It has just been reported that BLACKPINK's Lisa was a victim of fraud by her former manager. Initial reports said that the manager, who has worked with BLACKPINK since their debut, got money from Lisa to "look into real estate for her" but used the money amounting to 1 Billion Won (over $800,000) to gamble instead.
"After looking into the matter, we confirmed that Lisa was a victim of fraud by former manager 'A.'
"According to Lisa’s wishes to settle this amicably, as the former manager was someone Lisa had trusted, Manager 'A' has reimbursed a part of the sum and has left the company after agreeing on a reimbursement plan for the rest of the sum.
"We bow our heads and apologize for causing concern to the fans who love our artist.
"We are embarrassed by the misconduct of 'A,' and we are feeling responsible for the management and supervision. We are taking preventive measures so that this does not happen again."
BLACKPINK's most recent project is a single with Lady Gaga called "Sour Candy." It has also been confirmed that they will be holding a comeback in September this year.
This story originally appeared on Cosmo.ph.
* Minor edits have been made by the Candymag.com editors.