Toy collector Yexel Sebastian, along with his partner, Mikee Agustin, has been under the spotlight recently due to their involvement in an alleged investment scam amounting to P200 million.
As the controversy unfolds, Yexel Sebastian has come forward to deny these allegations and has expressed his frustration over what he calls “fake news.”
The Bureau of Immigration confirmed that Yexel Sebastian and Mikee Agustin left for Japan on October 9, 2023. This departure coincided with allegations surrounding their involvement in the investment scam. It’s essential to note that this trip to Japan was legitimate, as there were no ongoing legal proceedings or complaints against them.
Yexel Sebastian took to social media to address the allegations against him and his partner. He urged the public not to believe the “fake news” surrounding their case. He emphasized that they have not been charged with any crimes and that they left the Philippines in accordance with the law. He also highlighted the importance of due process and that everyone is entitled to it.
However, Yexel’s plea was met with mixed reactions from the public. Some voiced their support and understanding, while others continued to call for his and Mikee’s return to the Philippines to face the issues at hand. Additionally, those who claim to be defrauded investors expressed their frustration and disappointment.
The situation became more complicated when an individual named Von Seki made a public call on social media, offering a reward for information leading to the whereabouts of those involved in the alleged fraud. This further intensified the controversy.
It’s worth noting that Yexel and Mikee’s departure from the Philippines took place before any complaints were formally filed by the investors who felt they were deceived by the couple’s enticing investment promises, specifically involving a casino junket.
As the controversy unfolds, Yexel Sebastian and Mikee Agustin remain adamant in their claim of innocence, citing their departure as a legal and justified move. They assert that no charges have been filed against them and that they are entitled to due process. The situation continues to evolve as more information comes to light, and the controversy surrounding the alleged investment scam deepens.
