Too good to be true

Investmentenvelops the promise of providing financial security and income but all hope fell for the KAPA Community investors when President Rodrigo Duterte challenged the corporation’s legitimacy.

“When it is good to be true, it is fraud,” Duterte said in June as he ordered the National Bureau of Investigation (NBI) and the Criminal Investigation and Detection Group (CIDG) to probe and shutdown KAPA-Community Ministry International and other similar groups for alleged involvement in investment scams. About a month later, the President successfully ended these “scams” and this might have been a win for the government, but obviously not for the people.

With a promise of 30% growth in donated money per month, no wonder the president thinks it’s a scam and considers it a Ponzi scheme, an investment program that offers impossibly high

Discussion

returns and pays investors out of the capital contributed by later investors. And although the Civil Code of the Philippines doesn’t prohibit “donations” because it is a voluntary transfer of possession without any consideration and is considered a gift, the assurance of growth in donated money renders the scheme a sham. It would have passed if not for the written promise.

A grade 12 student of Sta. Cruz National High School said that he paid-in his savings of several years so he had money for college. Similar stories like this are numerous; people losing their money to these investments after the president forced them to shutdown. But would these corporations stop generating money for its investors even if the president did not get involved?

Pastor Joel Apolinario, the organization’s leader, claims that KAPA has been operating for six years and boasts of a diverse portfolio of businesses to sustain its promises to its investors. However, the Securities and Exchange Commission (SEC) said that majority of the businesses are newly registered sole proprietorships which are unlikely to have generated billions.

“No one, no bank, not even the Bank of America can afford to pay you Php 30, 000 every month for your Php 100, 000. That is why NBI, close everything and bring them [to jail] upon my orders.” Duterte said in Filipino.

No matter what the reason for these investors loss is, whether it was due to the government’s interference or the corporation’s inability to sustain in the first place, people must always remember to only risk what they can afford to lose.

Only risk what they can afford to lose.

DO YOU PREFER TO WEAR CIVILIAN ATTIRES OR UNIFORM IN SCHOOL? WHY?

I prefer to wear my uniform. Aside from my own safety as a student, it also helps me in controlling the amount of dirty clothes I produce every week. I can repeat my uniform while I can’t do it when I’m wearing civilian attires. Aside from this, the school would consider me as a student of the institution because there have been cases of gangs entering school without wearing a proper dress code.

When I’m dealing with matters concerning school, I prefer to wear civilian attires because I can move freely with it. Uniform can offer limited actions because I’m wearing a skirt. It is very convenient for me and I am able to listen on class discussions because I feel comfortable. Unlike when I’m wearing uniform, I found myself distracted and not comfortable to be attentive in class.

Wearing uniform. I can’t decide which clothes to choose when I wear civilian attires and it takes my time so I arrive late in school. It is very decent to look like ‘professional’ when people see you. It is clean to look at and to ensure safety as well.

I usually go with civilian attires because I’m more comfortable with it. It also helps me in keeping up with fashion and trend. Uniforms are good, but sometimes, we need to find for our comfort zone. But, wearing civilian should be in moderation. Whatever will be the dress code, we should still abide the rules of the institution.

I prefer to wear my uniform. Let's be practical. I can save money because there are fare discounts for students (especially when you wear a uniform). I feel like I'm a good student because going along with the rules and regulations of the school will give you a good image. Wearing civilian attires is convenient, yet, it needs moderation.