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Mimiirose’s CEO Alleges He Was Scammed Out Of 8.4 Billion KRW And Has No Cash To Promote The Group

“I would like to advertise my lady group, however I don’t have cash…”

Mimiirose’s company has launched an announcement relating to the group’s future.

Mimiirose’s Company Releases Assertion Concerning The Group’s Future Amid Information Of Monetary Hardship

Legendary singer Im Chang Jung, who’s the CEO of YESIM Leisure, which homes idol group mimiirose responded to allegations of inventory manipulation by claiming he was additionally scammed and now has incurred ₩6.00 billion KRW (about $4.49 million USD) in new debt.

Im Chang Jung |

On April 26, Im Chang Jung revealed in an interview with JTBC that he was a sufferer of a rip-off and shared how he was manipulated into investing with the alleged scammers.

They stated they solely spend money on corporations which have a really low market cap relative to the businesses’ revenues. How is that inventory manipulation? I believed they had been doing one thing cool. and thought they had been actually sensible. I didn’t even know which business they had been investing in, however I simply noticed the graphs and was informed how a lot the businesses made, so I opened two accounts with them.

— Im Chang Jung

The singer then said that in addition they left their identification with the scammers, and regardless of investing ₩3.00 billion KRW (about $2.24 million USD), he had accrued a ₩6.00 billion KRW (about $4.49 million USD) debt because of the alleged scammers utilizing his credit score to borrow more cash from the financial institution.

I believed (leaving my identification with them) was their rule and opened a private account. As a result of I used to be informed, that’s how folks with cash develop their wealth. Nonetheless, I solely invested ₩3.00 billion KRW (about $2.24 million USD), however I had purchased ₩8.40 billion KRW (about $6.28 million USD) via my credit score. They wouldn’t present me the transactions. That was yesterday. I used to be informed that somebody had betrayed us.

— Im Chang Jung

Im Chang Jung then revealed that he had no cash to maintain selling his idol group mimiirose.

Tomorrow, my account might be adverse ₩500 million KRW (about $374,000 USD). The monetary firm will quickly put a lien on me and my spouse. I now have a ₩6.00 billion KRW (about $4.49 million USD) debt. I would like to advertise my lady group, however I don’t have cash. I put ₩3.00 billion KRW (about $2.24 million USD) of my cash to pay wages, however it’s all ruined.

— Im Chang Jung

Beforehand, Im Chang Jung was alleged to have engaged in inventory manipulation. The actor who invested ₩3.00 billion KRW (about $2.24 million USD) had one time virtually doubled his funding however lately, the inventory has plummeted. In response to reviews, the singer had beforehand made an look on the alleged scammers’ present and had additionally invested in a golf course that the alleged scammers had bought.

Mimiirose |

In the meantime, monetary authorities are reported to have begun an investigation of the inventory reportedly concerned within the manipulation scheme. The alleged scammers reportedly focused celebrities and different rich people.

You’ll be able to take heed to Im Chang Jung’s interview with JTBC within the hyperlink under.


Supply: wikitree and @JTBC_News/YouTube

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