S.E.S.’s Shoo Reportedly Takes Out Loan To Pay Off Gambling Debts
S.E.S.’s Shoo has reportedly taken out a loan to pay off her gambling debts, as well as to finance other expenses such as legal fees as she faces her lawsuit.
It was recently reported that the celebrity took out a loan of 345 million won (approximately $310,000), with the house that she and her family currently reside in as collateral.
Shoo’s legal representative stated, “Shoo is currently paying for legal fees through her [and her husband’s] joint assets, and is willing to pay off her debts. Using the so-called terminology, she was ‘played.’ The plaintiffs lent Shoo the money, and had her gamble. All of Shoo’s gambling was related to the plaintiffs. As they actively lent her money, they sent her to all sorts of places and had her debt snowball and accumulate. This is how she eventually became 600 million won (approximately $530,000) in debt. On the charges of fraud, there are a lot of questions as to the authenticity [of their claims]. Through the lawsuit, we will have to see whether the debt was justly accumulated debt.”
Previously, it was reported that a former girl group member was facing a lawsuit for not paying back gambling debts. Shoo then admitted to being the girl group member, having gambled, and to borrowing a total 600 million won (approximately $530,000) from two individuals. The plaintiffs suing Shoo for not paying back her debt later clarified that they had reluctantly lent her money, had nothing to do with the casino where Shoo reportedly gambled, and that they had been unable to contact her since mid-June.