PAYBACK FEARED

PRO 11 ready for lashback from angered ‘investors

The Police Regional Office (PRO) 11 said on Wednesday that the inter-agency task force created to address the issues of investment scams are ready for any possible violent action from the furious ‘investors’ affected by President Rodrigo Duterte’s order.

UPDATE. Police Regional Office 11 (PRO 11) spokesperson Police Major Jason Baria provides updates on the recent crackdown against companies engaged in investment scheme during AFP-PNP Press Corps media forum at The Royal Mandaya Hotel on Wednesday. Lean Daval Jr

PRO 11 spokesperson police major Jason Baria said there are intelligence personnel assigned to monitor the activities of those engaged in the so-called investment solicitations who are agitated following the president’s order to government agencies to investigate various existing investment schemes and shut it down.

“We are ready naman to any possible reactions from these investors. We are also monitoring them in social media,” Baria, during the AFP-PNP Presscorps media briefing held Wednesday, July 12, in The Royal Mandaya Hotel.

Two days after the president’s order, two search warrants were released against Kapa Community Ministry-International in Tagum City.

Adverse comments from affected investors surfaced the social media blaming pastor Apollo Quiboloy and threatening the Duterte administration not support them in the next elections.
The frustration is feared to result to violence, thus, the authorities are ready for any possible violence against them during their following operations.

Baria said the inter-agency task force composed of the Securities and Exchange Commission (SEC), National Bureau of Investigation (NBI), the Criminal Investigation and Detection Group (CIDG), and the police will continue to investigate and enforce legal actions against these investment schemes which are currently being monitored.

“Tuloy-tuloy po ang inter-agency task force operations natin as it is a direct order of our president,” he said.

During the recent operation in Tagum City, there were speculations that there was a “priority lane” for the Armed Forces of the Philippines and Philippine National Police and (AFP-PNP) personnel who allegedly invested in Kapa.

Baria, however, reiterated PRO 11 regional director police brigadier general Marcelo Morales’ warning against police investing in this kind of investment schemes.
Morales recently said he has issued a thorough warning against all personnel of the PNP.

“I discourage all PNP personnel to be involved”, he said. Either as an investor or a member, Morales stressed PNP personnel should not be involved.

The Director emphasized that when a PNP personnel is caught involved, he will face administrative sanctions.

“They will be charged administratively. Charged in violation of ethical standards and subordination sa regulation ng PNP”, he said.