Burning Sun Ceo Lee Moon-ho and Ceo Lee are being investigated for embezzlement.

 In the process of tracing the flow of money in Burning Sun, police found that tens of millions of won ( around USD 9k) were stolen and placed in offshore bank accounts.

A close aide of Madame Lin, Mr. Ahn was also involved in the crime.

Apart from searching for the embezzled money, police are also checking whether Seungri was involved.

Meanwhile, an investigation into suspected collusion between government officials at club Arena, another Gangnam club, is also picking up speed. An official at club Arena was found to have given tens of millions of won to a police officer.

Source: https://n.news.naver.com/article/052/0001275330

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Notes:

- You can tell the police have their priorities in order. Why focus on investigating sexual crimes when they can investigate a $9K embezzlement? well done.

- Madam Lin seems to be the new Seungri, media can't keep her name out their mouth. I'm really finding it hard to believe a Crazy Rich Asian lady needs to embezzle $9K....that's like pocket change to her. Even the two CEOs, I'd never defend them but they're also too rich to bother with that amount, also it's their club? Why would they steal from themselves? Make it make sense. The only one mentioned that matches the crime is Mr. Ahn.

- The two CEOs are also being investigated for hiring male minors at the club.