While Seungri and Yoo In Suk‘s arrest warrant was denied due to uncertainty over his embezzlement charges, MBC was able to obtain a copy of his arrest warrant, showing exactly what he was charged with during his arrest warrant case.
According to the arrest warrant, Seungri was accused of being very active in soliciting prostitution between December 2015 to January 2016.
Starting in December 2015, Seungri ordered for women to entertain Taiwanese investors. Yoo In Suk called in 2 women, and sent ₩3,600,000 KRW ($3,023.41 USD) to a broker in return.
Days later, 9 Japanese investors arrived in Korea, and Yoo In Suk once again engaged in prostitution solicitation. The ₩37,000,000 KRW ($31,073.90 USD) hotel fee for the investors was paid for by Seungri, who used the YG Entertainment corporate card.
The police confirmed a total of 12 cases of prostitution solicitation, with a total of ₩43,000,000 KRW ($36,112.90 USD) being transferred in exchange for their services.
The police’s investigations revealed that Yoo In Suk even used his grandmother’s bank account to transfer money to the brokers. The warrant also states that the prostitution was conducted through various adult entertainment establishments in Gangnam.
Regarding the embezzlement charges, it was revealed a total of ₩550,000,000 KRW ($461,909.25 USD) was embezzled, with ₩520,000,000 KRW ($436,714.20 USD) of that being taken between September 2018 and January 2019. The money was remitted back to separate accounts, and the courts determined that further investigation was needed to see the nature of the embezzlement and where the funds were actually used.