Rain accused of embezzlement

Prosecutors are looking into accusations of embezzlement made against Jung Ji-hoon, also known as Rain, officials said yesterday.

"We will consider summoning Jung and the plaintiff after we have gone over the basic facts," said a prosecutorial official.

A fabric manufacturer filed a lawsuit against Jung and officials of fashion enterprise J.Tune Creative. Jung is a major stockholder of J.Tune and also models for the company, which is an affiliate of Jung’s agency, J.Tune Entertainment.

The plaintiff claims to have lost 2 billion won ($1.8 million) by investing in the company. He said that Jung and company officials embezzled the money by falsely registering money that should have been recorded as Jung’s modeling fees as the company’s stock assets.

Jung is aware of the suit, but has not yet made an official statement and is waiting to find out exact details of the claim, his agency said.

By Bae Hyun-jung

(tellme@heraldm.com)

Source: Korea Herald