K-pop idol Lisa swindled of more than $1 million

  • K-pop idol Lisa swindled of more than $1 million

K-pop idol Lisa swindled of more than $1 million

BLACKPINK member Lisa was swindled out of one billion won [USD 817,661] by a former manager, who wasted it on gambling.

A former manager at K-pop company YG Entertainment swindled a billion won (or over P41 million) from Lisa of the girl group Blackpink, a Korean entertainment news site reported Tuesday.

The manager was said to be a person whom Lisa had trusted and had gained a positive reputation within YG Entertainment, the company that manages BLACKPINK.

According to an anonymous informant, A had allegedly worked with Blackpink since their debut.

The source added that as a young foreigner in South Korea, Lisa was an easy target for financial scams and hoped that YG Entertainment would take responsibility for the hurt and financial losses caused by their staff member. It is very unfortunate that things like this are happening in the industry. "This is a serious situation that can damage the management's image".

"After looking into the matter, we confirmed that Lisa was a victim of fraud by former manager "A".

On Monday, YG Entertainment announced on Twitter that it was now preparing to release the solo projects of BLACKPINK members following the release of the band's first full-length album in September.

Based on YG Entertainment's explanation, Rosé solo debut took a long time since instead of releasing a single track, they made a decision to release mini-album with multiple songs. "We are very regretful the manager abused the trust-based relationship a manager should have had with the artist, while also feeling responsible for [not properly] supervising". "We are taking preventive measures so that this does not happen again", their statement concluded, via Soompi.