Lee Seung Gi Responds to Claims Linking His Luxury Villa to Questionable Loans and Deposits

Lee Seung Gi is facing controversy over a luxury villa lease linked to Cha Ga Won, chairman of PIARC Group and head of ONE HUNDRED LABEL.

The controversy started with a PD’s Notebook episode exposing high-value lease deals in a luxury villa. All four units in the building remain unsold. Two units are occupied by artists connected to Cha Ga Won — Lee Seung Gi and EXO’s Baekhyun.

Lee Seung Gi’s unit reportedly has a lease deposit around ₩10.5 billion KRW (about $6.93 million USD). Baekhyun’s is said to be even higher at ₩16.0 billion KRW (about $10.6 million USD). The villas are linked to growing debt and large loans following the celebrity leases.

Lee Seung Gi spoke out about the situation. He said Cha Ga Won pushed him and his wife to move into the villa.

“She told us the unit above his was empty and said he wanted to live close to us and rely on us. We turned him down several times, but he kept insisting.”

Lee added the lease process went south after moving in.

“We were told the appraisal was delayed and the exact lease amount couldn’t be finalized. Then after we moved in, the amount they requested was more than three times higher than what had originally been discussed.”

Cha Ga Won denied wrongdoing, claiming she covered billions of won in loan interest payments for the artists over the last three years. But Lee Seung Gi pushed back.

“She promised she would continue covering the loan interest herself.”

He says those payments stopped happening as promised.

Several media outlets tried reaching ONE HUNDRED LABEL for comment after the broadcast. Reports say their PR team resigned recently, and legal reps didn’t respond.

The issue is ongoing with both sides telling different stories about the lease deals and payments.

Stay tuned as this real estate drama unfolds around Lee Seung Gi and top celebrities linked to Cha Ga Won.