Lisa, a Thai member of girl group BLACKPINK, was found to have suffered about 1 billion won ($800,000) in fraud from her former manager.
YG Entertainment, the agency, said on June 2 that it has confirmed that Lisa suffered fraud from her former manager, A.
He then said, “In line with Lisa’s intention to resolve the matter smoothly as she was a trusted former manager, A has reimbursed some of the money and the rest have resigned after agreeing to the reimbursement plan.”
A, known as a manager who has been with BLACKPINK since his debut, allegedly abused his close relationship and spent all his money on gambling in the name of recognizing Lisa’s real estate instead.
Lisa’s fraud damage is known to be worth hundreds of millions of won.
YG said, “We are very embarrassed by A’s behavior of abusing his trust with the artist, and we feel responsible for management and supervision,” and added, “We are preparing measures to prevent recurrence so that there will be no such unpleasant incident again.”
Lisa debuted as BLACKPINK in 2016 and has been the main dancer and lead rapper of the team. BLACKPINK will release its first full-length album in September after pre-release the new song this month.
Full admission to YGWe found out internally that Lisa suffered fraud damage from her former manager A.
According to Lisa’s wish for a smooth settlement as she was a trusted former manager, Mr. A has reimbursed some of them and the rest have resigned after agreeing to the reimbursement plan.
I apologize for causing concern to fans who love artists.
We are very embarrassed by the manager A’s behavior of abusing his trust with the artist, and we feel responsible for management and supervision. We’re working on measures to prevent such an unfortunate event from happening again.