Yoo Byung Jae Breaks Silence on Devastating Debt Scam, Reveals He Was Stuck with 700 Million KRW Loan After Trusting the Wrong People!
TV personality and writer Yoo Byung Jae, shocked fans with heartbreaking news about a massive debt scam he fell victim to.
In a recent video shared on his YouTube channel, Yoo revealed that he had lent a whopping 700 million KRW to acquaintances—only to find himself unable to recover the money.
On December 27th, Yoo opened up about the painful experience, stating, "Today, I will help you get the money you’ve lost," but quickly added, "To be honest, I’m not someone who deserves to make this content today." He continued, saying, "I will be sharing for the first time the money I lent and haven't received back."
His close friend and CEO of his agency, Yoo Gyu Seon, expressed concern over his decision to speak publicly, asking, "Is it okay to say this?"
Yoo Byung Jae explained that the total debt had grown to 700 million KRW after his older brother, Yoo Gyu Seon, became involved. Originally, it was a little over 600 million KRW, but with his brother’s involvement, it reached the full 700 million KRW.
Yoo Byung Jae added, "The heartbreaking part is that almost all the people who borrowed this 700 million KRW from me don’t even know how much they owe me". His candid words left viewers in shock and disbelief.
He clarified the gravity of the situation, saying, "I’m not laughing right now. This is not something to laugh about."
In other news, Yoo Byung Jae recently confirmed his relationship with 9-year-younger influencer Lee Yoo Jeong, who had previously gained attention for her appearance on the reality show Love Catcher 4. This new revelation adds an unexpected twist to his already eventful year.
