00:00There is a pending warrant of arrest that was issued to him along with his co-accused.
00:10So the warrant was not served and they are still looking for him.
00:15What is the exact case that was filed against him?
00:20He and 7 more co-accused were charged with syndicated estafa under Article 315 of the revised penal code.
00:33They have a pending case and it is already in the court and there is a pending warrant of arrest.
00:39What are the basic details of why he was charged with estafa?
00:45Basically, there is a complainant who, according to the complaint, was denied an investment by Ken Shan.
00:54They were not authorized to solicit investments from the public.
01:00And using misrepresentations and fraudulent schemes, they were able to get money from the complainant.
01:09And because of that, he was charged with syndicated estafa.
01:12How many complainants were charged?
01:17In this case, there is only one complainant.
01:22I don't know if there are other complainants against them.
01:26But in this case, there is only one complainant.
01:31And more or less, the money involved is around Php 14 million.
01:37One Php 14 million?
01:40I think, based on the complaint, there are two complainants.
01:46It's a matter of less than a year.
01:50And there is only one complainant?
01:52There is only one complainant.
01:53We don't know if there are other complainants.
01:56We don't know.
01:59There are 8 people charged with Ken Shan?
02:02There are 8 people charged with syndicated estafa.
02:04The case is non-bailable.
02:06Attorney, what is the relationship between the complainant and Ken?
02:09How did he find out? How did he invest?
02:13It's a long story.
02:15Of course, I cannot talk about the merits of the case.
02:18Because we are barred by the sub judice rule.
02:21It's already in the court.
02:23We just tried to serve the warrant.
02:27Actually, this is the second time we tried to serve the warrant.
02:32Why was the warrant not served?
02:34We tried to serve the warrant for the second time.
02:36He did not see it.
02:37Because he was not there.
02:38But the other people with him, did they also serve the warrant?
02:41No, they were not there.
02:44There is information that he is outside of the Philippines.
02:47We cannot verify, but we are doing everything to serve the warrant.
02:52But the other people with him, all of them did not show up?
02:56They did not show up.
02:58Were there also showbiz or businessmen with him?
03:04As far as I know, Ken is the only one.
03:07Actually, I don't know if he is a showbiz artist or not.
03:10Attorney, are they a corporation?
03:13Were their companies registered in the SEC?
03:17Yes, there is a corporation.
03:19But it is not authorized to solicit investments from the public.
03:23Has this been going on for a long time?
03:26I cannot confirm that.
03:28I cannot confirm that now.
03:31I cannot confirm that now.
03:34I am sorry.
03:35Sir, this is just the basic information.
03:37We just want to know if the restaurant investment is scam.
03:40Yes, I think that is also a news.
03:44There is a restaurant.
03:47It involves the restaurant business.
03:50When the restaurants open, they will be with the person.
03:54Attorney, who received the warrant of arrest?
03:57There is no one here with him.
04:00What will happen after this?
04:03What will be the next step?
04:05I cannot say what we will do as lawyers.
04:09They do not want us to continue.
04:11We will be burned.
04:13Who was with him when the warrant of arrest was served?
04:15We have a law enforcer.
04:17But it is clarified that he was not served, that he was not received.
04:21No one was received?
04:22No one was received.
04:24Sir, when was the first warrant served?
04:26I am not sure.
04:27But I am not sure when the warrant was issued.
04:30Less than a month ago.
04:31Here?
04:32Yes, here.
04:33Attorney, because the warrant was not served and no one was received,
04:36because there are talks that Genshan is abroad,
04:39what will happen if he returns to the Philippines?
04:43The warrant will be served immediately.
04:44But this will be reported to the court.
04:46But what if he does not return?
04:50We will wait for him to return.
04:52Of course, we have other things to do.
04:54But we cannot say.
04:56Do you have a request from the Bureau of Immigration?
04:59Of course, we will do everything to give him a chance to face the case.
05:05Sir, one last question.
05:06Will the investor directly talk to Genshan?
05:13Yes.
05:14So the money will go to him as well?
05:16To him as well.
05:17When did that happen?
05:18In 2020, when the transaction started.
05:22The case was filed in 2023.
05:24Attorney, what can you discuss?
05:27What violations can Genshan face?
05:30And what is the solution?
05:32This is the last one.
05:33The case is syndicated as TAPA.
05:36This is a non-bailable offense.
05:40Those who are facing this case can be jailed.
05:45This is a reclusion permit.
05:48There is no negotiation to settle the case out of the court?
05:55As far as I know, there is no negotiation.
05:58We, as lawyers, are focused on the legal process.
06:02The negotiations are complete.
06:05What is your full name?
06:06My full name is Atty. Joseph Noel Estrada.
06:09Atty., you said your client has P14,000.
06:11There is a ballpark figure.
06:12How much is that?
06:13P14,000,000.
06:14How much is that in total?
06:16For us, for the complainant that we represent, that is P14,000,000.
06:21Do you have an estimated total?
06:24Do you have an idea?
06:25His total is P14,000,000.
06:29Atty., one last question.
06:30Can we know the name of the complainant?
06:34He's just a worker.
06:37He's also an artist?
06:38No, he's not.
06:39He's a businessman?
06:41Yes, he's a businessman.
06:42He's just a woman?
06:43Yes, he's a woman.
06:44When was the case filed?
06:46I think it was filed on July 20, 2023.
06:52July 20, 2023.
06:54QC or TC?
06:56No, no. Of course, in the fiscal year.
06:58Oh, fiscal year.
06:59QC.
07:00When was the case filed?
07:03QC.
07:04QC?
07:05Yes, QC.
07:06Atty., did you try to talk to GMA 7 about Kenshan's career?
07:11No.
07:12As a lawyer, we're in the legal process.
07:16I can't confirm if we've talked to them.
07:19And the company has no liability where he can apply?
07:23I would expect that for now.
07:25We're just focused on the case.
07:27For example, if Kenshan is going to pay the 14M,
07:30can he make a compromise?
07:32Can he not serve his warrant?
07:34I don't want to be the first to complain,
07:36but for now, we just want him to serve his warrant
07:40so that he can apply.
07:41Of course, it's up to the complainant to decide
07:45how to settle the debt, the civil liability.
07:48But as far as I'm concerned, we're just focused on the case.
07:53Are you open for a makeable settlement with your clientele?
07:57I'll ask after this.
07:59I wouldn't second-guess.
08:01Atty., what is your commitment to the investment?
08:03Will the restaurant refuse?
08:05Well, just like usual investments,
08:10we promised a big monthly interest.
08:14That's why we always say,
08:17the public will be careful.
08:19If it's too good to be true, then it probably is.
08:22But there's news, Tony, that the complainant said
08:25that it's a loss.
08:26So, what will you do?
08:28It's easy to say it's a loss,
08:31but if he asks for money, he'll keep promising.
08:34It's very easy to say.
08:36So, I won't say that I have a case,
08:40but I think we should proceed with the right process.
08:45And the fiscal year was seen,
08:47that it should be raised to the corner.
08:48So, I think there's enough.
08:50Thank you so much.
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