ASIAPOP BFF

Three former managers that worked at YG Entertainment have reportedly stolen around $2 million dollars from various performers' payments and concert fees.

Seoul Center Court reported that these ex-managers took the performers' payments and put the money in bank accounts with fake identities. They used the money for their daily needs and for entertainment expenses such as clubbing and drinking.

The court is also charging three club owners related with Yang Hyun Suk. These club owners are charged for not paying the right amount of taxes they should have paid; they avoided $1 million worth of taxes. The three owners have collected club entry fees in cash for 4 years to spend it for their own good. The tax agency first reported this problem and detectives have been secretly investigating YGE for months.

The court hasn't charged the managers yet, but the police have gathered substantial evidence to confirm that such corruptions have taken place.

When will this chain of controversies ever end?

Post By: -SaraH-