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'$30 billion fraud' One Hundred CEO Cha Gawon is arrested and sent to prosecutors on suspicion of stealing $24.2 billion

'$30 billion fraud' One Hundred CEO Cha Gawon is arrested and sent to prosecutors on suspicion of stealing $24.2 billion

By posing as an IP business for entertainment artists, he allegedly pocketed a $24.2 billion advance payment, with signs of “round-robin” repayment of existing debts
The peak of a $30 billion-claimed fraud scandal that has sent shockwaves through the entertainment industry is now facing judgment in court. The CEO of the famous entertainment agency 'One Hundred Label,' 'Cha Gawon,' has been arrested and sent to the Seoul Central District Prosecutors' Office on...
Court Grants Provisional Measures Request, Halting Effects of Exclusive Contract Termination for Nine Members of The Boyz… Acknowledges Break in Trust With Agency

Court Grants Provisional Measures Request, Halting Effects of Exclusive Contract Termination for Nine Members of The Boyz… Acknowledges Break in Trust With Agency

Ahn Neúl excluded, Sangyeon, Jacob, Younghoon, Hyunjae, Juyeon, Kevin, Q, Sunwoo, and Eric all win The court: “Recognizes violations including failure to pay settlement money and breach of the duty to provide settlement-related materials… restoring trust is impossible” The Hundred side: “This is only a temporary order. We will file an objection promptly” The KSPO dome concert scheduled for the 24th to 26th will proceed as planned to keep promises with fans
Of the 10 members of the group THE BOYZ , nine were accepted in court for a provisional measures request to suspend the effect of their exclusive contract with their agency One Hundred Label. As a result, the members can carry out independent activities without the agency’s restrictions until a...
THE BOYZ, in contract dispute with former agency, reaches turning point after April victory ... Nine members unite under SevenEight Records

THE BOYZ, in contract dispute with former agency, reaches turning point after April victory ... Nine members unite under SevenEight Records

Contract with newly established SevenEight Records formalized on the 14th, with separate management for individual and group activities
THE BOYZ, past legal dispute behind them, opens second chapter with a "together and apart" strategy THE BOYZ, which signaled plans to pursue an independent path after winning a dispute over its exclusive contract, is opening a new chapter at the newly established label SevenEight Records.
EXO’s Chen, Baekhyun and Xiumin challenge agency chief accused of 30 billion won fraud as unpaid settlements spark crisis

EXO’s Chen, Baekhyun and Xiumin challenge agency chief accused of 30 billion won fraud as unpaid settlements spark crisis

Injunction hearing set for the 7th as Lee Seung-gi, The Boyz and others join exodus Chen, Baekhyun and Xiumin, members of the group EXO, have taken legal action against their current agency, INB100, by seeking an injunction to suspend the validity of their exclusive contracts.
3 Picks to Watch Amid the Blockbuster Storm: Family, Battlefield and Revenge

3 Picks to Watch Amid the Blockbuster Storm: Family, Battlefield and Revenge

Although the heat dome largely spared the Korean Peninsula, cinemas are in the grip of a box-office storm. 〈Spider-Man: Brand New Day〉, which opened July 29, and 〈Odyssey〉, which opened August 5, have each surpassed 7 million and 6 million viewers respectively, and have fueled the summer box...
'300 Billion Won Fraud' Cha Gawon Seeks Third Arrest Warrant Request... Will Prosecutors Again Reject It?

'300 Billion Won Fraud' Cha Gawon Seeks Third Arrest Warrant Request... Will Prosecutors Again Reject It?

Allegations of embezzling a 24.2 billion won advance payment and a 5.4 billion won jeonse scam... Defense attorney pushes back, saying the police carried out unlawful investigations
"Hundred Label" Cha Gawon faces 300 billion won fraud allegations... Eyes on police pressure for a third arrest warrant Police have taken the extreme step of pursuing a third arrest warrant against Cha Gawon, the representative of "Hundred Label", an entertainment agency accused of fraud on a...
Revisiting The Scam's Memorable Lines in the KOSPI 7,000 Era

Revisiting The Scam's Memorable Lines in the KOSPI 7,000 Era

The days when the word 'stock' would make you think of 'rice' or 'a bowl of rice' are over. Since the KOSPI crossed 7,000 on May 6, this is an era in which everyone invests in stocks rather than thinking of 'rice' or a meal.
Eight Film Buffs? Filmographies of the Eight Actors Who Bring Life to

Eight Film Buffs? Filmographies of the Eight Actors Who Bring Life to "Everyone Is Fighting Their Own Sense of Worthlessness" (aka Mojamussa)

There are dramas that make you sympathize more with the supporting characters than with the protagonist. 〈Everyone Is Fighting Their Own Sense of Worthlessness〉, nicknamed "Mojamussa" , centers on a group of eight filmmakers.
Lee Seung-gi Notifies Big Planet Made of Exclusive Contract Termination… Aftermath Includes Unpaid Settlement Funds and Unpaid Staff Wages

Lee Seung-gi Notifies Big Planet Made of Exclusive Contract Termination… Aftermath Includes Unpaid Settlement Funds and Unpaid Staff Wages

In late March, he served notice of termination of the exclusive contract to the agency, citing an alleged breach by the agency… He was also denied access to documents needed to verify transparency Since last September, unpaid settlement funds and unpaid costs for on-site staff have been piling up, ultimately shattering trust Amid a wave of departures by affiliated artists including Taemin, THE BOYZ, and VIVIZ, the agency side says, “We are working to restore normal operations.”
Singer and actor Lee Seung-gi has notified his agency, Big Planet Made Entertainment (hereinafter “Big Planet Made”), that he is terminating their exclusive contract, citing reasons such as unpaid settlement funds.
'Solo Stand' Min Hee-jin Launches Independent Label 'OK Records'... Major Announcement Expected on the 5th

'Solo Stand' Min Hee-jin Launches Independent Label 'OK Records'... Major Announcement Expected on the 5th

Official SNS and Website Surprise Opening on the 3rd... Attention Focused on 'Whistle Sound' Teaser
Min Hee-jin, the former CEO of Ador, who is currently in a legal battle with HYBE, has officially launched her independent label 'OK Records' , marking the beginning of her solo journey. On the 3rd, CEO Min Hee-jin revealed the official channels for 'OK Records' (Instagram, X, website) along with...