Famous South Korean actor Lee Jung Jae is making headlines not for his new movie or series but for the accusation of fraud. Recently, the CEO of drama production company RaemongRaein filed a lawsuit against Lee Jung Jae and accused him of deception and making false promises. According to the report, Lee Jung Jae and former CEO of WYSIWYG Studios Park In Gyu have been accused of fraud. Remongaren CEO Kim Dong Rae has dragged the actor and the former CEO into a legal battle and a case has been filed against him under the Specific Economic Crimes Act, which is being investigated by the Gangnam Police Station in Seoul since June.
Did Jung Lee make false claims?
Kim has alleged that Park and Lee made false claims and assured that the two would join together as major shareholders, which would lead to the growth of their company. Therefore, Kim transferred his shares to him. However, he accused Lee and Park of trying to remove him from the management of the company. A contract was also made with Kim, but both failed to fulfill the deal. The accusation said that both of them intended to control the company and its financial resources. He also accused both of corporate raids.
Lee Jung Jae denied the accusations
Following Kim’s accusations, Squid Game star Lee Jung Jae’s team released a statement. Lee’s team denied these accusations. Lee said there was no breach of contract, which only included the transfer ofmanagement rights and that was agreed. Lee has filed a counter-suit against the CEO for making false allegations of fraud.
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