Police efforts to serve a warrant of arrest for actor Ken Chan at his Quezon City home on Friday were unsuccessful, as the actor was not present, and authorities are currently unaware of his location. The arrest warrant relates to charges of syndicated estafa, a non-bailable offense under Article 315 of the Revised Penal Code, carrying a penalty of lifetime imprisonment.
The complaint, filed by a businessman in his 40s to 50s who wishes to remain anonymous, alleges that Ken and seven others were involved in an investment scam, soliciting P14 million under false pretenses. Atty. Joseph Noel Estrada and Atty. Maverick Romero, representing the complainant, confirmed that Ken and his co-accused lacked the necessary authorization to solicit investments.
“Using misrepresentation and fraudulent escapes, they obtained money from the complainant,” Estrada said. He also noted that the investment transactions allegedly occurred in two payments within a year.
Police previously attempted to serve Ken with the warrant in September, but he was also absent at that time. Meanwhile, Ken has posted images of New York on his Instagram Stories, though the dates of the photos remain unclear.
On Fast Talk with Boy Abunda, host Boy Abunda mentioned that other individuals may have filed additional cases against Ken, saying, “We are closely monitoring the story, and we’ll share updates as soon as they are available.”
The alleged investment scheme reportedly began in 2022, with the formal complaint filed in 2023. Ken’s team has declined to comment on the situation.