JTBC Reveals More Details On Yang Hyun Suk’s Gambling In Las Vegas

August 22, JTBC’s “News Room” and “Spotlight” reported additional main points on Yang Hyun Suk’s playing exploits in Las Vegas in addition to some suspicious industry job in Korea.

According to the studies through JTBC, Yang Hyun Suk visited MGM Grand in Las Vegas 11 instances over the past 5 years, and he had a complete of about 1.five billion received (roughly $1.24 million) in an MGM account.

He used 1 billion received (roughly $826,000) and misplaced kind of 600 million received ($500,000), enjoying as much as 17 hours an afternoon and making a bet a mean of 18 million received ($14,900) every hand.

A former worker of YG Entertainment stated to “Spotlight,” “Whenever YG artists went to the United States for performances, they always stayed at MGM Hotel and received VIP services. If we went with former CEO Yang Hyun Suk, everything was always free, even though there were so many of us. If we just gave our room number, even a high-end Japanese restaurant would be completely free.”

According to JTBC’s “News Room,” whilst Yang Hyun Suk and corporate had been staying at MGM in 2017, they gained kind of 400 million received (roughly $330,500) in complementary services and products.

Meanwhile, “Spotlight” additionally reported on a subsidiary of YG USA this is better than YG USA. The subsidiary became a benefit of about 2.2 billion received (roughly $1.eight million). One accountant stated to JTBC, “There’s reason for suspicion. It looks like a typical paper company.”

Moreover, in line with “Spotlight,” Yang Hyun Suk ran golf equipment in Hongdae and Gangnam, however at all times gained the benefit in money, somewhat than getting it deposited to a checking account. And over the 20 years of running the membership, he was once by no means registered as the landlord. An accountant commented, “First of all, he ends up paying less taxes, and there’s now untraceable money. It becomes money that can be used in the political world. Honestly, it’s difficult to get a hold of [large amounts of] cash.”

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