Lee Seung Gi and Baekhyun Face $18 Million Crisis as Luxury Villa Seized

Imagine waking up to find your home has been seized by the government. That's the reality for superstars Lee Seung Gi and Baekhyun. Their ultra-luxury residences in Hannam-dong's Lanuvo are under threat of auction, putting nearly $18 million in deposits at risk.

The Lee Seung Gi Baekhyun Villa Seizure: Tax Delinquency Exposed

According to reports from The Fact, the National Tax Service recently seized multiple units of the Lanuvo villas. The move comes after Cha Ga Won, chairman of One Hundred, failed to pay a significant amount of taxes. A court also approved a provisional seizure filed by a domestic company over Cha's ownership, effectively freezing her property rights.

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Lee Seung Gi reportedly signed a ₩10.5 billion ($7.17 million) jeonse contract, while Baekhyun committed ₩16.0 billion ($10.9 million). Both stars took out massive loans to cover these deposits. If the properties are auctioned off and the sale price doesn't cover the full amounts, they could be left with staggering debt and no place to live.

Growing Legal Turmoil Surrounding Cha Ga Won

The situation is worsening as all units in Lanuvo Phase 1 are now frozen. Cha Ga Won is also facing separate lawsuits worth tens of billions of won. Critics point out that financial mismanagement at the executive level is now directly endangering the personal assets of the artists under her influence.