T-ARA can breathe a sigh of relief now that the police have reportedly caught the man accused of scamming the group out of roughly $174,000 (200 million Korean won), reports Allkpop .
The Seoul Gangnam Police Department announced earlier this week that a 41-year-old, referred to as a certain Mr. Jung, has been apprehended for allegations of fraud.
The police said that Jung has been charged with embezzling funds he received for a planned Japanese concert for the girl group. The man allegedly ran away with the money given by the former president of T-ARA’s agency.
After the former president reported the incident to police, a warrant was issued for Jung. The suspect, who police said has ties with mobsters, was apprehended on October 4 by undercover agents.
“We have additional investigations to conduct relating to the cash transactions so we discharged him after confirming his guarantor. After further investigations, we plan to prove the charges against him,” a police representative reportedly said.
T-ARA is one of the most popular K-Pop girl groups promoting in Japan and China. With T-ARA recently signing a contract with the Chinese agency Banana Plan which is owned by one of the richest men in China, Wang Sicong, the group is looking to promote even more aggressively overseas.
T-ARA is coming off a Korean promotions run for their album “So Good,” which released on August 3.
Mickey is a writer and digital content creator based in Manila. He is a co-founder of ZAVI App and editor of the small business blog IndieMickey . He has also been bitten by the K-Pop fashion bug – follow him on Instagram @mickjami .