Embezzlement Scandal: ATRACKT, Entertainment Agency of FIFTY FIFTY, Files Additional Criminal Charges Against The Givers' CEO An Seong-il
ATRACKT, the talent agency representing girl group FIFTY FIFTY, has lodged additional criminal charges against An Seong-il, CEO of The Givers, a content development group that was previously a contract services company for ATRACKT.
On July 7, ATRACKT announced, "We have filed additional charges against An Seong-il, CEO of The Givers, for business embezzlement, forgery of private documents, and use of forged private documents."
ATRACKT stated, "In the process of organizing the handover materials received from The Givers, we discovered an instance of embezzlement that occurred without prior agreement with ATRACKT. We have confirmed that The Givers forged a false service contract to commit the embezzlement."
The agency further noted, "The allegations of criminal activity by CEO An Seong-il continue to be confirmed, and we plan to hold him fully accountable if more charges are uncovered."
Previously, on June 27, ATRACKT revealed that they had filed charges against An Seong-il and two others for obstruction of business, electronic record destruction, and business embezzlement.
At the time, ATRACKT stated, "The Givers interfered with our business during the handover process by deleting company email accounts and project-related materials."
Moreover, ATRACKT accused The Givers of deceitfully purchasing the copyright for the song 'Cupid' from an overseas composer without providing information about the copyright purchase to the company.
ATRACKT also warned, "There are also other seriously suspicious circumstances, so the number of charges in the future could increase."
FIFTY FIFTY is a group launched by ATRACKT in November last year. Their song 'Cupid,' released earlier this year, entered the Billboard Hot 100 singles chart in the U.S., thereby boosting their share price.
ATRACKT alleges that The Givers tried to undermine FIFTY FIFTY by attempting to lure the group's members away through outside forces. Meanwhile, the members have shown their intention to leave ATRACKT by applying for a court injunction to suspend their exclusive contracts. The Givers have denied these suspicions, insisting that the members made an autonomous decision leading to the dispute over their exclusive contracts.
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