Singer Park Hyo Shin has been accused of fraud by a businessman who established a entertainment agency.

Wooil Law Firm released the following statement on June 28:

On June 27, 2019 at 11 a.m., Wooil Law Firm filed a criminal complaint to the Seoul Western District Prosecutors’ Office on behalf of businessman “A” against Park Hyo Shin on charges of fraud.

As written on the criminal complaint, Park Hyo Shin used signing of an exclusive contract as bait since November 2014 (when his exclusive contract was expiring with his previous agency “J”) to defraud a total of at least 400 million won (approximately $345,500) by receiving a 270 million won (approximately $233,200) Bentley car for himself, a 60 million won (approximately $51,800) Mercedes-Benz car for his mother, a 14 million won (approximately $12,100) watch, and 58 million won (approximately $50,100) [of money] given over six instances from the complainant.

Park Hyo Shin took the money while expressing several times that he would sign with the agency being established by the complainant. However, after his contract expired with his previous agency “J” in 2016, he kept putting off the signing of an exclusive contract established by the complainant and instead signed with Glove Entertainment. In response to the complainant who questioned the breach of promise, [Park Hyo Shin] responded, “There is nothing that can be done,” and cut off contact.

Park Hyo Shin defrauded the complainant of cars, a watch, and money without even thinking about signing an exclusive contract with the complainant since the beginning.

This has resulted in the filing of a criminal complaint.