BTS' Jimin Falls Victim to Lee Jin Ho's Illicit Gambling Debt Scandal
In a surprising turn of events, edits have been made to remove Lee Jin Ho's appearances from an upcoming episode of the popular South Korean variety show "Knowing Bros." This decision came after reports emerged that the comedian had taken money from various celebrities, including BTS' Jimin.
The loans made by the celebrities to Lee Jin Ho, including Jimin, could have tax implications under South Korean law due to the absence of promissory notes. If no promissory note was issued, the lender (in this case, the celebrities) rather than the borrower, becomes liable for any unpaid gift tax under South Korean law.
The legal issues surrounding the loans made to Lee Jin Ho by celebrities, including Jimin, could have far-reaching consequences for those involved. BIGHIT, Jimin's music agency, revealed that Jimin loaned 100 KRW ($73,600) to Lee Jin Ho in 2022, which was never repaid.
The potential legal trouble for Lee Jin Ho's other victims arises due to the lack of promissory notes in their loans to him. The other victims involved in Lee Jin Ho's gambling debts who might face legal issues have not been publicly identified.
The absence of a promissory note could shift the liability for any unpaid gift tax from the borrower (Lee Jin Ho) to the lender (the celebrities) under South Korean law. This potential legal trouble for the other victims highlights the importance of issuing promissory notes in loan transactions, especially in cases where the borrower has a gambling addiction.
Lee Jin Ho, a South Korean comedian, admitted to suffering from gambling addiction. He made a public statement about the matter on his Instagram account. The incident has immediate consequences for Lee Jin Ho's career in the entertainment industry.
Netflix, the producers of the show "Knowing Bros," announced that Lee Jin Ho would be dropped from the program. The spread of rumors of other victims led BIGHIT to go public about the loan. Netflix expressed disappointment about Lee Jin Ho's absence from the press conference, as it was just a day before the show's premiere.
Jimin initially asked Lee Jin Ho to return the money within ten years, but the non-repayment led to public disclosure. The legal implications for Lee Jin Ho's other victims could be significant, as they did not issue promissory notes for their loans to him.
The potential legal trouble for the other victims underscores the importance of transparency and proper documentation in financial transactions, especially when dealing with individuals struggling with addictions. As the situation continues to unfold, it serves as a reminder for all parties involved to be cautious and mindful of the potential consequences of their actions.
