Ken Chan Issues Official Statement Regarding Syndicated Estafa Charges

Here’s the official statement of Ken Chan regarding the charges against him.

Kapuso actor Ken Chan has this statement over the syndicated estafa complaint filed against him by a former business co-investor.

Previously, Kapuso actor Ken Chan was served with arrest warrants along with other co-accuses because of the alleged investment scam that involved an amount of Php 14 million.

However, police failed to serve the arrest warrant on Chan as he was not in the country when the charge was made. As per the complaint, he asked for Php 14 million from his client as an investment in his restaurant with the promise of a 10% monthly interest. 

Recently, the actor finally broke his silence about the matter. In a lengthy post on his Facebook account, the actor spoke up on the issue.

About the issue

In his statement, the actor denied scamming anyone. According to him, their business Café Claus materialized, however, it did not reach success. They were able to put up three branches but closed down eventually because it failed.

He was prompted to speak his side as details online, for him, have become exaggerated because only their side was aired. He did not ask for any amount and shared that one of the big factors that their business has failed was because of the other business partners who planned for its failure and continued to do things to tarnish his name.

He expressed that he maintained his silence because he was already addressing the issue through the legal process. The actor promised to release more details in the proper time behind the failure of the business.

For now, he just wanted to clarify that he is not running away from the charges against him.

Chan wrote, “Lumalaban po ako at hindi tumatakbo palayo sa isinampang kaso sa akin. Mahigit isang dekada kong pinaghirapan ang aking career at hindi dahil sa akusasyon ng iilan ang magtatapos ng napakagandang future na inilaan para sa akin ng Panginoon.” 

Read the full statement below:

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