Home   >   Entertainment   >   South Korean comedians establish new agency following embezzlement scandal

South Korean comedians establish new agency following embezzlement scandal

January 26, 2015
Kim Dae-hee (Yonhap)

Kim Dae-hee (Yonhap)

A group of prominent South Korean comedians that found themselves without an agency after an embezzling scandal have set up a new company under the direction of comedian Kim Dae-hee, Yonhap reported.

CoKo Entertainment, which shut down its doors Saturday, was headed by co-CEOs Kim Woo-jong and comedian Kim Jun-ho.

Kim Woo-jong allegedly embezzled millions of dollars from the company and fled overseas.

The agency managed about 40 comedians, among them big-name talents Lee Kuk-joo, Kim Dae-hee, Kim Joon-hyun and Kim Ji-min.

The same group of talents will come together under JD Bros, the newly established agency.

“I’m thankful to our comedians for patiently waiting during a difficult time,” Kim Dae-hee said. “Because I know how difficult it can be to carry out activities without an agency, we all got together and made a small company that is ours.”

JD Bros, along with Kim Dae-hee and Kim Jun-ho, announced they would compensate out-of-pocket some of the talents’ unpaid fees that resulted from the CoKo scandal.