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The Korea Times

By Park Si-soo
Blackpink’s former manager swindled the K-pop girl group’s member Lisa out of nearly 1 billion won (US$820,000).
In announcing the news, Blackpink label YG Entertainment said the dispute had been “settled” because the former manager had returned “part” of the money and presented Lisa with a detailed compensation plan for the rest. Neither the musician nor YG would make it a legal issue, the label said.
According to reports, the ex-manager had a close relationship with band members since their debut in 2016. The ex-manager allegedly took advantage of this and siphoned off Lisa’s money, which she had asked him to invest in real estate.

He reportedly spent the money on gambling and quit YG after the scandal was revealed.
‘You’re the one I have been waiting for’: the rise of THE9’s Liu Yuxin
“An extremely inappropriate incident took place between an artist and a manager,” YG said in a statement. “We will tighten rules and supervision to prevent the same thing from happening again.”
Read the full story at the Korea Times


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Lisa from Blackpink cheated out of US$820,000 by ex-manager who reportedly spent the money on gambling

Lisa from Blackpink was swindled out of US$820,000 by her ex-manager, who reportedly used the money for gambling instead of buying real estate.

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K-pop star had given the money to her ex-manager to invest in real estate
Label YG Entertainment said the dispute was ‘settled’ after the ex-manager returned ‘part’ of the money and made out a full compensation plan for the rest



Lisa from K-pop girl group Blackpink was swindled out of nearly 1 billion won by the band’s ex-manager who used the money for gambling instead of investing in real estate. Label YG Entertainment says the dispute has been ‘settled’.


K-pop scandals

Fame and celebrity

Blackpink

K-pop idols

Lisa from Blackpink cheated out of US$820,000 by ex-manager who reportedly spent the money on gambling

K-pop star had given the money to her ex-manager to invest in real estate Label YG Entertainment said the dispute was ‘settled’ after the ex-manager returned ‘part’ of the money and made out a full compensation plan for the rest

K-pop star had given the money to her ex-manager to invest in real estate

Label YG Entertainment said the dispute was ‘settled’ after the ex-manager returned ‘part’ of the money and made out a full compensation plan for the rest