Labor Ministry probes entertainment agency for alleged wage theft

South Korea's Ministry of Employment and Labor has launched a comprehensive investigation into the entertainment agency One Hundred Label and two affiliated companies over allegations of unpaid wages. The probe, conducted by the Seoul Gangnam branch of the ministry, commenced sequentially in May following a series of wage theft complaints filed by employees since April.

One Hundred Label, co-founded by Cha Ga-won and singer MC Mong, has reportedly been experiencing significant financial difficulties. These challenges are attributed to a management dispute that led to MC Mong's departure from the company. The situation was further exacerbated by various allegations, including embezzlement of company funds. Consequently, several artists, including the group The Boyz and soloists Taemin and Lee Mujin, have left the agency, contributing to its worsening financial state.

The Seoul Gangnam branch is not only processing individual complaints but also conducting a full-scale investigation to protect the rights of all workers potentially affected. This extensive review aims to uncover the company's financial flows and payment capabilities to ensure employees receive their due compensation. The ministry has stated it will take strict action in accordance with relevant laws and procedures.