BLACKPINK LISA GOT SCAM BY HER FORMER MALE MANAGER ALMOST 1 BILLION KRW

On June 2, Market News reported that the former manager “A” had exploited their connections and received money from Lisa, saying that they would look into real estate for her. Lisa then lost all her money when Manager “A” spent her money on gambling.

It has been revealed details on the manager who scammed BLACKPINK's Lisa of 1 billion KRW (~$800,000 USD). Previously, YG Entertainment has confirmed that BLACKPINK’s Lisa had been swindled 1 billion won (approximately $816,000) by her former manager.

A close friend of Lisa said of the manager, who's only known as 'Manager J', "J is a manager who's been with BLACKPINK even before their debut. He's been in charge of taking care of BLACKPINK since their debut. He especially took care of the tired members after their frequent tours overseas. J was always praised as a very kind and sincere person. He was so kind people called him naive. The BLACKPINK members believed and relied on him. He was the person they trusted most after producer Teddy."

According to an anonymous informant, the former manager “J” had worked with BLACKPINK since their debut and was someone that Lisa had trusted during her rookie days. The incident has surprised many, as the former manager was well-trusted within the company and by the members.

A source said, “Because Lisa is a foreign member and has been in Korea by herself since she was young, she is very vulnerable to these things. It is very unfortunate that these things happen in the industry. This is a serious situation that can damage the domestic management’s image.”

Following the report, YG Entertainment released the statement below:

After looking into the matter, we confirmed that Lisa was a victim of fraud by former manager “J.”

Media outlets say that 'A' was a long-time employee of YG Entertainment, managing BLACKPINK since the group's debut and well-established within YGE. Furthermore, after finding out about the scam, insiders relay that Lisa is currently struggling with fear, anxiety, and betrayal.

According to Lisa’s wishes to settle this amicably, as the former manager was someone Lisa had trusted, Manager “A” has reimbursed a part of the sum and has left the company after agreeing on a reimbursement plan for the rest of the sum.

We bow our heads and apologize for causing concern to the fans who love our artist.

We are embarrassed by the misconduct of “J,” and we are feeling responsible for the management and supervision. We are taking preventive measures so that this does not happen again.”