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CNA
30-04-2025
- Entertainment
- CNA
South Korean actor Lee Seung-gi cuts ties with father-in-law, following latter's arrest for alleged stock manipulation
South Korean actor-singer Lee Seung-gi, 38, announced on Tuesday (Apr 29) that he and his wife Lee Da-in have severed ties with the latter's family, following the arrest of Lee Da-in's father, Lee Hong-heon. On Tuesday morning, it was reported that Lee Hong-heon had been arrested for his alleged involvement in the stock manipulation of the renewable energy company Quantapia and for violating the Capital Markets Act. Lee Hong-heon was previously on trial for artificially inflating stock prices, and in 2018, he was sentenced to four years in prison and a fine of 2.5 billion won (US$1.75 million). However, Lee was acquitted the following year after filing an appeal. The appeal was overturned in 2024 by South Korea's Supreme Court. Following Lee Hong-heon's arrest on Tuesday, Lee Seung-gi issued a statement, via his agency, apologising for past remarks in which he defended his father-in-law. "Although my father-in-law was previously sentenced to a fine in the ongoing allegations of illegal conduct, he has recently been indicted again by authorities for similar unlawful acts. As someone who had been waiting for the outcome based on family trust, I am devastated by my father-in-law's misconduct," said Lee. "I deeply regret speaking carelessly last year without fully reviewing the issues related to my father-in-law. I believe that any illegal actions must be justly punished, and I sincerely apologise to the victims who may have suffered because of my rash judgement." Lee added that the incident had "severely damaged the trust within the family to an irreparable degree". "After much deliberation, my wife and I have decided to sever ties with my in-laws. From now on, I will live with sound values and contribute to a healthy society. Once again, I bow my head in apology for causing concern and disappointment over this personal matter."
Yahoo
29-04-2025
- Entertainment
- Yahoo
Lee Seung Gi cuts ties with in-laws following ongoing legal troubles
29 Apr - Lee Seung Gi has shocked everyone when he just recently released an official statement announcing that he and his wife, Lee Da In, have made the difficult decision to sever ties with her family following a series of legal troubles that her father, Lee Hong Heon, is involved in. In his statement released on 29 April, the actor expressed his devastation upon learning that his father-in-law had been indicted again on charges related to stock manipulation of a renewable energy company called Quantapia. Lee Hong Heon was previously under investigation for allegedly making substantial illicit gains by manipulating stock prices of a company called COREBEAT in 2016. He was initially sentenced to four years in prison and fined 2.5 billion won (approximately USD 1.7 million) in 2018, though he was later acquitted on appeal. However, in 2023, the Supreme Court overturned this acquittal and sent the case back for retrial, where he was ultimately fined. "Although my father-in-law was previously sentenced to a fine in the retrial regarding the ongoing allegations of illegal activities, he has recently been indicted again by investigative authorities for similar unlawful acts," Lee Seung Gi stated. The actor also apologised for the statements which he made in 2024 where he had called allegations against his father-in-law "clearly false." He admitted that he had then spoken without fully verifying the facts. "I firmly believe that any illegal acts must be met with appropriate punishment, and I sincerely apologise to the victims who may have suffered due to my hasty judgment," he continued. Lee Seung Gi married his wife Lee Da In in April 2023. She is the daughter of actress Kyeon Mi Ri, who was reportedly a major shareholder in the COREBEAT company. "This incident has irreparably damaged the trust within our family, and after much deliberation, my wife and I have decided to sever ties with her family," the actor explained in his heartfelt statement. (Photo Source: Lee Seung-gi IG, Lee Da-in IG)
