Singer Lee Seung-gi declared that he would “cut off ties with his father-in-law” once again after he was indicted for stock price manipulation. On the 29th, Lee Seung-gi released an official statement, expressing regret as he conveyed, “It is with a heavy heart that I deliver this message.” He stated, “Although a fine was imposed in the previous trial for the illegal activities continuously raised by my father-in-law, I am now facing another indictment by the investigative authorities due to similar illegal actions.”
He went on to express a complex sentiment, saying, “As someone who has been waiting for the results based on family trust, I cannot help but feel deep sorrow about my father-in-law’s misconduct.” Lee Seung-gi then deeply reflected on his hasty remarks without thoroughly examining the issues related to his father-in-law last year, stating, “I believe that appropriate punishment must be given for illegal acts, and I sincerely apologize for the pain suffered by the victims due to premature judgments.”
Finally, he bowed his head, saying, “The trust between family members has been severely damaged by this incident, making it difficult to restore, so my wife and I have decided to cut off ties with the in-laws after much deliberation.” He added, “I apologize once again for causing concern and disappointment with personal matters.”
Lee Seung-gi married actress Lee Da-in (32, Lee Ra-yoon), the daughter of actress Lee Mi-ri, in April 2023 and held their daughter in February last year. However, Lee Seung-gi’s father-in-law faced allegations of inflating the stock price of a KOSDAQ-listed company to pocket tens of billions of won, which tarnished Lee Seung-gi’s image.
Last June, the Supreme Court overturned the acquittal in the stock price manipulation case involving Lee Seung-gi’s father-in-law, with his agency Big Planet Made Entertainment stating, “This issue pertains to events before Lee Seung-gi’s marriage” and “is a matter for the family to resolve,” sparking controversy.