THE BOYZ File Lawsuit Against ONE HUNDRED CEO Cha Ga Won For Embezzlement
THE BOYZ have filed a lawsuit against their agency CEO, Cha Ga Won, alleging embezzlement of approximately $20.4 million USD.Summary
THE BOYZ have initiated legal action against Cha Ga Won, the CEO of their agency, ONE HUNDRED, accusing her of embezzlement under the Act on the Aggravated Punishment of Specific Economic Crimes. This lawsuit follows a previous injunction filed by nine members of THE BOYZ to suspend their exclusive contracts, citing unpaid earnings and breach of contract. The police previously conducted a search and seizure of Cha Ga Won’s companies on April 3rd, investigating suspicions that she fraudulently collected advance payments from artists without fulfilling related business proposals. The total amount allegedly lost due to her actions is estimated at ₩30.0 billion KRW (approximately $20.4 million USD). Cha Ga Won is currently facing multiple legal complaints.
(Source：Koreaboo)