Joel "Pastor" Apolinario is seeking a Senate seat in the May 2022 elections. He is a founder of religious corporation Kapa Community Ministry International, which is now under investigation for the alleged investment scam.
Apolinario filed his certificate of candidacy on Saturday, October 2 at the Harbor garden Tent in Sofitel Manila, Pasay City.
A certain Danilo Brioso filed a certificate of candidacy (COCO) on behalf of Joel 'Pastor" Apolinario. He will be running as an independent candidate. According to his representative, Apolinario's platform include the creation of jobs through partnership with private sectors and massive construction and development. He will also provide land to the landless and access to quality education through "study now, pay later" scheme.
To recall, Kapa, which started in 2016 as Kapa Coop Convenience Store and General Merchandise in the city of Bislig, was said to be enticing their investors to invest at least P10,000 while promising a 30% monthly return on investment for life.
The SEC said that the investment-taking activity of Kapa constituted a Ponzi scheme, an investment program that offers impossibly high return and pays investors out of the capital contributed by later investors.
Apolinario has yet to to issue statement with regard to his political plan.
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