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CBX, VIVIZ & THE BOYZ Former Label CEO Cha Ga-Won Arrested Over Alleged RM86 Million Fraud

Summary by hype.my
Controversial K-Pop executive and One Hundred Label co-CEO, Cha Ga-won (차가원), has been arrested. She’s currently under investigation for allegations of fraud involving 30 billion won (approximately RM86 million). On 3rd August 2026 (Monday), the Seoul Central District Court issued an arrest warrant for Cha Ga-won following a pre-detention hearing on charges of fraud. The CEO is facing fraud charges under the Act on Aggravated Punishment of Speci…
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U.S. investment firm Bain Capital is acquiring a Taiwanese bubble tea chain. Nikkei Asia reported on the 5th that Bain Capital plans to acquire shares of Gong Cha from U.S. private equity firm TA Associates and other shareholders for more than US$635 million (approximately NT$20.22475 billion).

·New York, United States
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One Hundred Label Co-CEO Cha Ga-won has been officially detained by the Seoul Central District Court on suspicion of fraud worth 30 billion won. | Prosecutors said Cha Ga-won made double contracts and failed to realize an artist intellectual property rights project after receiving an advance of 304.67 billion rupiah. | The court only granted the detention request on the third application by the police due to the risk of destroying evidence.

·Indonesia
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Koreaboo broke the news in Seoul, Korea (the Republic of) on Tuesday, August 4, 2026.
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