K-pop enthusiast Singaporean businessman David Yong charged with falsification of accounts


David Yong, the CEO of Evergreen Group Holdings and known for his appearances on Korean TV and YouTube, has been accused of falsifying accounts in Singapore. Allegedly, he collaborated with an individual to fabricate a tax invoice from Evergreen Assets Management, with potential penalties including a fine, imprisonment, or both. The Singapore Police reported suspicions of misuse of investor funds by various companies under Evergreen Group Holdings. Despite numerous attempts to reach Yong for comment, he remained unresponsive. Yong, a K-pop enthusiast, had invested in the K-pop entertainment agency Attrakt and expressed intentions to expand his business network in Korea. However, an executive from Attrakt revealed that they no longer required Yong's investment due to a change in their plans for a girl group project. Yong had previously mentioned his involvement in recruiting members for the second generation of Fifty Fifty, a multinational K-pop group that aimed to include members from Southeast Asia. Despite a previous audition held in Singapore, none of the candidates made their debut in the K-pop scene with Fifty Fifty. Additionally, discussions had taken place regarding a potential partnership between Yong and Attrakt for when suitable candidates were ready to debut.


Previous Post Next Post