According to Dispatch, despite having massive assets, Park Min-young’s ex-lover has an extremely suspicious background
Recently, Dispatch accused Park Min-young of lying and receiving 250 million won (approx 200,000 USD) from her wealthy ex-boyfriend. While Park Min-young herself has spoken up against the accusations, discussions about the actress and her ex-lover continue on various Korean forums.
Previously in 2022, Dispatch revealed Park Min-young’s relationship with wealthy businessman Kang Jong-hyun and exposed his controversial past. After learning about the actress’s romance with Kang, fans were surprised, assuming that Park Min-young’s boyfriend would be a handsome actor, given her previous dating rumors with attractive co-stars.
However, Park Min-young’s ex-lover Kang Jong-hyun has an extremely suspicious background. He is a wealthy figure, once serving as the president of companies such as Vident, Inbiogen, Bucket Studio, South Korea’s largest virtual currency exchange Bithumb, and even has a close relationship with Hook Entertainment – the management company of Park Min-young.
The actress’s ex-boyfriend is estimated to have assets of up to 23 billion won (approx 17.5 million USD), but his name does not appear in any documents related to the companies. Everything is registered under Kang Ji Yeon, Kang Jong-hyun’s younger sister.
Kang Jong-hyun started a mobile phone business in 2010. In 2013-2014, he was accused of embezzling 3.5 billion won (approx. 2.6 million USD) from the investment fund A Capital by fraud and falsifying documents. In 2016, he was sentenced to 2 years in prison, 3 years of probation, and 80 hours of community service.
Dispatch met with an anonymous informant who confirmed that Kang Jong-hyun embezzled money from the investment fund and has close ties to the underworld in Seongnam. The man is also said to be managing a resort business in Pattaya, Thailand.
Kang Jong-hyun owns a luxurious villa in Hannam, Seoul. Park Min-young often visits her ex-boyfriend’s house instead of her own villa in Cheongdam, Seoul. Additionally, the businessman owns a fleet of luxury cars, including Maybach, SUV, Lamborghini, Bentley, Rolls Royce, and so on. He is also known for his extravagant lifestyle, once spending up to 100 million won (approx. 76,000 USD) on champagne at a high-end nightclub in Gangnam, Seoul, in 2018.
According to Dispatch, Park Min-young visited her boyfriend’s family in Wonju, Gangwon Province, on August 3, 2022. Kang Jong-hyun’s mother and Park Min-young are allegedly close, even hugging each other goodbye. After leaving Wonju, the couple visited Park Min-young’s parents in Cheongdam, Seoul. This indicates that Park Min-young and her boyfriend have met each other’s families and received the support of their parents. However, just one day after their relationship was exposed, Park Min-young announced her breakup with Kang Jong-hyun.
In late 2022, Kang Jong-hyun was indicted again for embezzling more than 60 billion won (approx. 45 million won) from a company to buy stocks and for personal spending. Park Min-young was also summoned for investigation in February 2023. The investigative agency discovered that Park Min-young’s name was used in a bond transaction, however, the actress denied any involvement in her boyfriend’s illegal business.
Park Min-young’s ex-boyfriend was released on bail on December 12, 2023, after 10 months in temporary detention for violating the Capital Market Act. The bail amount for him was up to 300 million won (approx. 228,000 USD). Kang Jong-hyun is restricted from leaving his residence and must wear an electronic monitoring ankle bracelet.
Park Min-young was recently accused of receiving 250 million won from her boyfriend by Dispatch
Source: K14
