“ A May 17 press conference held by girls's rights teams, in entrance of the SMPA, criticized the outcomes of the three
month Burning Sun investigation, conducted by
some 152 officers, as "dismal", with allegations of the membership's "cozy" ties with police, and the
unlawful filming of women and distribution nonetheless unresolved.
Seungri's business companion and CEO of Yuri Holdings, Yoo In-seok, age 34,
was investigated for connections to Gangnam police officer Yoon, embezzling Monkey Museum and the Burning
Sun's funds, and for supplying prostitutes, together with Seungri.
Junwon CEO Choi Tae-younger was charged with embezzling funds, together
with Seungri and Yoo. Police performed searches at the Burning Sun club, on the houses of CEO Moon and
a gross sales govt Han, as well as at Burning Sun Entertainment, YG Entertainment, Yuri Holdings, Junwon Industries and Club
Arena (and at the Seoul Regional Office of the National Tax Service of
South Korea related to allegations of tax evasion). Yonhap News Agency reported that one
of the club's investors, maybe Junwon Industries (additionally referred to
as Cheonwon Industry and a serious shareholder in Burning Sun Entertainment which operated Burning
Sun), Le Méridien Seoul's operator, might have cast a reference to the resort, in the
quantity of $8.8 million, using the middleman agency to draw larger
investments to the membership. ”