According to China Times, the scandal began when a female fan came forward, revealing that Zhang Ruofan borrowed 300,000 TWD in June 2024, citing his boyfriend’s hospital. The refund came six months late. But that was only the tip of the iceberg.
Chang would also borrow 600,000 TWD under the name of his company and 1 million TWD personally by Hua Nan Bank. After not being able to reimburse, the bank sued him for 1.32 million TWD. By adding fuel to the fire, a livestreaming platform asks her 360,000 TWDs from her.
Faced with an immense reinforcement, the singer has finally broken its silence on August 16 through social media, admitting the post-apandemic financial collapse. “Before Covid, I could earn and support my family. I thought I would always be able to make money, so I spent freely”, He wrote.
But when the pandemic hit, the income dried up. “My mother’s disease, my grandmother’s medical needs and exceptional loans overwhelmed us”, He confessed.
In a deeply personal message, Zhang revealed his complicated family background, saying that his mother was a great woman a day when she was raised by her grandmother (on the side of her mother) despite being the son of her father with another woman. He admitted that he tried to prove herself, but took on too much, ignoring the warnings from those around her.
Zhang concluded his post with apologies to friends and supporters, but did not clarify how he intends to solve debts. Since then the comments on his post have been disabled.
The scandal made comparisons with the previous financial dramas of the celebrities in Eastern Asia. Many Netizen feel betrayed, in particular those who have supported him emotionally and financially.
Sources: China Times
