Seungri Undergoes Police Questioning For Suspicions Of Embezzlement
The police has begun questioning Seungri on suspicions of embezzlement.
On May 2, the Seoul Metropolitan Police Agency’s Intellectual Crime Investigation Team revealed that they have been questioning Seungri since 10 a.m. KST regarding suspicions of embezzlement.
A source from the police stated, “Since this is the first time questioning [Seungri] on suspicions of embezzlement, we expect the investigation to continue until the evening.”
Seungri and former Yuri Holdings CEO Yoo In Suk were first booked for embezzling funds from the club Monkey Museum on April 1. The police are investigating the two based on the finding of suspicious cash flow, where a portion of Burning Sun capital has been traced back to Monkey Museum.
Furthermore, the police found an instance where a portion of Burning Sun’s capital was traced back to bank accounts under different names, which was later rerouted to personal bank accounts of Seungri. The police suspect that the amount Seungri had supposedly embezzled totals up to 2 billion won (approximately $1,717,730).
In addition, Seungri and Yoo In Suk are also accused of using Yuri Holdings funds to pay for legal fees of a former DJ at Monkey Museum who was being investigated for suspicions of sexual assault.
Seungri has been questioned by the police 16 times so far on suspicions including prostitution mediation, embezzlement, sharing of illegal footage, and tax evasion.
Top Photo Credit: Xportsnews