One Hundred Label CEO Detained for Fraud – Major Industry Scandal

One Hundred Label CEO Cha Ga-won detained for fraud involving 30 billion won. The label rapidly rose by poaching top artists (Baekhyun, Taemin, The Boyz) but collapsed after mass exodus over unpaid settlements. This is a cautionary tale about real estate money in K-pop and risks of rapid expansion without entertainment expertise. Affects multiple major artists' careers and label trust.