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[ASKKPOP] Authorities find suspicious financial transactions while investigating Core Contents Media's CEO

Authorities have found suspicious money transactions of large sums while investigatingCore Contents Media's CEOKim Kwang Sooformisappropriation of funds.


According toSeoul Newson the 15th, while the Seoul Central District Court's Financial and Tax Crime Department was investigation Kim Kwang Soo, they noticed that he had suspicious transactions with actress H as well asCJ E&M. Because of this, some believe that the investigations will spread from Kim Kwang Soo to cover many more in the industry.



Currently, Kim Kwang Soo is being investigated for misappropriating a portion of the 4 billion KRW (~ 3.9 million USD) that was given byKim Kwang Jin(former chairman ofHyundai Swiss Savings Bank) to use for his son, singerKim Jong Wook's debut and promotions. It's said this investigation was brought about after a petition was filed back in October of last year.