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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...
Just Before Debut, a 60 Million Won “Scam”… Departure Ban for a Japanese K-Pop Trainee Caught in a Double Contract

Just Before Debut, a 60 Million Won “Scam”… Departure Ban for a Japanese K-Pop Trainee Caught in a Double Contract

Filming a music video, then suddenly vanishing… Police launch a probe into repeated double contracting aimed at smaller agencies
A Japanese trainee in the K-pop debut lineup sparks backlash after a sudden disappearance over a “scam” worth tens of millions of won A meticulously planned “double contract” and a sudden disappearance A Japanese member, poised to debut as a K-pop idol group, suddenly vanished, prompting police to...