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JakeyWantsCakey

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It says on allkpop that the manager quit once the investigations began so YG weren't technically the ones who fired him... There also saying that this was the manager they were all closest to...

I'm just so sad for all of them, I can't imagine how much they must be hurting right now especially Lisa! Imagine being all alone in a foreign country and trusting a friend with your hard earned money just for them to blow it all on gambling! It sounds like the guy had an addiction but that wouldn't make it hurt any less if that were me.
 

Darkseid

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It says on allkpop that the manager quit once the investigations began so YG weren't technically the ones who fired him... There also saying that this was the manager they were all closest to...

I'm just so sad for all of them, I can't imagine how much they must be hurting right now especially Lisa! Imagine being all alone in a foreign country and trusting a friend with your hard earned money just for them to blow it all on gambling! It sounds like the guy had an addiction but that wouldn't make it hurt any less if that were me.
Yeah it will hurt even more because by all accounts, it was someone really close to Lisa and Blackpink. That betrayal must sting. I hope she gets the justice she deserves but the loss of that relationship/bond will take time to get over.
 

blueberries

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Source: YG Entertainment Confirms BLACKPINK’s Lisa Was A Victim Of Fraud By Former Manager

This is apparently quite fresh story, but all over kpop newssites. YG has confirmed that its true that manager (now ex-manager) of YGE scammed Lisa. The amount of money was 1 billion won (816k $) so quite huge lump of money.

The manager had been Blackpink's manager since their debut and was a person who both Lisa and the company trusted a lot. He had promised to look into investing into real estate market for Lisa. According insider info the manager ended up gambling the money instead of investing it as promised.

YGE released following statement of the situation:
"After looking into the matter, we confirmed that Lisa was a victim of fraud by former manager “A.”

According to Lisa’s wishes to settle this amicably, as the former manager was someone Lisa had trusted, Manager “A” has reimbursed a part of the sum and has left the company after agreeing on a reimbursement plan for the rest of the sum.

We bow our heads and apologize for causing concern to the fans who love our artist.

We are embarrassed by the misconduct of “A,” and we are feeling responsible for the management and supervision. We are taking preventive measures so that this does not happen again.”
 

blueberries

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I know, my heart is broken for her if you read into this more, it's a manager that's been with them since their trainee days and all of the girls really trusted him...
He might have gambling addiction or sth, but that doesn't mean that he isn't scum..
 

JakeyWantsCakey

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He might have gambling addiction or sth, but that doesn't mean that he isn't scum..
Yeah... especially targeting the foreign girl who's miles away from her family and everyone who is supposed to be looking out for her!
 

blueberries

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Yeah... especially targeting the foreign girl who's miles away from her family and everyone who is supposed to be looking out for her!
Yup, and often managers get rly close to idols who are still pretty young and don't see their families that often. They can even become a parent figure to the idols.
 
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And she wasn't even getting paid equally back then. Bastard was probably taking most of her income back then

Yang Hyun Suk himself was caught gambling with their money last year. Police didn't even care enough to investigate it.
Fuck that company, fuck everyone in it. The pinks deserve better
Infuriating.
 

yeji

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this is just gross and unaccaptable. how can someone take advantage of someone who they should take care of is always beyond me.
 

blueberries

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this is just gross and unaccaptable. how can someone take advantage of someone who they should take care of is always beyond me.
Doesn't seem like Lisa is even suing.. but she definitely could. That's fraud.
 

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