[Comprehensive] "The Money I Earned Over 30 Years Was Not Mine" Park Soo-hong Admits Suspicion of Embezzlement by Older Brother

"Financial Damage to Former Agency Operated Under Brother's Name"
Park Soo-hong's Older Brother A Managed Park's Assets for About 30 Years
Embezzled Approximately 10 Billion Won
Park Soo-hong: "Parents Were Completely Unaware of This Dispute"

Comedian Park Soo-hong / Photo by Park Soo-hong Instagram capture

[Asia Economy Online Issue Team] Comedian Park Suhong (51) has sparked controversy by confessing to suffering significant financial damage caused by his family. It has been reported that Park Suhong's older brother and sister-in-law operated his former agency under their names and embezzled money for decades. Following the revelation of this fact, condolences and support for Park Suhong have been pouring in from the entertainment industry.

On the 29th, Park Suhong opened up on his Instagram, saying, "I sincerely apologize for causing concern to many people due to the recent stories circulating online about me and my family."

He continued, "This is a family issue before it is a problem with the former agency," and added, "It is true that I suffered financial damage in relation to the former agency, and it is also true that the agency was operated under the names of my older brother and sister-in-law."

He further explained, "One day, after 30 years, I realized that many things I had built through my efforts were not actually mine," and said, "I tried to have a conversation to correct this big shock, but I have not received a response for a long time."

He added, "I am currently securing objective evidence regarding what has happened so far and have requested another conversation," emphasizing, "This is my final request, and if they do not respond to this either, I will no longer be able to consider them family."

The incident came to light recently when a netizen posted allegations of embezzlement by Park Suhong's older brother on a YouTube channel featuring Park Suhong and his pet cat 'Dahongi.'

On the 29th, Park Soo-hong posted on his Instagram account acknowledging that the embezzlement allegations against his older brother were true. / Photo by Instagram Capture

At that time, the netizen claimed, "Park Suhong made his older brother his manager 30 years ago and entrusted him with managing all assets, but only recently found out that assets worth around 10 billion won disappeared into the shares of his older brother and sister-in-law," and added, "His older brother and sister-in-law managed all of Park Suhong's earnings. Park Suhong's income was their livelihood, and they were extremely anxious about losing this income, which is why they opposed Park Suhong's marriage for life."

The netizen also said, "In front of Park Suhong, they said they were protecting all the money, accumulating and increasing assets, but behind his back, they pretended not to use it their entire lives," and added, "Believing this, Park Suhong later checked his bank accounts and asset status and confirmed that everything was registered under the names of his older brother, sister-in-law, and their children."

According to the netizen's claims, Park Suhong's older brother, Mr. A, worked as the manager of the one-person agency where Park Suhong has worked for the past 30 years. Mr. A is believed to have managed the profits generated by Park Suhong's activities in broadcasting, advertising, and other fields, registered them under his family's names, embezzled the money, and recently disappeared. The amount embezzled by Mr. A from Park Suhong is reported to be about 10 billion won.

Park Soo-hong traveled to Ulleungdo with his father on the SBS variety show 'My Ugly Duckling' in 2017. / Photo by Instagram Capture

However, Park Suhong made it clear that this embezzlement case has nothing to do with his parents. In his Instagram post, he said, "One thing I want to make clear is that my parents were completely unaware of this dispute until recently," and added, "What pains me the most is that I caused great concern to my parents. I sincerely ask that indiscriminate criticism and speculation about my parents stop."

Meanwhile, after this fact became known, support for Park Suhong continued in the entertainment industry.

Colleagues such as model and actress Lee Youngjin and broadcaster Jang Youngran left encouraging comments on his Instagram account, such as "Stay strong, oppa" and "Cheer up."

Netizens also left comforting messages like "Please regain your strength and prioritize yourself now," "I hope you fight and recover everything and win," and "Even if they are family, you must deal with them firmly if they are not."

This content was produced with the assistance of AI translation services.