Lee has denied all allegations.
Koreaboo
Famend actor Lee Jung Jae — greatest identified for his position within the world Netflix hit Squid Recreation — is presently beneath scrutiny as he faces severe fraud allegations.
The Seoul Gangnam Police Station has confirmed that they’re investigating a grievance filed towards the actor and Park In Kyu, former CEO of WYSIWYG Studios, beneath the Particular Financial Crimes Act. The case has reportedly been beneath investigation since June.
The grievance was lodged by Kim Dong Rae, CEO of the drama manufacturing firm RaemongRaein. Kim claims that Lee and Park misled him into believing that their involvement as main shareholders would drastically profit his firm’s development. Performing on this perception, Kim transferred his shares to them. Nonetheless, he now alleges that after buying the shares, Lee and Park tried to push him out of the corporate’s administration.
Kim additional contends that regardless of an settlement for joint administration, which was supposedly documented of their contract, Lee and Park didn’t honor this promise. As a substitute, he accuses them of focusing solely on buying one other listed firm, Chorokbaem Media, utilizing 20 billion gained in money from RaemongRaein. In accordance with Kim, this acquisition was prioritized over the expansion of his personal firm, which had been the unique intention.
In response to those accusations, Lee Jung Jae has countersued Kim for making false accusations and fraud. Lee’s authorized staff maintains that the contract in query explicitly said that it was a deal involving the switch of administration rights, which they argue refutes Kim’s claims.
The investigation is ongoing, with each Lee and Park anticipated to be questioned by the police quickly. The case has attracted important consideration because of Lee Jung Jae’s excessive profile within the leisure business.
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