On October 14, a significant video titled “Shocking Exclusive! Lee Soo-geun’s Reaction to Lending Money… Hearing Lee Jin-ho’s Thoughts” was shared on Lee Jin-ho’s YouTube channel, highlighting the comedian’s ongoing battle with gambling addiction.
This video outlines the circumstances surrounding Lee Jin-ho’s descent into gambling, which began with a failed investment scheme. From 2018 to 2019, a businessman encouraged Lee Jin-ho to invest, which he then promoted to his own network. Initially, these investments seemed promising but ultimately collapsed, resulting in heavy financial losses for Lee Jin-ho and those he had motivated to invest. In a poignant effort to rectify the situation, he attempted to reimburse his associates, plunging himself deeper into financial troubles.
As the COVID-19 pandemic confined many to their homes, Lee Jin-ho unfortunately found himself with an excess of free time, leading him to partake in illegal online gambling. Reports suggest that his addiction worsened, with him frequently gambling at home after his broadcast commitments. Things escalated to the point of borrowing money from loan sharks, and despite receiving help from friends, his debts escalated further.
According to reports from Entertainment President, Lee Jin-ho has since sold all his assets and is residing in a small single-room apartment in Gyeonggi Province. He seldom goes out except for necessary broadcast recordings.
In light of these challenges, fellow comedian Lee Soo-geun has provided advice to Lee Jin-ho, suggesting, “You might lose money, but don’t lose the people around you.”
On the same day the video was released, Lee Jin-ho acknowledged his illegal gambling activities on social media. He admitted, “In 2020, I stumbled into illegal online gambling and accumulated a debt I can’t manage,” and mentioned that he is currently working hard to settle his dues. He asserted, “I will repay this debt entirely by my own efforts until my last breath.”
The report further reveals that Lee Jin-ho reportedly borrowed substantial amounts from several celebrities, including BTS member Jimin, Lee Soo-geun, and Ha Sung-woon, with private loans reportedly totaling around 1.3 billion won (about 975,000 USD).
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