As a part of my mission to continue documenting the impressive implosion of ONE HUNDRED, their subsidiaries, and executives, there’s been big news on that front as they continue to lose where it matters despite trying to tell the media everything is made up.
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About four months ago, Lee Mujin requested contract termination from BPM Entertainment, alongside VIVIZ and THE BOYZ from the same agency. About a month ago, he won an injunction case against his contract with the company, same as the others did.
“The court ruled that the contract will remain suspended until a final verdict is reached in the main lawsuit. As a result, Lee Mujin is now free to pursue independent entertainment activities while the main legal proceedings are underway. … Furthermore, the court prohibited BPM Entertainment from negotiating or signing contracts on Lee Mujin’s behalf with third parties, demanding entertainment activities against his will, or requesting third parties to restrict his activities.“
A notable wrinkle to the case that I hadn’t seen prior was that Lee Mujin is claiming he had not received payment from the company for almost a year and that he’s owed ~$1.4 million by the company. That is … man, I hope he gets his money somehow.
At least recent news has showed he hasn’t run into any obstacles moving on, as he just signed with Mound Media to move on with his career.
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Meanwhile, in related news, the prosecution has finally requested an arrest warrant for ONE HUNDRED CEO Cha Ga Won, which comes after three requests from the police were rejected. Additional investigation into her accounts and contractual relationships sparked the change.
As you may know by now, she’s being accused of perpetrating massive fraud involving around ~$21 million using entertainers signed under the company. The alleged scheme involved using the IP of the artists to secure advance payments of ~$17 million and receiving deposits of ~$4 million for lease contracts on houses, but in both cases failing to do the actual required business.
Her lawyer argued that the case lacks factual or legal basis for fraud and that they plan to demonstrate to the court that detention is unnecessary.
I mean, look, that might be true or the government might screw the case up somehow, but from an outsider’s perspective, it’s hard to see the mounding court losses against their artists and this fraud case continuing to build momentum as anything but the walls closing in.
Asian Junkie Asian pop. Without discretion.
