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Posted by beansss AKP STAFF Thursday, August 8, 2019

YG Entertainment reps say they have no response to give to Yang Hyun Suk's gambling allegations

AKP STAFF

On the morning of August 9, representatives from YG Entertainment responded to media inquiries regarding former head producer Yang Hyun Suk's illegal gambling allegations. 


Reps told news outlets, "We also learned of this through news reports, so we have no content to refer to for an additional statement." Back on August 8, police confirmed that they will begin investigating into Yang Hyun Suk's illegal overseas gambling allegations, after receiving a tip a day prior. Police plan to investigate whether or not Yang Hyun Suk's bank transactions show any suspicious financial activity, including illegal transfer of foreign dollars. 

According to Korean travel laws, the amount of money an individual can bring when traveling to the U.S. is approximately $10,000 USD. However, Yang Hyun Suk is suspected of having spent much more than this amount while gambling for weeks at a time at a Las Vegas casino. As a result, the former head producer is under suspicions of 'Hwanchigi' - the act of borrowing money from individuals or companies in a foreign country, then paying the amount back in Korean won without legally exchanging the currencies. 

  1. Yang Hyun Suk
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Canucks4Life2,837 pts Thursday, August 8, 2019 3
Thursday, August 8, 2019

Let's be real he may have resigned but netizens haven't seperated the two and have pretty much put the label in the category of can't do anything right, so this is probably for the best. They also obviously want to distance themselves, so not making statements on personal matters is part of that so I wouldn't expect anything different.

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krell-1,388 pts Friday, August 9, 2019 5
Friday, August 9, 2019

The YANG BROTHERS still own about 20% of the Stock Shares of YGe Agency. The next largest Stock Shareholder would be NAVER (KR) firm at around 10% of Shares (?). Plus , the YGe 'name' is still on the Agency HQ Building. It is SAD that YGe Agency TALENT (BLACKPINK , JEON SOMI , etc) is being 'dragged in the mud' along with the YANG BROTHERS. NOT seeing it here that YGe TALENT should be boycotted. This is more a situation where *SHARE HOLDERS* need to 'transition out' (buy out) the YANG BROTHERS , and *rename* the AGENCY. I like BIGPINK Agency as 'mash up' of BLACKPINK and BIGBANG Groups.

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