IU Opens Up About Recent Rumors Of Investment Fraud

IU swears on her career that she did not commit investment fraud.

On January 8, IU took to Instagram to address the recent online rumors of her committing investment fraud.

Here is the full statement:

Obtaining unfairly given information to buy the land for the purpose of selling it at a higher price and gaining the profit of 2.3 billion won. None of this is true. I swear on my career, which is the most precious thing to me personally, that there is no falsehood in this. I decided on this location to stay for a long, long time, and to plan and try out a lot of things.

If there are people who still argue that I gained access to unjust information and intentionally used it to sell for a profit, please show clearer evidence. I think you should show at least that amount of effort if you are so certain of your suspicions that you would completely discredit one person’s values and actions.

Because I am confident that I will not get tired or anxious about it, I will surely receive your apology someday. Furthermore, just as I revealed yesterday, there are many other people who live and spend time in the building besides me. I politely ask that reporters respect their privacy and the neighbors who live nearby.

Following the rumors, IU’s agency announced their plans to take legal action.

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