FIFTY FIFTY Files Criminal Charges Against Their Agency ATTRAKT’s CEO
FIFTY FIFTY has filed a criminal complaint with the police against Jeon Hong Joon, the CEO of their agency ATTRAKT.
Before ATTRAKT, the FIFTY FIFTY members were originally signed to Jeon Hong Joon’s previous company Star Crew Entertainment, though they later transferred to ATTRAKT ahead of their debut. Reiterating an argument the law firm previously made in court, Barun made claims about specific financial issues stemming from funds and debts being transferred back and forth between the two companies.
Additionally, it was confirmed that ATTRAKT had the advance payment of 2 billion won that needed to be received from FIFTY FIFTY’s album distributor deposited to Star Crew Entertainment, not ATTRAKT. Up until now, the agency [ATTRAKT] has consistently evaded responsibility by making light of FIFTY FIFTY’s request for provisional disposition [to suspend the validity of their exclusive contracts] as complaints about the payment of their earnings. However, the FIFTY FIFTY members’ [grievances] about ‘the agency’s delay in providing statements on their earnings, missing revenue, and violation of their settlement obligations’ go beyond mere complaints.
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