What did the entertainment magnate declare in response to allegations of fraud involving over 500 billion VND?

On April 10, CEO Cha Ga Won stated that she would fully cooperate with the police investigation regarding an alleged fraud related to a business partnership, amounting to approximately 300 billion wons (over 500 billion dongs). Previously, on April 3, the Financial Crimes Investigation Agency of the Seoul Metropolitan Police Department raided the offices of Big Planet Made Entertainment in the Gangnam district and seized numerous documents related to the case.

According to initial information, the police are investigating suspicions that the company received investment funds without fulfilling its commitments, especially regarding deposit repayments and its financial situation. Data from the seized contracts and phones are being analyzed to determine if funds were misappropriated upon receipt.

Meanwhile, the conflict between Cha Ga Won’s agency and artists is escalating. Legal representatives of VIVIZ have stated that the agency is experiencing persistent payment delays. Additionally, artists like Lee Seung Gi and Taemin have also initiated processes to leave the agency for similar reasons.

Cha Ga Won’s representatives have announced hiring an independent audit firm to review finances and that they will closely cooperate with the authorities.

Furthermore, the CEO’s lawyer stated that the court partially granted the request for a publication ban on articles related to her private life with MC Mong. The court ordered the removal of content and screenshots of messages implying a romantic relationship and alleged pregnancy due to privacy risks and defamation.

The case is currently drawing significant public attention due to the substantial investment involved and a series of disputes between the company and the artist, while the results of the official investigation are still being analyzed by the authorities.

Information regarding CEO Cha Ga Won’s case:

Authorities have raided the entertainment mogul’s company accused of embezzling over 500 billion wons. SOUTH KOREA – The case of CEO Cha Ga Won is causing a stir in the entertainment industry, as she is accused of diverting a considerable sum and being involved in a series of financial scandals.

Source: Sports Khan

Source: https://vietnamnet.vn/ba-trum-giai-tri-noi-gi-truc-cao-buoc-lua-dao-hon-500-ty-dong-2505325.html