Saturday, May 31, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
K-POP NEWSWIRE
  • Home
  • TOP STORIES
  • BTS
  • KDRAMA
  • KPOP
  • ENTERTAINMENT
  • FASHION
  • TOURS
  • GLOBAL
No Result
View All Result
K-POP Newswire
  • Home
  • TOP STORIES
  • BTS
  • KDRAMA
  • KPOP
  • ENTERTAINMENT
  • FASHION
  • TOURS
  • GLOBAL
No Result
View All Result
K-POP Newswire
No Result
View All Result
Home TOP STORIES

YG Entertainment’s Chief Yang Hyun Suk on Trial for Unreported Luxury Watches Worth 200 Million Won

Hina Ejaz by Hina Ejaz
14 September 2024
in TOP STORIES
0
Yang Hyun Suk
77
SHARES
1.3k
VIEWS
Share on FacebookShare on TwitterWhatsApp

Yang Hyun Suk, the influential executive producer of YG Entertainment, has found himself at the center of a luxury watch scandal.

You might also like

NewJeans to Pay 1 Billion Won Fine per Independent Activity After Court Sides with ADOR

ASEA 2025 Winners (Day 1 & 2): Byeon Woo Seok, aespa, i-dle, BTS’ Jin, ENHYPEN, PLAVE, and More

Cha Eunwoo Military Enlistment Date and Discharge Details Announced

The K-pop mogul has been brought to trial on charges of failing to report luxury watches worth 200 million won (approximately USD 150,000).

On September 11, the Busan District Prosecutors’ Office’s Public and International Crime Investigation Department formally charged Yang Hyun Suk for violating customs duty laws. 

The indictment alleges that Yang received two high-end luxury watches from an overseas company in 2014. He failed to declare them separately upon bringing them into the country, to evade customs duties. He was indicted without detention.

Busan Customs began an investigation after discovering irregularities in watch imports. Two executive producers, including Yang Hyun Suk, were identified as suspects. YG Entertainment responded to the indictment, stating it was ‘unjustified’ and clarifying the watches were received as promotional sponsorships.

He cooperated fully during the investigation, voluntarily submitting the sponsored watches for examination. A spokesperson noted, ‘CEO Yang Hyun Suk participated actively in the investigation, providing all necessary information and evidence.’

YG Entertainment says it was simply a mistake due to a misunderstanding of how celebrity sponsorships work.

Tags: Yang Hyun Sukyg entertainment
Share30Tweet19Send
Hina Ejaz

Hina Ejaz

Recommended For You

NewJeans
TOP STORIES

NewJeans to Pay 1 Billion Won Fine per Independent Activity After Court Sides with ADOR

by Hina Ejaz
30 May 2025
Byeon Woo Seok Jo Yu Ri, Kim Hye Yoon, aespa, ENHYPEN, and i-dle on the ASEA 2025 Red Carpet
TOP STORIES

ASEA 2025 Winners (Day 1 & 2): Byeon Woo Seok, aespa, i-dle, BTS’ Jin, ENHYPEN, PLAVE, and More

by Shumaila Ejaz
29 May 2025
Cha Eunwoo [Fantagio]
TOP STORIES

Cha Eunwoo Military Enlistment Date and Discharge Details Announced

by Shumaila Ejaz
29 May 2025
Ahn Sung Il and Keena from FIFTY FIFTY
TOP STORIES

The Givers CEO Ahn Sung Il Cleared in Keena’s Forgery Case; FIFTY FIFTY’s Agency Claims Audio Proof

by Hina Ejaz
29 May 2025
MAMA Awards 2025 Poster
TOP STORIES

2025 Mama Awards Date and Venue Announced

by Hina Ejaz
29 May 2025
Next Post
BTS V with 'Chicago' Musical Actors

BTS' V Spotted with Close Friend Park Hyo Shin at Musical ‘Chicago’

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • BTS
  • ENTERTAINMENT
  • FASHION
  • GLOBAL
  • KDRAMA
  • KPOP
  • TOP STORIES
  • TOURS
Facebook Twitter Instagram Pinterest Whatsapp

K-Pop Newswire

Catch the freshest K-pop news, K-drama updates, fashion trends, and entertainment buzz. From BTS to the latest fashion hits, K-Pop Newswire covers it all.

Categories

  • BTS
  • ENTERTAINMENT
  • FASHION
  • GLOBAL
  • KDRAMA
  • KPOP
  • TOP STORIES
  • TOURS

Useful Links

  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Copyright © 2024 K-Pop News Wire | All Rights Reserved.

No Result
View All Result
  • Home
  • TOP STORIES
  • BTS
  • KDRAMA
  • KPOP
  • ENTERTAINMENT
  • FASHION
  • TOURS
  • GLOBAL

Copyright © 2024 K-Pop News Wire | All Rights Reserved.