Kim Sun-ho, who collected the settlement money through a 'family corporation'..Fantagio drew a line [Star Issue]

*This content was translated by AI.

Fantagio drew a line over the controversy over actor Kim Sun-ho's receipt of "settlement money" through a single-person corporation.

The agency Fantagio said to Star News on the afternoon of the 3rd, "It is correct that Kim Seon-ho has temporarily been settled (from his previous agency) since the establishment of the corporation in January 2024."

In January 2024, Kim Sun-ho was working at Salt Entertainment. Since then, he moved to Fantagio in March of that year as his exclusive contract with Salt Entertainment expired in February last year.

Fantagio's explanation seems to have been passed on to his former agency. The former agency is said to have expressed its position, saying, "I just deposited the settlement money to where the actor requested it."

In addition, Fantagio explained in a statement on the 2nd, "As (Kim Seon-ho) moved to Fantagio, the actual business activities have not been carried out since about a year ago and is currently in the process of closing down the business in accordance with related laws and procedures." This is 2025 when Kim Sun-ho signed an exclusive contract with Fantagio, clearly revealing the timing of the suspension and distancing himself from Kim Sun-ho's single-person corporation.

However, there is no clear point regarding the alleged tax evasion of Kim Sun-ho. Kim Sun-ho is suspected of establishing a performance agency based on his "home" in Yongsan-gu, Seoul, and creating a paper company by listing himself as the CEO and his parents as internal directors and auditors. This not only caused the possibility of bypassing income, but also suspicions such as breach of trust and embezzlement that Kim Sun-ho's parents received salaries of millions to tens of millions of won through corporate banks and used corporate cards for living and entertainment expenses.

On top of that, Fantagio's explanation of "shutdown" was added, and it was pointed out that he had "self-inflicted." Lawyer and accountant Kim Myung-kyu said on social media on the 2nd, "If there were no business activities, there should be no business expenses." If the corporate card is scratched and the salary is paid to the parents during the year when the business is stopped, the money becomes non-business expenses (provisional payments) under the tax law. He pointed out that the agency opened up room for itself to be interpreted as a private embezzlement and breach of trust in corporate funds.

In addition, controversy is heating up as Kim Sun-ho admitted to receiving the settlement money without registration of the pop culture and arts planning business.

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*This content was translated by AI.