ADOR Pins Min Hee Jin Financially Responsible For Another Executive’s Mistake

It has been confirmed through reporting by Ilyo Shinmun that a ₩500 million KRW (about $341,000 USD) provisional seizure has been placed on an apartment in Yongsan-gu, Seoul, owned by former ADOR CEO Min Hee Jin. This property is different from the multi-family residence in Yeonnam-dong, Mapo-gu, Seoul, which was provisionally seized on November 11, 2024.

According to Ilyo Shinmun, the 21st Civil Division of the Seoul Western District Court approved ADOR’s request on December 23 of last year to provisionally seize real estate worth approximately ₩500 million KRW (about $341,000 USD) from former CEO Min. A provisional seizure is a preservative legal measure taken to secure a creditor’s claim for monetary compensation or recoverable assets. Property placed under provisional seizure cannot be disposed of or used until the main lawsuit is concluded.

This provisional seizure is related to an incident that occurred while Min Hee jin was serving as ADOR’s CEO, involving ADOR’s styling directing team leader, identified as A, who was in charge of NewJeans’ styling work. The team leader allegedly received styling service fees directly from an external advertiser for personal gain. The National Tax Service determined that approximately ₩700 million KRW (about $477,000 USD) in service fees should have been recorded as ADOR’s revenue and subsequently imposed additional taxes on the company. ADOR argued that Min bore liability for the damages incurred by the company, and the court accepted this claim.

This is not the first time Min Hee Jin has faced a provisional seizure of real estate. On November 11, 2024, a former ADOR employee, identified as B, filed for and obtained a provisional seizure of ₩100 million KRW (about $68,100 USD) on a property in Mapo-gu.