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Skip navigation! Story from Entertainment. March 12, , PM. Prostitution is illegal in South Korea. Lee Seung-hyun, who has gone by the stage name Seungri for the past decade that K-pop juggernaut Big Bang has dominated the scene , was accused of allegedly arranging for investors to receive sexual favors at Arena nightclub in Gangnam. Following the allegations, the year-old announced on his Instagram that he had decided to retire from the the K-pop industry and leave his management agency, YG Entertainment, despite his continued denial of the allegations.
As for the ongoing investigation, I will take it seriously to clear myself of all the allegations. I give my heartfelt, sincere thanks to fans at home and abroad who gave their love for the past 10 years, and I think this should be it for the sake of the reputation of YG and Big Bang. Refinery29 has reached out to YG Entertainment for comment. Since the news surfaced, YG Entertainment stock has slid by 14 percent. Though he would serve for a minimum of 21 months, police have said they can continue their investigation while he serves.
Much of this is thought to have begun after a video surfaced online of a man being assaulted by employees at Burning Sun, a nightclub where Seungri served as public relations director and sat on the board.
According to local news , the man said that he was attempting to defend a woman who had been molested at the nightclub. Since then, many women have come forward alleging they had been assaulted or drugged at Burning Sun, and local authorities have opened an investigation since late January, In fact, according to statistics revealed by Rep. Lee Jae-jung of the Democratic Party of Korea, complaints β detailing assault, drugs, sexual harassment, abduction and detainment β had been filed with police against Burning Sun since it opened in February And in the last two months, the club which closed on February 17 faces allegations of bribery of the Gangnam police , securing prostitutes for VIPs, rape, drug trafficking and drug use, according to the Seoul Metropolitan Police Agency.
The group also was found to have been sharing hidden camera footage and photos of men engaging in intercourse with drugged or intoxicated women.