Singer KANGDANIEL (former WANNA ONE) files criminal complaint against major shareholder of management office... Claiming damages of 1.1 billion yen due to name theft

Singer KANGDANIEL (former WANNA ONE) has begun criminal proceedings against the major shareholders of the management office. On the 20th (today), Korean media YTN reported that KANGDANIEL
A, a major shareholder of the currently operating management office CONNECT Entertainment, is accused of forging private documents worth 10 billion won (approximately 1.147 billion yen) and 2 billion won (approximately 229.43 million yen).
The company filed a complaint with the Seoul Metropolitan Police Agency on suspicion of embezzlement and breach of trust in relation to the aggravated punishment of specific economic crimes in Korea, violation of the Information and Communications Network Act worth approximately 2 billion won, and fraud under the Criminal Code.
A is the de facto owner of the management office, with about 70% of the shares. Kang Daniel is seeking litigation against its major shareholders after a 10 billion won prepayment distribution contract became a problem.
It was revealed that he had filed a criminal complaint against A. He said that A had stolen his name as the representative and stamped the corporate seal in December 2022 to enter into a prepaid distribution contract, which resulted in losses.
Previously, KANGDANIEL founded CONNECT Entertainment in 2019 and served as its CEO.
In addition, the exclusive contract with the agency is due to expire early next month, so it is expected that the process of parting ways will come naturally.
Meanwhile, CONNECT Entertainment is home to singers such as KANGDANIEL, Chancellor, and Yuju.