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Source: https://www.joongang.co.kr/article/25399577
Relevant quote (per Google Translate):
Relevant quote (per Google Translate):
@BlackjackThe Yongsan Police Station in Seoul announced on the 22nd that they plan to indict CL without detention on charges of violating the Popular Culture and Arts Industry Development Act. The corporation she operated will also be indicted. CL is accused of operating the corporation for over five years without reporting it to the authorities after establishing the one-person agency "Very Cherry" in 2020.
According to the Popular Culture and Arts Industry Development Act, operating a business without registering with the Ministry of Culture, Sports and Tourism is punishable by imprisonment for up to two years or a fine of up to 20 million won.