Almost a week after reportedly evading his arrest at his home in Quezon City, Kapuso actor Ken Chan took to Instagram to address the controversy alleging his involvement in an investement scam after a business he co-founded closed down due to financial losses.
According to a GMA News report, the celebrity entrepreneur reportedly convinced his client to invest in an alleged restaurant business and promised them a big interest return of up to 10%.
When the establishment unfortunately closed, Chan allegedly hid from his business partners which prompted them to file complaints. Reports revealed that Ken and his other accomplices allegedly solicited ₱14 million from the client.
In his lengthy statement posted on his Instagram page on Thursday night, Ken responded to cases of syndicated estafa and fraud filed against him by a client.
According to the former Abot Kamay Ang Pangarap star, while the business, identified as a cafe named Deer Claus located in QC, was established and expanded, it ultimately failed, resulting in financial losses.
His letter began, “Personal kong babasagin ang aking katahimikan sa kumakalat na version ng kaso na isinampa laban sa akin dahil sa pagkalugi ng itinayo naming negosyo na Café Claus na nagkaroon ng tatlong branches at nagsara.
“Hindi po ako nanloko ng tao, naitayo po ang negosyo ngunit hindi ito nagtagumpay. Hindi po dahil ito ang amount na isinampa laban sa akin ay ito na ang buong katotohanan,” he addressed the complaints, firmly denying accusations of deceive investors.
Ken added that he plans to eventually reveal the full truth and accurate figures, which he claims have been exaggerated by the complainant’s side.
He expressed frustration over the legal approach taken, questioning why the issue was classified as syndicated estafa when, according to him, it should be seen simply as a failed business venture.
“May mga bagay kami na kailangang ipaglaban lalo na kung bakit naisampa ito bilang syndicated estafa, na kung tutuusin ay dapat umiikot lamang sa pagkalugi ng negosyo,” he wrote
“Ako naman po ang maglalabas ng mga detalye sa mga darating na pagkakataon dahil patuloy po ang pagdikdik sa akin ng mga taong gustong sirain ang pagkatao ko. Sa mga hakbang na ginawa nila mula pa noong nakaraang taon hanggang ngayon, makikita ninyo ang intensyon ng mga taong gusto akong pabagsakin,” the actor explained.
“Kaunting panahon po at ilalabas ko lahat ang katotohanan kung bakit nangyari ito sa kumpanya. Hindi po ako nanghingi lang ng pera at nanloko tulad ng akusasyon sa akin,” Ken reiterated his innocence.
:Ako naman po ang maglalabas ng mga detalye sa mga darating na pagkakataon dahil patuloy po ang pagdikdik sa akin ng mga taong gustong sirain ang pagkatao ko. Sa mga hakbang na ginawa nila mula pa noong nakaraang taon hanggang ngayon, makikita ninyo ang intensyon ng mga taong gusto akong pabagsakin.
“Kaunting panahon po at ilalabas ko lahat ang katotohanan kung bakit nangyari ito sa kumpanya. Hindi po ako nanghingi lang ng pera at nanloko tulad ng akusasyon sa akin,” he said, hinting at internal conflicts with business partners, whom he accuses of conspiring to damage both the business and his image.
“Nalugi po ang Café Claus at isa sa malaking dahilan na rin ay dahil sa ilang business partners namin na nagplano para pabagsakin ang kumpanya at patuloy na sirain ang aking pangalan,” stressed Chan.
Chan, who has maintained silence until now, explained that he was handling the matter legally and refrained from public statements to protect the integrity of the proceedings.
“Pinili ko pong manahimik pansamantala dahil sa una pa lamang po ay inilalaban ko na ito legally, kasama ng mga taong nagmamahal at sumusuporta sa akin sa sitwasyon kong ito.”
He also apologized to companies and brands affiliated with him that may have been affected, promising to make it up to them.
“Sa mga Companies at Brands na associated sa akin na naapektuhan sa sitwasyon na ito, paumanhin po sa inyong lahat. Babawi po ako sa inyo. Sa kabila ng lahat gusto kong magpasalamat sa pagsuporta at pag-unawa niny sa akin. Ramdam ko po ang pagmamahal ninyo.”
Reflecting on his career, Ken stated that he has worked hard for over a decade to build his reputation and refuses to let accusations derail his future.
“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.”
He ended his message with gratitude to his supporters, urging them to keep him in their prayers as he faces the challenges ahead.
“At sa mga taong patuloy na nagmamahal at naniniwala sa akin, lalaban po ako. Patuloy po ninyo akong isama sa mga panalangin ninyo,” he concluded.
