Media Outlet Reveal Insiders Committed Fraud Using Big Hit Entertainment’s Name

[JihyoStoleMyHeartAYAYAY]

Insiders have been scamming various companies by acting as Big Hit’s affiliates.

Insiders revealed that several production companies were scammed by insiders pretending to be affiliates of Big Hit Entertainment.

By using the popularity of BTS, individuals known as ‘K’ and ‘D’ reportedly forged Big Hit’s documents and logos to scam victims into investing funds over 5 billion KRW (~4 million USD) in upcoming BTS concerts in Indonesia, Hong Kong, Vietnam, etc.

‘K’ was also known as someone involved in a celebrity scandal in the past regarding illegal prostitution.

The victims also mentioned that they were to keep the investments and concerts private after signing the contract.

An actor known as ‘A’ was also reported to be a part of the scams as ‘A’ and his manager met with Chinese investors during a BTS concert in Thailand. They pretended to be a part of Big Hit and received around 800 mililon KRW (~680,000 USD) in investments. It wasn’t until early this month that the investors realized that the concert was a scam. They however, were not able to receive the amount of their investment.

 

Fraud in the entertainment industry has been happening for many years. In 2014, an entertainment CEO scammed victims to invest in Lee Min Ho’s photo shoot and promised to give half of the proceeds to them.

In 2015, music director ‘H’ and former agency CEO ‘K’ scammed investor ‘L’ to invest in EXO’s China concert as well.

Big Hit Entertainment has yet to respond to the claims.

cr: koreaboo / star today

 

[satoori]

for more background, i think this is related to this

 

[JihyoStoleMyHeartAYAYAY]

1 minute ago, satoori said:

for more background, i think this is related to this

 

 

oh didnt saw that one. my bad. 

[Nev Schulman]

This one has a hint of K tho

[Crescentdo]

3 hours ago, Nev Schulman said:

This one has a hint of K tho

A Korean actor's name starts with K?

[Nev Schulman]

1 hour ago, Crescentdo said:

A Korean actor's name starts with K?

I don't know but the hint I was speaking of is about the K person mentioned in the article as K. This article mentions that he was involved with a previous prostitution scandal so, and I am not even sure K is the actor