Ken Chan. Image: Instagram/@akosikenchan Ken Chan broke his silence on the syndicated estafa filed against him, stressing that he actually put up a business and did not just “solicit” money. The actor addressed such accusations through an official statement released on his Instagram page on Thursday, Nov.

14. Chan began by admitting that his and his partners’ café business, which had three branches, suffered financial losses and shut down. “Hindi po ako nanloko ng tao, naitayo po ang negosyo ngunit hindi ito nagtagumpay,” he said.

(I did not deceive people. We put up the business but it failed.) “Hindi po dahil ito ang amount na isinampa laban sa akin ay ito na ang buong katotohanan,” he continued, apparently referring to the P14 million the complainant allegedly invested in the actor’s business.

(Just because they stated a certain amount in their complaint does not mean it’s the truth.) “Sasabihin ko po nang buong-buo ang actual na numero at detalye na masyado nang naging exaggerated dahil sariling panig pa lamang ng complainant ang inilabas nila,” he added. (I will reveal the actual amount as well as the details that they exaggerated in the statements they released.

) Chan then vowed to disclose further details on the matter, lamenting how some people have been aiming to ruin his reputation since 2023. He also noted that he did not immediately respond to the accusations because he has already taken legal action on the matter. “Kaunting panahon po at.