Namgoong Kyun, the CEO of Humasis and largest shareholder of Fantagio, is currently being heavily investigated for criminal tax evasion. Authorities are currently tearing apart every single company under him to find anything suspicious.
They likely ran into Eunwoo's mom's company and red-flagged it to investigate further. Anyone aware of the issues Eunwoo has endured with Fantagio since 2018 will read his mother's statement and it will make complete sense, because it confirms all the fears we've had for years.
Here is the difference:
Namgoong Kyun is being criminally investigated for tax evasion. Penalty if true: Prison time + heavy fines + criminal record.
Cha Eunwoo is undergoing a standard tax audit that any regular citizen undergoes. Penalty: You just pay the difference in tax. No prison. No criminal record.
He is NOT being criminally investigated even though the headlines want you to think that.
Additionally, you cannot host an international diplomatic event like the APEC Gala while under criminal investigation. The government's vetting process is extreme. If he were actually a tax evader, he would have been blacklisted.
Whatโs happening now? Itโs a dispute over tax brackets. His mom needs to prove her company is a valid business entity eligible for the corporate tax rate rather than the personal rate. If validated, they owe nothing. If rejected, they pay the difference. Thatโs it.
This witch hunt is forced. Tax audits are standard procedure. NO celebrity is immune.
And ffs can fans please stop saying Eunwoo is too sweet and innocent. I love the man, but he's 29 and we don't know him personally. As a fan I will always hold him accountable for anything I am morally against.
Getting a tax audit is not morally wrong.
This is misinformation. There is no criminal investigation. He did not evade taxes and he is not going to jail.
Cha Eunwoo paid his taxes at the corporate rate (~20%). NTS just thinks he should have paid at the individual rate (~49%) and is asking for the 20B won difference. CEW's side says they are a legit company, so shouldn't need to pay the individual rate. That's it. It's a classification dispute, not a crime.