263

86

News
Posted by Susan-Han Monday, June 1, 2020

YG Entertainment issues official apology after former BLACKPINK manager pulls ~ $800K scam on Lisa

AKP STAFF

Earlier on June 2, media outlet reported that a former manager of BLACKPINK and a longtime employee of YG Entertainment, known as 'A', was fired after scamming member Lisa out of an amount of approximately 1 billion KRW (~ 800,000 USD). 

Reportedly, 'A' told Lisa that they would be looking for real estate purchase opportunities, and asked her for 1 billion KRW. After Lisa provided 'A' with the amount, 'A' allegedly blew the amount gambling. 

Media outlets say that 'A' was a long-time employee of YG Entertainment, managing BLACKPINK since the group's debut and well-established within YGE. Furthermore, after finding out about the scam, insiders relay that Lisa is currently struggling with fear, anxiety, and betrayal. 

In response to the above reports, YG Entertainment stated,

"After investigating internally, we have learned that Lisa was scammed by a former manager, 'A'. 

Due to Lisa's wishes to bring the matter to a settlement quietly, as 'A' was a manager whom Lisa trusted; 'A' has repaid a portion of their debt and will be repaying the remainder of the amount accordingly. 'A' is also currently no longer an employee of the company. 

We would like to bow our heads in apology for causing severe concern to many fans who love our artists. We are currently greatly disconcerted over 'A's actions, taking ill-advantage of an artist's trust; we feel the significant weight of the responsibility and the misdirection of this.

We will prepare preventative measures to ensure that such a concerning event does not happen again." 

Meanwhile, BLACKPINK's Lisa is well-known by many K-Pop fans as the first foreign artist to debut under YG Entertainment. The agency is expected to face severe criticism for this recent news. 

Shop the story
LALISA Rockstar Tee
$20
BLACKPINK JENNIE Cover: VOGUE KOREA May 2024
$22
BLACKPINK ROSÉ : Dazed & Confused Korea 2024 Spring Edition
$25
BLACKPINK JISOO Cover - W Magazine April 2024
$20
  1. BLACKPINK
  2. Lisa
189 209,757 Share 75% Upvoted
 
OpalSprings67
OpalSprings671,062 pts Monday, June 1, 2020 40
Monday, June 1, 2020

I'm not a Blink but for ANYONE to go through something like this... The shock and betrayal must be next levels I hope Lisa is being properly supported and is able to get at least some of her money back.

And as always Black Lives Matter

109 (+124 / -15)
Share

40 more replies

 
hreyA_onEViP
hreyA_onEViP3,606 pts Monday, June 1, 2020 0
Monday, June 1, 2020

I dont care about anyone and just hope Lisa to be okay. Girl was literally doing good and was happy.

60 (+67 / -7)
Share

SHOW ALL COMMENTS

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
BTOB, Ilhoon
misc.
Girls
Big Bang, Taeyang, G-Dragon, Daesung
Choo Sarang, Choo Sung Hoon, Yano Shiho
Choi Hwa Jung, Youn Yeo Jung
Ha Sung Woon, Baek Ye Rin
Big Bang, Taeyang, G-Dragon, Daesung
Stray Kids
Lee Hyori, Lee Sang Soon
Girls
Tzuyang
BLACKPINK, Jennie
2NE1
Girls
New Message

SEND