'Fraud' Former Agent of Son Heungmin Faces Additional Lawsuit Over Alleged Asset Concealment

Plaintiff Claims "Former Agent Hid Assets After Losing Lawsuit"
Son Woongjung, Son Heungmin's Father, Submits Petition Urging Investigation

Jang Mo, the former agent of national football team player Son Heungmin, who is suspected of attracting external investment by falsely claiming to hold exclusive rights to Son’s advertising and portrait rights, has been sued not only for fraud but also for evasion of compulsory execution.

Son Heung-min being interviewed. Photo by Yonhap News.

According to the Gangnam Police Station in Seoul on the 25th, the CEO of an investment company, referred to as Mr. A, recently filed a criminal complaint against Jang for evasion of compulsory execution, and the police have launched an investigation.

Mr. A, who attempted to acquire shares of Sports United owned by Jang in 2019, claims that he trusted the "exclusive agent contract" presented by Jang at the time and paid part of the purchase price—4.9 million dollars (approximately 5.8 billion won).

However, Son Heungmin’s side later rebutted, stating that they had never granted Jang exclusive rights. Mr. A filed a lawsuit against Jang to recover the investment, and the court ruled that Jang must compensate approximately 600 million won in damages.

Nevertheless, Jang did not return the money. Mr. A alleges that Jang intentionally concealed assets, pointing to actions such as changing the name of another business Jang operated and closing it down, and filed the complaint on this basis.

Meanwhile, Son Heungmin’s father, Son Woongjung, reportedly submitted a petition to the financial crimes investigation unit last month, urging a thorough investigation and the securing of Jang’s custody.

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