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Kim Sae Ron's massive financial debt confirmed: Court records reveal her as a creditor in her father's bankruptcy case; up to 1.20 billion KRW debt in total
Kim Sae Ron's massive financial debt confirmed: Court records reveal her as a creditor in her father's bankruptcy case; up to 1.20 billion KRW debt in total

Time of India

time21 hours ago

  • Entertainment
  • Time of India

Kim Sae Ron's massive financial debt confirmed: Court records reveal her as a creditor in her father's bankruptcy case; up to 1.20 billion KRW debt in total

The late actress Kim Sae Ron was under a lot of financial distress due to a large amount of debt that had been collected under her name. As per recent reports, it has been confirmed that the late actress had taken loans from a lot of people and agencies. Beyond that, Sae Ron's family's financial situation was also severely affected, adding to the actress' list of issues. Kim Sae Ron riddled with debt; reports confirm As per recent court records obtained by SBS Entertainment News, the late actress Kim Sae Ron had been in a lot of debt in the years leading up to her untimely demise. The 'Guitar Man' actress was listed as one of the 20 creditors in her father's bankruptcy case. The debt listed in the 2020 case amounted to approximately 200 million KRW. Beyond that, the actress had also invested in a family restaurant along with the help of her acquaintance. The restaurant started off in 2021, but due to financial difficulties within the firm and underperforming issues, it had to be shut down last year. Sae Ron lost her entire deposit amount on the restaurant, as it was closed before the official date for the contract expiration passed, as stated by the restaurant's owner. The DUI case caused major setbacks in his career The actress had already been suffering from a lot of financial turmoil. In 2022, the 'Mirror of the Witch' actress got into a DUI accident, which ended up causing a lot of issues for her. Sae Ron's career was directly affected, and she even faced a lot of public backlash as well. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Switch to UnionBank Rewards Card UnionBank Credit Card Apply Now Undo During the case proceedings for her accident, her lawyer had also quoted that 'She is the head of the household in her family. Not only her, but her family is also struggling financially.' Owed money to a lot of acquaintances and agencies What also added to the actress's financial difficulties is that she had taken loans from a lot of people. She allegedly owed debt to singers, actors, and athletes, as well as former agencies. Including these debts along with her bankruptcy case, the actress was under major financial distress of up to 1.20 billion KRW. The case surrounding Kim Soo Hyun and the late Kim Sae Ron continues These reports have come to light amid the ongoing dating scandal case of actor Kim Soo Hyun and the late Kim Sae Ron. After her sudden demise due to suicide, the latter's family had alleged that Soo Hyun had dated Sae Ron when she was a minor. They also alleged that the actor and his agency had been trying to extract money from the celebrity as well.

Bloodhounds turns 2: Kim Sae Ron lived in a Squid Game-like society, ‘was too scared to speak'; met Sulli and Go Hara's fate
Bloodhounds turns 2: Kim Sae Ron lived in a Squid Game-like society, ‘was too scared to speak'; met Sulli and Go Hara's fate

Indian Express

timea day ago

  • Entertainment
  • Indian Express

Bloodhounds turns 2: Kim Sae Ron lived in a Squid Game-like society, ‘was too scared to speak'; met Sulli and Go Hara's fate

Five years ago, a Korean journalist who had reported on at least 30 Korean actors' suicides in his 30-year career said he dreads late-night phone calls, because it often means another star has died, fallen victim to the same intense 'blame game.' Most of the global audience, unaware of a DUI scandal that had blown wildly out of proportion overnight, tuned in for Bloodhounds episode 7, two years ago, only to find its lead female actor, Kim Sae Ron, completely wiped from the screen. She crashed her car into a transformer while driving drunk in Gangnam, Seoul. Netflix washed their hands clean, edited out her scenes, and claimed they were maintaining 'quality' for their audience by dropping her. 'We tried our best to minimise the actress' appearance to decrease the viewer's discomfort. We did our best to increase the quality of the drama while minimising her appearance,' said the director at the time. Within next week, the brutal internet cancel culture had completely derailed the then-22-year-old's career she started building at the age of 9. Her private life became a public spectacle. Brands dropped her. She was quietly erased after one mistake, the internet refused to let her forget. Too scared to speak, too hated to heal, and too alone to fight back, Sae Ron went down the same dark road as Sulli and Goo Hara: young women cheered on the way up, and blamed on the way out. Also read: Amid Kim Soo Hyun backlash, a look at 7 Korean actors who bounced back from controversies 'I'm too scared to say anything about them,' Sae Ron said in court after being fined 200 million won ($139,000). Trembling, she expressed fear of the media and stressed that many of the articles circulating about her private life were untrue. She paid heavy compensation, legal fees, brand penalties, and cancellation costs, adding up to nearly 700 million won. Her agency cut ties. With no work and no money, she had to take part-time jobs, using a fake name, Kim Ah Im, just to get hired. But even there, she was hunted down. Influencers secretly clicked photos of her working at a café and floated them online, mocking her. Gossip YouTubers accused her of faking the café job to gain sympathy. She was dragged into a brutal media trial before the legal system even got a word in. Between the crash and her death, over 2,000 articles mocked her finances, tore into her for trying to smile or socialise, and painted her as a public disgrace. Her family believes those content creators had a direct hand in what happened to her. Today, public sentiment might be shifting, but it's too late, just like it was for Sulli, who rebelled against the K-pop world and fell victim to cyberbullying. It took her death for people to finally see the truth. After humiliating stories about her private life, Sae Ron tried speaking out, with a picture of her cheek-to-cheek with Kim Soo Hyun. His agency denied dating rumours, and people accused her of trying to ride his fame. She was again raked over the coals online. After Sulli and Goo Hara's deaths in 2019, lawmakers promised to act against online abuse. Nothing changed. Experts say celebrities like Kim live in a Squid Game society, where one wrong move gets you thrown out like trash, and everyone just moves on like you were never there. Oscar-winning film Parasite's actor, Lee Sun Kyun's death just months before was another stark reminder for the public to stop the witch hunt against Sae Ron, but the race for views, likes, and subscriptions still topped someone's life. Also read: South Korean singer Goo Hara's death exposes pressures of K-pop stardom Sae Ron made history as the youngest Korean artist to attend Cannes with A Brand New Life, at a time when South Korean A-listers struggled to grace the French Riviera carpet. Her roles in The Man from Nowhere and A Girl at My Door earned her national acclaim. She received a Baeksang nomination, the country's highest artist award, at a remarkably young age. But fame came with its own cruelty. Kim was bullied in school for her success. She walked home barefoot, had no friends show up at her birthday, and battled loneliness from the start. She was the sole breadwinner for her family, reportedly using all her earnings to support them, while her sisters failed to break into acting. The day her car crashed into a transformer, it caused a blackout affecting 57 businesses. Her blood alcohol content was 0.2%, far above the legal limit. Kim posted a handwritten apology, saying she was working to compensate for the damage. She took her own life in March 2025. Investigators ruled out no foul play.

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