Kang Daniel's side "Major shareholder forged 10 billion won worth of serpentine"
Kang Daniel's side "Major shareholder forged 10 billion won worth of serpentine"
Singer Kang Daniel (27) filed a criminal complaint against Mr. A, the majority shareholder of his agency, Connect Entertainment.

On the 20th, Kang Daniel's complaint attorney, Woori Law Firm, said, "The client (Kang Daniel) filed a criminal complaint with the Seoul Metropolitan Police Agency on the 20th regarding charges of forgery of private documents, embezzlement, breach of trust, infringement on information and communication networks, and fraud in the use of computers, etc., against the majority shareholder of Connect Entertainment. “It was raised,” he said.

Next, in relation to the allegations of forgery and exercise of private documents by the major shareholders of the agency, "The client learned in January 2023 that an advanced distribution contract worth 10 billion won was concluded in December 2022 by stealing the name of the CEO and stamping the corporate seal without the client's knowledge. "The contract was concluded without the CEO's approval or the artist's consent. We inquired several times about the contract's procedures and main contents, but received no response, and the client personally came forward and confirmed the facts by obtaining a bank transaction statement. “I did,” he explained.

Regarding the embezzlement charge, it was claimed, "It was confirmed that at least 2 billion won of money was withdrawn from the agency's account through overseas remittance or business income processing without any legal procedures such as approval from the CEO, resolution of the board of directors, or resolution of the general shareholders' meeting." did. He added, "We have also become aware of the fact that more than tens of millions of won were used using anonymous corporate cards and that this was falsely recorded in the accounting ledger as the cost of the client's props, etc."

Regarding charges of information and communication network infringement and computer fraud, the client was shocked by saying, "In the process of checking the company's financial transaction details, the client confirmed that over 1.7 billion won had been withdrawn from a bank account in his name without the client's knowledge." I gave it.

Meanwhile, Mr. A, the major shareholder whom Kang Daniel filed a criminal complaint against, is the majority shareholder of Connect and the actual owner, holding about 70% of the shares. Connect Entertainment includes Kang Daniel, Chancellor, and Yuju. However, Kang Daniel's exclusive contract with Connect is set to expire early next month.
Kang Daniel's side "Major shareholder forged 10 billion won worth of serpentine"
Kang Daniel's side "Major shareholder forged 10 billion won worth of serpentine"
Below is Kang Daniel’s official position in full:

hello.
This is Woori Law Firm (attorney in charge: Park Seong-woo), representing Kang Daniel (hereinafter referred to as the client).

This representative would like to convey the client's position regarding the criminal complaint that was recently made public through the media.

The client filed a criminal complaint with the Seoul Metropolitan Police Agency on the 20th against the majority shareholder of Connect Entertainment on charges of forgery of private documents, embezzlement, breach of trust, infringement on information and communication networks, and computer fraud.

The client, who has protected the company as CEO and artist for the past five years, worked hard for over a year before filing a criminal complaint in order to minimize damage to the company's artists, employees, and third party contractual partners who have trusted and followed him like family. effort was put into it. However, we decided that there was no other solution other than holding them legally responsible, so it was with a heavy heart that we decided to file a criminal complaint.

1. Regarding allegations of forgery of private documents and events

In December 2022, the client learned in January 2023 that an advanced distribution contract worth 10 billion won was signed by stealing the name of the CEO and stamping the company's seal without the client's knowledge. The contract was concluded without the CEO's approval or the artist's consent. We inquired several times about the procedures and main contents of the contract, but received no response, and the client personally came forward and confirmed the facts by obtaining a bank transaction statement.

2. Regarding embezzlement charges

It was confirmed that at least 2 billion won or more was withdrawn from the agency's account through overseas remittance or business income processing without any legal procedures, such as approval from the CEO, resolution by the board of directors, or resolution at a general shareholders' meeting.

3. Regarding allegations of breach of trust

We also became aware of the fact that more than tens of millions of won were used using anonymous corporate cards and that this was falsely recorded in the accounting ledger as the cost of the client's props.

4. Regarding suspicions of infringement on information and communication networks and fraud using computers, etc.

In the process of checking the company's financial transaction details, the client confirmed that over 1.7 billion won had been withdrawn from a bank account in his name without his knowledge.

We would like to express our gratitude and apologies to the many people who have read the related article and are concerned about the damage and wounds suffered by Kang Daniel. This is especially true because I have already experienced it once and know how much people worry when a lawsuit proceeds. However, I gained great courage in the hope that such unfair incidents will no longer occur in our pop culture and art industry and that this incident will be the last.

Once the true nature of the case is revealed through a thorough investigation by the investigative agency, we will update you again.

thank you

*We would like to correct one thing reported in the media.

We would like to inform you that although the contract for allegedly forging private documents is worth about 10 billion won, it is difficult to directly add it to the company's damages, and therefore, the media report that it caused a loss of 14 billion won is different from the facts of the complaint.

Choi Ji-ye, Ten Asia Reporter wisdomart@tenasia.co.kr