Hwang Jung-eum Addresses Embezzlement Claims Over Coin Investment
May 18, 2025
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However, given that it is a corporation with 100% of its own shares, it is a problem to think about whether it is excessive criticism.
On the 15th, Hwang Jung-eum also announced an apology through her agency, Y1 Entertainment. Hwang Jung-eum said "First of all, I'm sorry to have caused so many people's anxiety because of the embarrassment."I've been running an entertainment agency for my entertainment activities. This entertainment company is 100% owned by me, and I've never had a celebrity other than me, and all the profits come from my activities" he explained.
He then said, "I was encouraged by people around me to raise the company's funds through coin investment around 2021, and I jumped into a coin investment that I didn't know very well. It was in the name of the company, but I think I made an inexperienced judgment because it was a profit made from my activities"Although I lost money due to the coin investment, I think it is fortunate that I did not cause any damage to a third party because I held 100% of the company's shares, had no other celebrities, and had no other creditors other than banks that secured collateral."
In addition, Hwang Jung-eum said, `In order to correct the wrong business relationship with the above company, I am currently putting myself in another agency and organizing the business relationship with the above company. We have repaid a large portion of the funds withdrawn from the company in the form of provisional payments by disposing of personal assets, and we are in the process of liquidating some of the unpaid payments. Once again, I'm sorry, and I'll do my best" he said.
Of course, it is correct that Hwang Jeong-eum's actions are legally embezzlement. However, it is controversial whether the issue will be criticized enough to prevent excessive activities. The company in question is Hunminjeongeum Entertainment, named after Hwang Jeong-eum. Since Hwang Jung-eum holds a 100% stake, all sales, including capital, are made up of Hwang Jung-eum's activities. The investment of 4.2 billion won also explains that the corporation temporarily invested in its own name because it could not hold coins, and Hwang Jung-eum has to bear not only the company's profits but also the deficit. Since it is not a listed company, there is little possibility of other victims.
There are many voices that it is too much to criticize Hwang Jung-eum's SUV, which was revealed in 'SoloRa'. This is because the activities he has done so far have generated a lot of profits, and the failure to invest in coins is also his responsibility. Hwang Jung-eum also said "We have repaid some of the damages by selling some of the coins, and we plan to reimburse the remaining amount through real estate disposal."
Most stars set up private corporations due to tax problems. This is because corporations are more advantageous in terms of taxation on profits from entertainment activities. Investment in real estate such as buildings is also more advantageous, so corporations are used, which is not illegal. Hunminjeongeum Entertainment also includes real estate rental as well as management in the industry.
SBS Plus and T-Cast E-Channel Entertainment', which Hwang Jung-eum used to be the MC and raise stock prices, is also agonizing over whether to edit after filming the final episode. For Hwang Jung-eum, challenges are building up.
star77@sportschosun.com