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New Delhi: South Korea's famous actor Lee Jung Jae is in the headlines, not because of his new film or series but because of allegations of fraud. Recently, the CEO of drama production company RaemongRaein has filed a lawsuit against Lee Jung Jae and accused him of cheating and making false promises.
Lee Jung Jae accused of fraud
According to the report, Lee Jung Jae and former CEO of WYSIWYG Studio Park In Gyu have been charged with fraud. The actor and former CEO were dragged into a legal battle by Remongaren CEO Kim Dong Rae and a case was filed against them under the Specific Economic Crimes Act which is being investigated by Seoul Gangnam Police Station since June.
Jang Lee made false claims?
Kim has alleged that Park and Lee made false claims and led him to believe that both of them would join as major shareholders which would lead to the growth of his company. Therefore, Kim transferred his shares to them. 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 did not uphold the deal. The allegation said that both of them intended to control the company and financial resources. He also accused both of them of corporate raid.
Lee Jung Jae rejected the allegations
After Kim's allegations, a statement has been issued by Squid Game star Lee Jung Jae's team. Lee's team has rejected these allegations. Lee has said that there has been no violation of the contract, which only talked about transferring management rights and that was also agreed upon. Lee has filed a counter suit against the CEO for making false allegations of fraud.
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