Former K-Pop Star Han Hyun Jung Files Lawsuit of $2.6 Million
By Richard Lee | April 24, 2013 08:09 AM EDT
"My life is in bankruptcy."
Han Hyun Jung, a former member of Cleo--a popular K-Pop group in the 90s--has filed a lawsuit of $2.6 million against her business partner Jung.
Like Us on Facebook
On the episode of 'Fatal Blow' to be aired on April 24, Han Hyun Jung's lawsuit and its in-depth coverage will unfold.
Han is reported to have invested $2.6 million in a business model through a friend of an old friend, with a full refund clause in the contract. The plaintiff and the defendant have dueled through their third trial in court with no compromise in sight.
After repeated failures in various businesses, ranging from gold earphone jewelry to gold sculptures, Han requested a refund but her business partner refused to grant her request. Last September, a lawsuit was filed.
Han stated that "When we looked back at the financial statement and all the files related to the business plans that failed, we realized that nothing was done right. This is a deliberate fraud."
She added that "About $1 million was transferred into Jung's mistress' personal account and later invested in stocks. Plus, it was revealed that Jung was a delinquent borrower during the time of my investments."
'Fatal Blow' will air on April 24.
© 2015 KpopStarz. All rights reserved. Do not reproduce without permission.
Tagged : Han Hyun Jung
Latest Photo Gallery
Editorial 07.04.15 | 10:42AM EDT
Happy Independence Day, America! In celebration of the holiday we put together a list of songs that remind us of watching late night 4th of July fireworks.
Buzz 07.04.15 | 03:10PM EDT
Taeyang has been showing off his new dreadlocks but the hairstyle some fans are not digging the look.
Hot Issues 07.04.15 | 01:10PM EDT
The Korean singer is said to have caused the fender-bender when she reportedly dozed off behind the wheel.
Editorial 07.03.15 | 10:19AM EDT
BTS are heading to the U.S. this summer and tickets are going fast. Here are some reasons why you're not going to want to miss the K-pop concert event of the summer.