Seoul Central District Court revealed on May 13 that they have sentenced Jeon, a former manager who was under B2M Entertainment's employ, to 8 months in prison.
Until his resignation in 2014, Jeon was in charge of securing TV appearances and managing events for B2M's artists such as Eric Nam, SPICA, Heo Young Saeng, and more.
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Jeon reportedly misappropriated the funds from B2M artists' profits a total of eight times, including the 4.5 million KRW (~$3,819 USD) from Heo Young Saeng's past photoshoot contract.
The courts stated, "Jeon inappropriately used the company funds for himself, the damage for which is very severe and currently not being restored," giving the reason for their ruling.
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