Chairman Cha Ga-won, Piso after 10 billion won? "Never been sued" [Full Story]

*This content was translated by AI.

Amid reports that CEO Cha Ga-won of Wonhundred was accused of fraud worth 10 billion won, Wonhundred said, "I have never officially received a complaint."

On the 16th, One Hundred issued an official position and denied reports on Chairman Cha Ga-won. One Hundred said, "We announce our official position to correct the facts in relation to the The Fact article reported today. Regarding the collaboration with Company A mentioned in the report, the Company has already clearly stated in October last year that it is no longer possible to continue the collaboration due to reasons attributable to Company A. Since then, the company has been waiting for Company A to organize and finalize other businesses and related procedures that were in progress, he said. "We and Chairman Cha Ga-won have not been formally served with any complaints so far."

"We considered legal action against Company A last year in connection with the issue, but did not proceed with the preemptive complaint process at the time, judging that it could cause unnecessary misunderstanding and confusion. "If the complaint is officially received or the investigation process begins in the future, we make it clear that we will take all legal measures, including counterclaims, to protect our legitimate rights," he said. "We have not committed any illegal acts or unfair disposition in relation to the advance payment, and we would like to inform you that Chairman Cha Ga-won's personal funds to Big Planet Made, One Hundred, and INB100 in the course of the company's operation are much larger than the amount he received as an advance payment." This will be clarified later through legal procedures," he explained.

In addition, the agency said, "We deeply regret The Fact's speculative reports made without sufficient counter-argument guarantees regarding this matter and will consider appropriate responses in the future. We hope that unfounded speculative reports and unilateral claims will not damage the reputation of the company, its artists, and related workers."

Earlier in the day, The Fact reported that leading Enterprise Tech company A filed a complaint with the police last month against CEO Cha Ga-won for fraud. According to this, Chairman Cha Ga-won's charges are confirmed to be fraudulent under the Specific Economic Crime Weighted Punishment Act, and the amount is more than 10 billion won.

Next, the full text of the official position

Hello, we're ONEHUNDED.

Regarding the factual article reported today (16th), we will announce our official position to correct the facts.

Regarding the collaboration with Company A mentioned in the report, the Company has already clearly stated in October last year that it is no longer possible to continue the collaboration due to reasons attributable to Company A.

Since then, the company has been waiting for Company A to organize and finalize other businesses and related procedures.

In addition, the Company and Chairman Cha Ga-won have not been formally served with any complaints so far.

In addition, the company reviewed legal action against Company A last year in connection with the issue, but did not proceed with the preemptive complaint process at the time, judging that it could cause unnecessary misunderstanding and confusion.

In the future, if the complaint is officially filed or investigation proceedings are initiated, we make it clear that we will take all legal action, including counterclaims, to protect our legitimate rights.

We would like to inform you that there has been no illegal act or unfair disposition in connection with the advance payment, and that the personal funds paid by Chairman Cha Ga-won to Big Planet Made, One Hundred, and INB100 during the operation of the company are much larger than the amount received as advance payment. This will be clarified later through legal proceedings.

In addition, we deeply regret The Fact's speculative report, which was made without sufficient assurances of counter-argument in this regard, and will consider appropriate responses in the future.

Finally, I hope that unfounded speculative reports and unilateral claims will not damage the reputation of us, our artists, and related workers.

Thank you.

One Hundred Dream

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*This content was translated by AI.