CEO of The Givers Faces Prosecution Amidst Allegations of Business Interference

In a recent development, the CEO of The Givers, Ahn Sung Il, has been referred to the prosecution by the Gangnam Police Station in Seoul. The agency representing FIFTY FIFTY, ATTRAKT, disclosed the notification, stating that the case involving Ahn Sung Il has been recognized as a crime and forwarded for further legal action.

Eight months after filing a complaint against Ahn Sung Il, ATTRAKT received the initial police investigation results. The charges against the CEO include interference with business operations, damaging or destroying data processors, and breaching trust within the company.

Moreover, ATTRAKT continues to pursue additional charges against Ahn Sung Il, alleging occupational embezzlement, counterfeit of private documents, and the use of falsified documents. They express confidence that further criminal charges will surface as investigations progress.

This legal saga stems from a series of events, including FIFTY FIFTY's application for provisional disposition to suspend exclusive contracts with ATTRAKT in June 2023. ATTRAKT suspected The Givers of attempting to "buyout" the group and subsequently filed complaints against Ahn Sung Il for interference with business operations and breach of trust.

The unfolding legal proceedings cast a shadow over The Givers and its CEO, with the outcome yet to be determined by the legal system.