Latest news with #EllyChaeEun
Time of India
2 days ago
- Entertainment
- Time of India
Is BTS' management in trouble? Former employee shares alleged dark secrets; Founder-chairman under investigation
BTS' management agency has been under a lot of fire lately - from their founder-chairman Bang Shi Hyuk being investigated for financial fraud by the Financial Supervisory Service to the company building getting raided to find an insider trader. Amid all this, another scandal has come to light recently, as a former employee of the company has posted some allegations against the company. A former employee from BTS' management company shares shocking revelations A former alleged employee has dropped some shocking revelations about the company and its 'questionable' activities, raising concerns amongst fans and the public. According to social media posts that soon went viral after being shared online on June 7, the employee alleged that they were forced out of the company. The employee in question, the former communications director Elly Chae Eun, who was fired back in 2017, shared her opinions on a social media post that quickly went viral. She also talked about the company's 'greed' and how she was 'forced' to step down from her position within the company. She stated in the post that 'The company just dismissed me, saying I 'no longer suited their preferences'. Later, they got into business with acquaintances and handed them hundreds of billions of won (₩50 billion, ₩100 billion) without hesitation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like BCP CFD: Tu oportunidad de ingresos extra principales inversores Leer más Undo Those people didn't contribute even once when the company was struggling and trying to grow.' While talking about BTS, Chae Eun shared that they were good and deserved whatever they currently had while working with the company. She, however, also drew comparisons in her posts of BTS with unnamed 'officials' who just came into the company like that. She called out these 'officials' in the post who allegedly came into the company and 'played golf with corporate cards, lounged in luxury rooms, and drank alcohol'. She called these unnamed people the 'real evil' in the company, sparking a lot of concern amongst the public. The former director penned down a long note about the company and how everything was up until the moment she left on June 7. Eun Chae details putting her heart and soul into caring for 'sons of others' The former director of the company also shared how much effort she had put into the company. She shared that 'It was normal to get work instructions through KakaoTalk or phone calls in the middle of the night. I used to sleep with my phone next to me all the time. I lost 7kg over two years after joining the company and even had symptoms of hair loss. I poured my heart into my work, taking care of the company's male idols — 'sons of others' — rather than my own precious children. ' Currently the founder and chairperson of BTS' management agency, Bang Shi Hyuk, is under investigation for committing financial fraud. Earlier this year, allegations of the man misleading potential investors came to light. Allegedly, Shi Hyuk had sold the investor's shares to a private equity fund that was supposedly owned by his associate. Check out our list of the latest Hindi , English , Tamil , Telugu , Malayalam , and Kannada movies . Don't miss our picks for the best Hindi movies , best Tamil movies, and best Telugu films .
Time of India
2 days ago
- Entertainment
- Time of India
'Truly evil': Fired BIGHIT staff mentions BTS in explosive post exposing HYBE
It's June — the month the fandom, ARMY, has been eagerly awaiting, as it marks the discharge of the world's biggest group, BTS, from their mandatory military service in South Korea. However, this month has also seen the group's agency, HYBE, land in hot water. Now, amid the issues plaguing HYBE, a former employee has come forward to share their experience with the company. Former BIGHIT Communications Director Elly Chae Eun has publicly criticized HYBE and its chairman, Bang Si Hyuk. Fired BIGHIT staff exposes HYBE In a recent social media post, she spoke about the toxic work environment and unethical corporate practices at the company. Chae Eun, who claims she was dismissed in 2017 for not aligning with the company's preferences, described a highly demanding work culture at HYBE. She recounted experiences of late-night work communications, significant weight loss, and hair loss due to stress. In the post made on her Threads account, she wrote in Korean: "[Truly Evil]… This is the hidden story behind the process of being promoted to an executive — something even I didn't know. It was normal to receive work instructions through KakaoTalk or phone calls in the middle of the night. I used to sleep with my phone next to me at all times. I lost 7kg over two years after joining the company and even experienced symptoms of hair loss. I poured my heart into my work, taking care of the company's male idols — 'sons of others' — rather than my own precious children." She also alleged that after her departure, HYBE handed out billions (₩50–100 billion) to insiders who hadn't contributed during its early days. This ties into ongoing Financial Supervisory Service (FSS) investigations into Bang Si Hyuk's alleged IPO-related fraud and insider profits. "And yet, the company just dismissed me, saying I 'no longer suited their preferences.' Later, they went into business with acquaintances and handed them hundreds of billions of won (₩50 billion, ₩100 billion) without hesitation. These people hadn't contributed even once when the company was struggling and trying to grow." Elly Chae Eun mentions BTS However, she also mentioned BTS in her statement, clarifying that the group was not involved in any wrongdoing. Notably, BTS members were each allocated approximately 68,000 shares prior to HYBE's public listing in 2020, amounting to around $6.7 million per member. In contrast, Bang Si Hyuk reportedly earned approximately $300 million through the IPO, leading to public criticism over the stark disparity in profit distribution. "I sincerely congratulated the BTS members when they were given shares and became wealthy. They absolutely deserved everything they achieved — those seven were the beginning of HYBE itself. But the ones who later swooped in and devoured shareholders' stocks at cheap prices, who went behind people's backs… people who played golf with corporate cards, lounged in luxury rooms, drank alcohol — they are the real evil ones. Truly evil. I will fight to the end. Quietly, according to the law." As HYBE faces intensified scrutiny amid these allegations, BTS is preparing for a highly anticipated full-group comeback — their first reunion since completing military service. For all the latest K-drama, K-pop, and Hallyuwood updates, keep following our coverage here.
Pink Villa
2 days ago
- Entertainment
- Pink Villa
Ex-HYBE employee claims BTS 'absolutely deserved' shareholder position, accused company of unfairly firing her
HYBE chairman Bang Si Hyuk is currently under heavy scrutiny due to his alleged stock manipulation. He was accused of securing profit worth millions of KRW by misleading investors, leading to public allegations of the company's money-mindedness. Amid that, a former HYBE employee mirrored the same sentiments, accusing the company of unfairly evicting her and also mentioned BTS being uninvolved in the matter. Former HYBE employee accused the company of unfairly dismissing her of her position A recent post by former BIGHIT Communications director Elly Chae Eun, on s online forum, surfaced on June 7, KST, and sparked widespread discussion. In her Threads post, Elly Chae Eun claimed that she was forced out of her position by HYBE. She also made veiled comments about HYBE's "greed", which she seemed to imply contributed to her exit. She also mentioned giving her all to the welfare of the company. She revealed caring for 'sons of others' (male K-pop idols managed by the agency)— more than her own precious children. She also revealed the lack of work-life balance during her time as a HYBE employee, due to being overworked. She mentioned ending up with stress symptoms like 7 kg weight loss and extreme hairfall. As per her, even after all her hard work and sacrifices, HYBE failed to recognise her contribution, and thoughtlessly evicted her in 2017. They replaced her and other officials with their own acquaintances. While mentioning acquaintances getting unfairly appointed, she clarified that she did not indicate to the boy band BTS. As per the ex-BIGHIT Communications director, BTS"absolutely deserved everything they achieved" as "those seven were the beginning of HYBE itself." Elly Chae Eun referred to the popular boy band becoming one of the major shareholders of HYBE, and in turn receiving subsequent authority over the company. She said, "I sincerely congratulated the BTS members when they were given shares and became wealthy." However, regarding the others replacing former employees and reaping hundreds of billions of KRW profits without contributing to the building of the HYBE empire, she described it as "Truly evil.
