Silas Khadija Sabani 25, Jorelyn Damih 43, Mahimod Damih 46, Alhaber Damih 19 and Amer Hadjinur 42, all of Barangay 21-C Davao City.
A case will be filed against the suspects.
Sagarino said about 200 complainants, from Davao City and other neighboring areas, have approached the unit to file a complaint against REPA.
He also called on to the Dabawenyos and those individuals in the neighboring areas to put their hard-earned money into legit investments.
“Kay kung magpataka lang sila ug butang, sayang lang,” he said.
On October 12, 2021, SEC-Davao issued an advisory following reports and inquiries received by the Commission from the public asking whether REPA/REPA Paluwagan with operations in Bohol, Davao City, Bukidnon, and Cebu is registered with the commission and if it can solicit investments from the public.
Based on the said report, the persons behind REPA/REPA acting as “administrators”(admins) and “sellers,” communicate with their victim-buyers via Facebook, Messenger, or other chat groups and personal transactions and offer them “limited slots” for investment packages where one may invest P50,000.00 promising a return of P20,000.00 or an equivalent of 40 percent interest rate of return in just two weeks.
SEC-Davao strongly advised the public not to invest or stop investing in any scheme offered by REPA/REPA Paluwagan or such other entities similarly engaged in investment contracts without prior registration from the commission.
