Proceedings for liquidation of non-payment of 4.3 billion embezzlement Hwang Jung-eum...to do one's best
May 20, 2025
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Hwang Jung-eum's agency, Y1 Entertainment, told Sports Chosun on the 20th that `It is difficult to reveal the specific amount, but it has reimbursed a large part of the amount"We are doing our best to settle the remaining outstanding payments" he said.
Earlier in the day, YTN STAR reported that it repaid about two-thirds of the total embezzlement amount, borrowing the words of Hwang Jeong-eum's legal representative, and plans to reimburse the remaining 1 billion won as soon as possible.
Hwang Jung-eum was reported to have been handed over to trial on charges of violating the law on the aggravated punishment of certain economic crimes on the 15th. Hwang Jung-eum received 700 million won of the funds borrowed by her agency in early 2022 in the name of provisional payments and invested in virtual currency. In addition, he was indicted without detention on charges of embezzling a total of 4.34 billion won in company money until December of the same year.
In response, Hwang Jung-eum admitted his charges and said, `I am sorry for causing many people to worry about something shameful", he apologized. He was encouraged by people around him to raise the company's funds through coin investment around 2021, and he jumped into a coin investment that he did not know very well"It was a fund in the name of the company, but I think I made an immature judgment because it was a profit made from my activities."
"Although I lost money due to the coin investment, 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," he said. "We have repaid a large portion of the funds withdrawn from the company in the form of provisional payments by disposing of personal assets, and are in the process of liquidating some of the outstanding payments."
Meanwhile, Hwang Jung-eum made her debut as a member of the group Suga back in 2001. Afterwards, MBC variety show 'We got marriedHe gained huge popularity for his performances in sitcoms 'High Kick Through the Roof', dramas 'Giant', 'Kilmi Healmi', 'She Was Pretty' and 'Lucky Romance'.
antahn22@sportschosun.com
