Kang Min-kyung, Father and Brother Accused of Fraud... "Cut Off Contact, Unrelated to Me"

Agency States "No Involvement in Father's Business"
Father Responds with Counterclaim for Defamation Charges

Singer Kang Min-kyung's father, Mr. A, and her older brother, Mr. B, have been reported to be sued on charges of real estate fraud. In response, Kang Min-kyung's side stated that she is not involved in the controversy surrounding her father and brother.

Kang Min-kyung's agency, Wake One, said on the 6th, "Since debuting at the age of 18, Kang Min-kyung has experienced several unpleasant financial issues caused by her father," adding, "Having suffered greatly, Kang Min-kyung cut off contact with her father and has never been involved in her father's business."

Singer Kang Min-kyung's father, Mr. A, and her older brother, Mr. B, have been reported to be sued on charges of real estate fraud. Meanwhile, Kang Min-kyung's side stated that she is not related to the controversy involving her father and brother.
[Photo by Asia Economy DB]

The agency continued, "Nevertheless, to fulfill moral responsibility toward the victims, she has repaid her father's debts," and stated, "Kang Min-kyung is not involved in any business, including investments and development under Abiemua, where she is currently registered as a representative, nor any other ventures."

The agency also clarified, "This incident is completely unrelated to Kang Min-kyung, who was unaware of it," and added, "We will take a firm stance against any issues arising from the misuse or impersonation of Kang Min-kyung's name in the future."

They further explained, "Kang Min-kyung revealed these facts out of a desire to prevent further victims from emerging," and apologized, saying, "We are sorry for causing concern to many people with this unfortunate news."

Kang Min-kyung Photo by Asia Economy DB

Earlier that day, a media outlet reported that Kang Min-kyung's father, Mr. A, and older brother, Mr. B, who run a real estate development company, signed a real estate development contract worth a total of 1.2 billion KRW but failed to fulfill it. The complaint was filed on the 2nd at the Yeonje Police Station in Busan.

According to the report, Mr. A and Mr. B claimed to investors, including Mr. Park and 18 others, that they would develop a forest land located in Munji-ri, Paju, Gyeonggi Province, within two years around September 2017. They promised to refund the money if the land value did not increase after development.

Investors signed contracts to invest 400,000 KRW per pyeong, totaling 1.2 billion KRW, in the said forest land. However, the land has not been developed to this day despite the contract. During this process, one investor was even arrested on fraud charges. Investors claim that Mr. A verbally promised to repurchase the investment or compensate with other land but failed to keep even this promise.

On the other hand, Mr. A reportedly filed a counter-lawsuit for defamation against five complainants, denying that he ever signed investment contracts with those individuals.

Mr. A stated, "I never signed investment contracts with those people, so I have no money to pay. Their claims are essentially saying, 'Give us money because you are Kang Min-kyung's father,'" and added, "I have filed complaints against those who left comments on my daughter's YouTube channel or called her shopping mall, and I will continue to respond strongly."