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Is Park Min Young and Lee Seung Gi Agency Raided by Police?

When their agency, Hook Entertainment, is accused of embezzlement, the names of Park Min Young and Lee Seung Gi are all over the news.

Read the article to find out more.

Hook Entertainment is Implicated in Embezzlement Allegations

In an exclusive report that SBS released on November 15, everyone is looking to the internet to find out why the police are looking into Park Min Young and Lee Seung Gi’s agency, Hook Entertainment.

Park Min Young and Lee Seung Gi

On November 10, the National Police Agency’s Severe Crime Investigation Division spent five hours searching and seizing the company office building in Gangnam-gu, Seoul. Since then, people have been interested in the history of the investigation.

Insiders say that the police search happened because it was said that the CEO and some other executives of the company were involved in stealing money from the company.

As the investigation continued, it was said that the police were also looking at how the Special Economic Crimes Aggravated Punishment Act could be used if the amount of money that Hook Entertainment’s executives stole was more than 5 billion won.

On the other hand, a member of the legal team said that if a seizure warrant is issued, it means that the police have some suspicions about what happened. Others say that the amount the police said was stolen is too high compared to how much Hook Entertainment made in sales.

Lee Seung Gi and More Stars Under Hook Entertainment Activities Affected by the Issue

There are rumors that the investigation of Park Minyoung’s ex-boyfriend Kang Jonghyun, who was thought to be the owner of the virtual asset exchange, may have had an effect on the current issue of Hook Entertainment.

Hence, the future activities of actors under the entertainment agency, such as award-winning actress Youn Yuhjung, Lee Seojin, Lee Seung Gi, and more are expected to change.

What is the Reason Behind This Raid?

No one has said why the raid happened.

News reports say that on November 10, agents from the National Police Agency went to Park Min Young’s agency, Hook Entertainment, in Chungdam and searched the offices.

News stories say that the agents looked for proof in the offices from noon to five. Since it is so rare for federal agents to raid an entertainment agency, no one knows why they did it.

SBS said that three companies with ties to Park Min Young’s ex-boyfriend Kang Jong Hyun were also raided recently, but it was not possible to say if he was the reason Hook Entertainment was raided.

Recently three companies with ties to Kang Jong Hyun were raided. However, according to entertainment insiders, the raid (at Hook Entertainment) had nothing to do with him but instead was due to internal management issues.

— SBS

Before, the news outlet Dispatch said in a damning report that Park Min Young’s ex-boyfriend Kang Jong Hyun was connected to several companies, including Hook Entertainment.

On October 27, the Chief Prosecutor said that Kang Jong Hyun could not leave the country because he was a person of interest in a case of alleged embezzlement involving Bithumb. Bithumb is one of Korea’s biggest cryptocurrency exchanges, and Kang Jong Hyun was once said to be connected to it.

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Where Are the Artists From Hook Entertainment Now?

Park Min Young and Lee Seung Gi

“Love in Contract,” a romantic comedy series by Park Min Young, just came to an end. She also keeps her fans up to date through social media.

Lee Seung Gi, on the other hand, finished his comeback drama “Law Cafe” and is always on the variety show “Master in the House.”

Lee Seojin is back on TV with the new Netflix show “Behind Every Star.” He stars in the show with Kwak Sun Young, Joo Hyun Young, Seo Hyun Woo, and other actors.

What do you think about the issue going around Park Min Young’s agency right now? Tell us what you think in the comments!