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Kim Jong-kook’s Shocking Confession of Multi-Billion Fraud

Singer Kim Jong-kook Reveals Experience with Fraud

On the 9th, the SBS show “My Ugly Duckling” featured Choi Jin-hyuk, the king of consumption, inviting Lee Sang-min and Kim Jong-kook to his housewarming party.

During the show, Lee Sang-min asked Kim Jong-kook, “Has anyone ever asked you to lend them money?” Kim Jong-kook replied, “Of course. My mother always told me that when lending money, I should do so without expecting it back.”

kim jong kook

When asked if he had ever been scammed, Kim Jong-kook admitted that he had, sparking curiosity.

Kim Jong-kook shared a shocking story, “I wasn’t swayed even after hearing about it a hundred times, but because everyone around me kept insisting I should invest, I finally did. The amount was several billion won.” 

He continued, “I thought it was a safe investment, but it turned out it wasn’t. After going through that, I decided to only focus on money earned through work and completely lost interest in anything else.”

In response, Choi Jin-hyuk explained, “My mother always said, ‘When you see an advertisement saying the boss is crazy, you should know it’s not true. The one who’s crazy is you.’ That’s why I relieved stress through spending,” revealing the reason behind his increased consumption.

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