Lee Jung-jae's 'Artist' Files Complaint Against A and Four Others Over Alleged Embezzlement and Breach of Trust; Damages Estimated at 680 Million Won [Star Issue]

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Artist Company, in which actor Lee Jung-jae is the largest shareholder, has filed a complaint against five individuals, including former executive A, on charges of embezzlement and breach of trust in the course of business. The amount of damages is in the range of 680 million won.

On the 22nd, Artist Company announced through a public disclosure that it had filed a complaint with the Seoul Gangnam Police Station for violation of the Act on the Aggravated Punishment of Specific Economic Crimes (breach of trust in the course of business).

According to the public disclosure, the complainant is Artist Company, and the respondents are former executive A and four others, totaling five individuals. The amount involved in the breach of trust and embezzlement is in the range of 681.76 million won.

The company stated that the embezzled amount was determined through an internal investigation conducted via a law firm, and may change depending on subsequent investigations by law enforcement authorities and court rulings.

Previously, Artist Company issued a notice regarding executive embezzlement and breach of trust on the 17th of last month, continued its investigation thereafter, and filed the complaint after about one month.

During this process, actor Jung Woo-sun resigned from his position as an internal director with approximately six months remaining in his term.

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*This content was translated by AI.View Original