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Korean trainer Yang Chi-seung says gym fraud losses reached nearly 2 billion won
En breve
Trainer Yang Chi-seung said he lost nearly 2 billion won in the fallout of a 기부채납 (donation-for-public-use) fraud case involving the gym he ran for years, up from earlier reports of about 1.5 billion won. He disclosed the figure and his emotional state on MBC’s “Radio Star,” which airs on 7 October at 22:30 with Choi Kang-hee, Oh Man-seok and Kim Won-hyo. He also said he is preparing a location-based restaurant app and a fitness equipment company.
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Trainer Yang Chi-seung said he lost nearly 2 billion won in the fallout of a 기부채납 (donation-for-public-use) fraud case connected to the gym he ran for years, according to reports carried by Korean business outlets. He gave the figure and described the period afterwards in an appearance on MBC’s “Radio Star,” scheduled to air on 7 October at 22:30 alongside Choi Kang-hee, Oh Man-seok and Kim Won-hyo. [ 1 , 2 , 3 ]
Yang said the total covers more than the deposit: facility investment costs, money that had to be returned to gym members, lawyer fees and about three years in which he could not operate the business normally. Earlier reports had put his fraud losses at about 1.5 billion won, but he said that once everything was added together the figure came to “nearly 2 billion won.” He said he had first intended to take back only his deposit and leave, and only understood the scale of the problem after hearing from other tenants who had faced similar issues. [ 2 , 3 ]
He also described the stress of that period, saying he once stopped his motorcycle and cried while shouting for a long time with his helmet on, and that when he got home he wiped his tears and returned to daily life as if nothing had happened. He said the thought that it would be too unfair to collapse gave him the strength to get up again, and he mentioned Choi Kang-hee, who prayed for him, and Kim Sook, who looked for a new gym location for him. [ 1 , 2 , 3 ]
Yang said he has since taken on new projects. He said he had long enjoyed cooking, took part in the competition show “흑백요리사” after months of preparation and finished filming, but that his segment did not appear in the broadcast although producers told him the editing had gone well. He said he is now preparing a location-based restaurant app and has started a fitness equipment company, and is considering a platform connecting trainers and members as well as a food business. [ 3 ]
Por qué importa
The disclosure puts a specific figure on a dispute that has been discussed in Korean entertainment and business coverage, and it is attached to a fraud case that also affected other tenants, according to Yang. Beyond the accounting, the story is mainly a public airing of a long-running business failure and a comeback attempt by a well-known trainer, which is why it appears in business and lifestyle coverage rather than in court reporting.
Datos clave
- Trainer Yang Chi-seung said the total damage from the gym fraud case was “nearly 2 billion won,” including deposits, facility investment, member refunds, lawyer fees and about three years of lost normal operations. [ 1 , 2 , 3 ]
- Earlier reports had put his fraud losses at about 1.5 billion won, which the broadcast appearance revised upward. [ 2 ]
- He said he initially intended to recover only the deposit and leave, but understood the scale of the case after hearing from other tenants with similar problems. [ 2 , 3 ]
- He said he once parked his motorcycle, put on a helmet and cried while shouting for a long while, then wiped his tears at home and went back to his routine as if nothing had happened. [ 1 , 3 ]
- He named Choi Kang-hee, who prayed for him, and Kim Sook, who looked for a new gym space for him, as people who helped him recover. [ 2 , 3 ]
- He said he took part in the cooking competition show “흑백요리사” after months of preparation and completed filming, but his segment did not air. [ 3 ]
- He said he is now preparing a location-based restaurant app and has started a fitness equipment company, with plans for a platform linking trainers and members and for a food business. [ 3 ]
- The MBC show “Radio Star,” with guests Choi Kang-hee, Oh Man-seok, Kim Won-hyo and Yang Chi-seung, is scheduled to air on 7 October at 22:30. [ 2 , 3 ]
Confirmado por varias fuentes
- Yang Chi-seung put his losses from the gym-related fraud case at close to 2 billion won. [ 1 , 2 , 3 ]
- Yang Chi-seung is to appear on MBC’s “Radio Star” on 7 October at 22:30, alongside Choi Kang-hee, Oh Man-seok and Kim Won-hyo. [ 2 , 3 ]
- The damage figure he described includes deposits, facility investment, member refunds, lawyer fees and roughly three years in which the business could not operate normally. [ 2 , 3 ]
Aún sin aclarar
- What happened in the 기부채납 fraud case itself, who is alleged to be responsible, and whether any legal proceedings are under way. The documents describe the case only as the background to Yang’s losses and give no details of the alleged fraud or its legal status.
- Whether the roughly 1.5 billion won figure previously reported was a partial count or a separate estimate. One document says the larger figure emerged only after adding deposits, investment, refunds, legal fees and lost operating time; no outlet explains the earlier figure fully.
Qué dicen los medios locales
Cronología, hora local
- Newsis publishes a report whose headline says Yang Chi-seung cited damage of nearly 2 billion won and described crying while wearing a helmet. [ 1 ]
- Maeil Business reports the coming broadcast and that his losses, earlier put at about 1.5 billion won, were larger once all costs were added. [ 2 ]
- Seoul Economic Daily publishes further detail from the appearance, including his account of the day he cried in a helmet and his new ventures. [ 3 ]
- “Radio Star,” featuring Yang Chi-seung with Choi Kang-hee, Oh Man-seok and Kim Won-hyo, is scheduled to air on MBC. [ 2 , 3 ]