Source: Money Today
Park Yoochun's agency is exposing him for embezzlements of company funds.
On the 18th, Riciello CEO A revealed in an exclusive phone call with OSEN, "We won't be lenient and won't be coming to an agreement. We plan to settle this legally."
Recently, Japanese media reported that Park Yoochun and Riciello were in conflict and revealed, "Park Yoochun has been active for two years after reversing his retirement but he has hardly received any payments from his agency so he's suffering from hardship."
Later, on the 14th, Yoochun posted a lengthy post on his Japanese fan page and stated, "I trusted the people around me but the people I believed were on my side abandoned me when they couldn't get what they wanted. I will do my best not to disappoint you."
Riciello CEO A addressed Yoochun's statement on the exclusive phone call and revealed, "Yoochun's position regarding what was reported in Japan and elsewhere is clearly false. It seriously damages my reputation as CEO and company's reputation. Even after he embezzled company money by abusing the corporate card to pay for over 100 million won in personal entertainment expenses, his living expenses and even paid off his personal debts of over 2 billion won, we never took issue or brought it up. He even gave corporate card to his live-in girlfriend to buy luxury bags and used tens of millions of won of company funds for games. Yet the company paid for it and officials suffered for a long time."
"And then about a month ago, I heard Yoochun signed a double contract with a Japanese agency. We stuck with him out of loyalty even after his many scandals but we're not in contact with each other right now. We're sending contents of the lawsuit through a lawyer. We have no remaining contracts or agreements. We've appointed Lee Eun-ui's law office and are preparing for legal action. He not only violated his exclusive contract with us but we're also suffering from his many betrayals by misusing company money after all the trust we placed in him."
Meanwhile, Riciello is a company established by Park Yoochun's manager, who has been with him since his activities with JYJ. After Yoochun left TVXQ, he also helped him recover by actively supporting and investing in his activities. The agency paid for his albums, overseas concerts and movies and even settled his debts and lawsuits so that he could return to the entertainment industry.
- [+941, -6] People just don't change..
- [+309, -47] It's seriously amazing that someone like him has any fans left...
- [+196, -0] He's lived his life like a piece of trash ~~ tsk tsk
- [+94, -2] There are just some people that you can't fix..
- [+86, -1] Why even try to recycle trash that has been thrown out already..?
- [+45, -0] No...the money he earned from such great popularity must've been a lot? How could he have spent all of it already that he's struggling financially right now..???
- [+38, -0] Real trash ba$tard level...
- [+27, -1] The most shocking part of this article is that "the company was founded by Yoochun's manager from his JYJ and TVXQ days to help him recover.." He really backstabbed and slapped someone like him in the face even after he stayed out of loyalty for so long and worked this hard to help him recover..? He's a lost cause..,hul
- [+23, -1] So it was a dine and dash ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ What kind of trash ba$tard ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ
- [+19, -1] Once a trash, always a trash
Additional source: Money S