'Running Man' star Kim Jong-kook lost ‘billions of won’ to investment scams


By AGENCY

South Korean entertainer Kim Jong-kook revealed that he lost a lot of money to investment scams. Photo: Kim Jong-kook/Instagram

Celebrities can easily fall prey to scams as well, as revealed in an episode of South Korean reality series My Little Old Boy.

Kim Jong-kook, best known for being a member of the popular South Korean entertainment series Running Man (2010 to present), admitted that he has lost “billions of won” to investment scams. One billion won is about S$981,000 (RM3.4mil).

According to entertainment portal Starnews Korea, the 48-year-old star spoke about his experience with fraudsters on the June 9 episode of My Little Old Boy (2016 to present). He appeared in a segment along with actor Choi Jin-hyuk and singer Lee Sang-min.

Choi, 38, mentioned that he has received many text messages from various people and organisations, asking him to invest with them. Strangers have also asked him to lend them money. He asked Kim and Lee if they had faced similar situations.

Kim said he had been cheated, much to his friends’ surprise.

He was once offered financial advice by people around him and asked to invest. Kim subsequently learnt it was a scam and lost billions to fraudulent investments. He did not disclose when he was scammed and how much he lost in total.

He added he was affected by the loss, but now, he is more wary of making a fast buck. “I learnt the only way to make money is through hard work,” he added. – The Straits Times/Asia News Network

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Entertainment

Cher says ex-husband Sonny Bono ‘seriously thought’ about killing her near the end of their 'loveless marriage'
'Gladiator 3' already in works, say director and star
Japanese porn stars charging HK$150,000 for sex arrested in Hong Kong operation
Kenneth Ma and Moses Chan secure "No.1 brother" status in TVB anniversary group photo
'This episode is totally heartbreaking' says top promoter Kharisma Music; initiates legal proceedings against singer Aishah Retno for loss of income and slander
Former Miss Hong Kong Louisa Mak announces pregnancy months after honeymoon
Ready for another 'APT'? Blackpink's Rose to drop new song on Nov 22
Bee Gees drummers Dennis Bryon and Colin Petersen die within days of each other
Man claims trial to fraud over Andy Lau, Jay Chou concert tickets
Sean ‘Diddy’ Combs’ ex-bodyguard details animal sacrifice during Shyne shooting trial

Others Also Read