8 foreigners, 12 Filipinos arrested in Makati over ‘investment scam’
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Marketing firm ProCap International holds a ‘Galaxy Night’ at the Dusit Thani Hotel in Makati on October 15, 2023, prior to an “entrapment operation” by operatives leading to the arrest of 20 people related to the company.
Courtesy of Presidential Anti-Organized Crime Commission
Authorities go after Professional Capability International Inc. (ProCap) during the company’s gala night on Sunday, October 15. ProCap’s lawyer Vitaliano Aguirre II says his client is ‘just a marketing arm’ and not involved in soliciting investments.
PAMPANGA, Philippines – Twenty people have been arrested in connection with an alleged investment scam, in a joint entrapment operation by authorities during a gala night of marketing firm Professional Capability (ProCap) International Incorporated in Dusit Thani Hotel in Makati on Sunday evening, October 15.
Based on the initial report obtained by Rappler from authorities, 12 Filipinos and eight foreigners – five Singaporeans, two Malaysians, and a British – who were allegedly directors, employees, and agents of ProCap were taken into
