New report claims MC Mong received over ₩10 billion in gifts from Cha Ga-won

New report claims MC Mong received over ₩10 billion in gifts from Cha Ga-won

On June 15, former entertainment journalist and YouTuber Lee Jin Ho uploaded a video detailing what he claimed was a list of gifts provided by Cha Ga-won to MC Mong.

According to the report, the gifts ranged from luxury vehicles and designer watches to electronics, furniture, jewelry and housing-related expenses. The alleged list includes:

  • Rolls-Royce Cullinan – ₩700 million
  • Ferrari Roma – ₩300 million
  • Rolls-Royce Specter – ₩500 million
  • Mercedes-Benz G-Class Classic – ₩500 million
  • Richard Mille Watch – ₩5 billion
  • Patek Philippe Tiffany Edition Watch – ₩300 million
  • Audemars Piguet gold watch – ₩300 million
  • Luxury bed – ₩100 million
  • Bang & Olufsen Television – ₩50 million
  • LG Rollable TV – ₩100 million
  • Furniture – ₩500 million
  • Jewelry: ₩1 billion
  • Security deposit support: ₩1 billion

The total estimated value of the gifts reportedly exceeds ₩10.3 billion.

According to MC Mong’s side, Cha Ga-won would sell or reclaim some of the gifts over time. However, reports state that several high-value items, including luxury watches, jewelry worth around ₩1 billion and a luxury bed, remain in MC Mong’s possession. The exact ownership status of the items has not been independently verified.

The latest charges come months after a financial dispute between the two sides became public. In December 2025, Cha Ga-won reportedly filed a refund request seeking ₩12.064 billion from MC Mong. A court-issued payment order was finalized after MC Mong failed to file an objection within the legal deadline. At the time, Cha Ga-won stated that additional funds had also been loaned beyond the amount stated in the request and could be pursued separately in the future. It is unclear whether any of the alleged gifts were included in the refund request.

Earlier this month, investigative program PD Notebook reported that ₩12 billion allegedly provided by Cha Ga-won was used to repay MC Mong’s gambling debts. The report stated that the funds were separate from donations and were provided as loans. Cha Ga-won denied knowingly funding the gambling-related expenses, saying MC Mong told her the money would be used for production costs associated with entertainment projects. MC Mong also denied the allegations, saying: “I have never used company funds for gambling.”

people-man with glasses and burgundy jacket-woman with long black hair and light montage of portraits from above

The controversy comes as ONE HUNDRED and its subsidiary Big Planet Made Entertainment face mounting financial difficulties. Reports indicate that employee salaries and mandatory insurance contributions have not been paid for more than three months. Several contractors, including security firms, music video production companies and cleaning service providers, are also reportedly owed significant amounts. Critics inside and outside the company have argued that both Cha Ga-won and MC Mong should take responsibility for the ongoing salary payment issues.

Separately, police recently requested an arrest warrant for Cha Ga-won on fraud charges under South Korea’s Law on Aggravated Punishment of Specific Economic Crimes. Investigators allege that he obtained an upfront payment of ₩24.2 billion from technology company Nomus after proposing a business venture involving intellectual property rights belonging to artists under his agency, but failed to deliver the project as promised. He also faces separate charges regarding a security deposit scheme in which he allegedly received ₩5.4 billion from an acquaintance after proposing mutual rental deals but failed to fulfill his contractual obligations. Prosecutors are currently considering whether to formally request the warrant.

As legal investigations continue, both MC Mong and Cha Ga-won remain at the center of one of the most closely watched controversies in South Korea’s entertainment industry.

Sources: Nate News

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