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Scooter Braun accused of embezzling HYBE funds for personal real estate purchases


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Posted

Concerns have been raised that Scooter Braun, CEO of HYBE America, purchased personal property and received rent from the company after joining HYBE. He acquired the property to provide a space for facilitating exchanges between famous artists from Ithaca Holdings and HYBE.

 

However, it appears that the expected role was not properly fulfilled as artists who had actively built networks left the company after the merger with HYBE. Questions are also being raised about whether it is appropriate for the company to pay rent for the CEO's personal property.

 

According to industry sources on the 18th, HYBE has spent 3.7 billion won on property acquisition through '3355 BARNARD, LLC (hereafter 3355 Barnard)', a related party, from last year to the third quarter of this year. In addition to spending a total of 2.5 billion won last year and 1.2 billion won in the third quarter of this year, they also used 21.9 billion won last year alone for the acquisition of other intangible assets.

 

https://njb-jj.notion.site/241120-Dealsite-HYBE-Pays-Rent-for-Property-Owned-by-Scooter-Braun-1441279fe54e802ebd38de6c485bf9ac

https://dealsite.co.kr/articles/131729

  • Like 1

Posted

Using Taylors blood money. Expose ha.

Posted

I'm all here for HYBE's downfall after what they did to NewJeans and all the horrible things they keep doing to BaeMon/BLACKPINK 

  • Like 4
Posted

arrest that RAT

 

 

Posted

So if I'm reading this correctly, he stole money from Hybe (sucks for them) and he may be under investigation for embezzlement (sucks for him)?

 

Good news. Both are horrible and deserve what's coming to them.

 

:suburban:

  • Like 5
Posted

49f646bd9e3cf9c1da001826f0b362f21c6e1e51

  • Thanks 1
Posted

JAILLLLLL

f*** him and bang pd

  • Like 1
Posted

remind me much did bang pd pay   for scooter company and who even is in that company since ariana and justin left

Posted

okay. I'm going to need the K-POP and Taylor stans to work their magic and make this disgusting man disappear. 

Posted

:rip:

Posted

Quick. Someone connect the dots and drag Ariana into this. I fear she has gotten too comfortable in life. 

  • Haha 1
Posted

The way Justin and Ariana used to be close with Scooter now they don't want to be associated with this rat 

Posted
15 minutes ago, Dialamba said:

The way Justin and Ariana used to be close with Scooter now they don't want to be associated with this rat 

It's funny how they don't want to be associated with him SINCE he is no longer their manager, cause they were pretty supportive in the meantime while we already knew he was a rat

  • Like 1
Posted

I mean hybe has been using their money to inflate sales too so…

Posted

Min Hee-jin should be calling Taylor right now. 

Posted

Jail ha

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