[Official] Lee Seung-gi's side: "Rental contract expires tomorrow (6th); will take strong action if 10.5 billion won deposit is not returned"

*This content was translated by AI.

Singer and actor Lee Seung-gi reaffirmed his firm stance one day before the expiration of a 10.5 billion won rental contract with Cha Ga-won, chairman of Piak Group and CEO of One Hundred Label.

According to StarNews' investigation on the 5th, the expiration date for the rental contract of Lee Seung-gi's villa in Hannam-dong, Yongsan District, Seoul, is tomorrow, the 6th.

Regarding this matter, Lee Seung-gi's side told StarNews, "We received a promise from Cha Ga-won and her husband to return the rental deposit by the contract expiration date or the move-out date."

They added, "If they break their promise again this time, we will take strong civil and criminal legal measures as deemed necessary."

Previously, Lee Seung-gi signed a 10.5 billion won rental contract for a villa in Hannam-dong, Yongsan District, Seoul, owned by the couple Cha (CEO) in 2024. Subsequently, Lee Seung-gi's side claimed that Cha (CEO) demanded a rental fee more than three times higher than market value, while Cha (CEO) countered that Lee Seung-gi requested a rental contract instead of receiving an exclusive contract fee as collateral to avoid tax burdens on multiple properties.

As the two sides are in sharp conflict over the rental deposit, Cha (CEO) was arrested on the 3rd on suspicion of fraud involving approximately 30 billion won.

Cha (CEO) is accused of proposing a business using intellectual property (IP) of artists under their agency to Knowmerce Co., Ltd., signing a contract, and receiving an advance payment of 24.2 billion won, but failing to proceed with the promised business as agreed. The scale of damage is reported to be around 30 billion won. However, Cha (CEO)'s side completely denies the allegations, stating they arose during an adversarial mergers and acquisitions (M&A) process.

Additionally, Cha (CEO) is also accused of proposing to acquaintances that they sign rental contracts using houses in their own names, receiving approximately 5.4 billion won in deposits, and then failing to fulfill the contracts.

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*This content was translated by AI.