Squid Game fame Lee Jung Jae and ex-WYSIWYG Studios CEO accused of fraud by Reborn Rich’s production’s CEO; Report

In a dramatic twist of events, Lee Jung Jae, celebrated for his role in Squid Game, and ancient WYSIWYG Studios CEO Park In Gyu are going through serious allegations of fraud. In response to a file by Contemporary Day-to-day on August 10, Kim Dong Rae, CEO of RaemongRaein, the production company in the wait on of the hit JTBC drama Reborn Rich, filed a complaint towards Lee Jung Jae and Park In Gyu in June at the Seoul Gangnam Police Jam.

As per the file, Kim Dong Rae’s honest appropriate personnel alleges that Squid Game superstar and Park In Gyun misled him with fraudulent guarantees about expanding RaemongRaein staunch into a world powerhouse in drama production. They’re accused of creating assurances about leveraging Lee Jung Jae’s exchange connections to stable foremost investments and management affords.

In response to Kim Dong Rae’s complaint, Lee Jung Jae and Park In Gyu persuaded him to switch shares in RaemongRaein beneath the pretense of joint management and future growth. Then but again, the complainant claims their right plan became to take control of the corporate and pursue a approach centered on shopping one more company, Chorokbaem Media, slightly than setting up RaemongRaein as promised.

The complaint additionally asserts that Lee and Park engaged in “company raiding,” the relate of RaemongRaein’s monetary sources to buy Chorokbaem Media, which became suspended from shopping and selling. This alleged pass, according to Kim Dong Rae’s aspect, became a breach of the contemporary agreement, which included a clause for joint management and operational discussions.

In the period in-between, Lee Jung Jae’s personnel has strongly refuted these claims, arguing that there became no contractual responsibility to stable investments or buy additional management firms. They comprise that the contract became a straightforward switch of management rights, agreed upon mutually, with none deceit.

Lee Jung Jae’s representatives expressed frustration over the accusations, emphasizing they’d minimal interaction with Kim earlier than and following the contract’s signing. In response to the fraud allegations, his aspect has countersued Kim Dong Rae for fraudulent accusations.

The controversy escalated further when Lee Jung Jae’s aspect sought honest appropriate dash for damages and requested a shareholders’ assembly, alleging Kim Dong Rae’s refusal to let Lee Jae Jung and actor Jung Woo Sung participate in RaemongRaein’s management. This pass resulted in a deeper dispute over the corporate’s path and control.

Because the investigation unfolds, the Seoul Gangnam Police Jam has done initial inquiries with Kim Dong Rae and plans to set apart a query to Lee Jung Jae and Park In Gyu. The case continues to grab public consideration, intertwining high-profile personalities with serious honest appropriate accusations in a saga that guarantees extra revelations to attain.