Overview
- Sports Kyunghyang reported that Kim Seon-ho led a one-person corporation registered at his Yongsan address with his parents listed as officers, alleging salaries were routed back to him and corporate cards and a company vehicle were used for personal spending.
- Fantagio said the entity was created for theater work, that operations stopped about a year ago after Kim joined the agency, and that the company is being legally wound down with all tax procedures followed.
- A new local report said settlement payments for Kim’s activities were received via his corporation while he was with a previous agency, and Fantagio acknowledged temporary receipt of such settlements after the company was formed.
- Reports also note the company was not registered as a popular culture and arts planning business, with experts warning that expense inflation and personal use of corporate cards could raise legal and tax issues if proven.
- Coverage of Kim’s case has expanded following the large National Tax Service assessment reported for Fantagio artist Cha Eun-woo, though no tax assessment or formal investigation involving Kim has been disclosed.