Ma Dong Seok's Agency Releases Official Statement On Fraud Accusations Against His Father

TCOent has given an official statement regarding the accusations of fraud against Ma Dong Seok’s father.

On November 29, SBS funE reported that Ma Dong Seok’s father (85) had siphoned off 500 million won (approximately $445,000) worth of retirement funds from the alleged victim (83). According to the report, the victim had been a peer from his father’s high school days.

The report stated that the victim reunited with Ma Dong Seok’s father in 2010 and had considered him a friend. His father allegedly told the victim, “Don’t even trust your relatives in your old age. When you leave this earth, I’ll arrange everything,” and soon received the entirety of the victim’s life savings.

After losing her entire savings to Ma Dong Seok’s father in just a year, the victim suffered from a stroke and has been hospitalized since. The victim’s nephews learned about this matter years later and sued Ma Dong Seok’s father in June of 2016. Although receipts and many other relevant materials were lost, almost 300 million (approximately $267,000) of the 500 million won (approximately $445,000) his father had taken was recognized as fraud. Ma Dong Seok’s father was later sentenced to two years and six months in prison. However, after considering his father’s old age, the court decided to hand a suspended sentence of four years probation.

When asked why they made this report, the victim’s relative stated it was because Ma Dong Seok’s father had never apologized once after this ordeal. They stated, “We heard that 200 million won (approximately $178,000) was belatedly deposited at the trial, but what’s the use of that to our aunt. All we want is a sincere apology towards our aunt, and for his father to live while reflecting.”

An hour after the initial report, TCOent released an official statement. Read the full statement below:

Hello, this is TCOent.

We are releasing this official statement regarding issues from today surrounding actor Ma Dong Seok.

First, we’d like to deeply apologize for worrying many people due to this unfortunate event.

In 2010, Ma Dong Seok’s father planned to return the money he received for business investments, but because there were untruthful parts in regards to the amount of the money, the [two parties] proceeded to take the case to trial. We’ve confirmed with Ma Dong Seok’s father and his lawyer, along with the sentence ruling, that Ma Dong Seok’s father has completed paying back the owed money.

Regardless of the reasons, actor Ma Dong Seok bows his head in apology to everyone again for causing trouble through this ordeal.

If any other issues arise, Ma Dong Seok will take full legal and moral responsibility as a son towards [resolving the issue] with the victims. The agency will also do its best in order to solve this amicably.”

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