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CEO of Mad Town's label arrested for fraud

By yckim124   Wednesday, February 22, 2017   47,166   3,366   26
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CEO Sung Chul Ho of GNI Group was arrested for fraud. 


According to an exclusive report by E Daily, CEO Sung was recently arrested and questioned by the Songpa Police Department for scamming investors. It's also revealed that CEO Sung is charged with foreign exchange violations and 32 other criminal charges. Currently, the case is continuing to be investigated by the Seoul District Public Prosecutor's Office. 


SEE ALSO: 2PM's Taecyeon discusses the topics of entering the Western market, joining the army, and more


GNI Group is the head company of GNI Entertainment; currently the home to group Mad Town, actor Jeong Si Hyun, actress Shin Eun Je and more. 


E Daily attempted to reach GNI Group for an official statement regarding the arrest of CEO Sung but no response was given. 

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    Tags:

    1. Mad Town
    2. GNI Entertainment


    Nell_W Thursday, February 23, 2017

    Pity Jota n Madtown.. 😢

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    bulletproofz Thursday, February 23, 2017

    J.Tune gone..now this CEO get arrested.

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    drwsyhmz Thursday, February 23, 2017

    omg i'm so sorry to my bae's, haih Mad Town just moved from J.Tunes to this company and yet the bad luck hits them again. Poor my babies :(

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    dahkiwoo22 Thursday, February 23, 2017

    didn't they just move to this GNI GROUP company? I feel sorry for Mad Town

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    Winston Wednesday, February 22, 2017

    so Mad Town moved from J.Tunes to another company only to find out the CEO of that agency is arrested for fraud. Wow. thats seriously a bad start to 2017 for them.

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    crowboy Wednesday, February 22, 2017

    They have such bad luck.

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    BakaKaori Wednesday, February 22, 2017

    Man, Madtown has seriously bad luck when it comes to their labels

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    NgohiongPuso Wednesday, February 22, 2017

    That is why Jota is nowhere to be found in many shows. It was just a few months ago when he's a trend. Now, I think, it'll be hard for them to go out.

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    katching606 Wednesday, February 22, 2017

    Omg! I feel bad for them! Dont lose hope... Fighting!

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    bang_nay Wednesday, February 22, 2017

    These poor kids. First J.Tune now this...

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