Prosecutors Seek Arrest Warrant for Kakao Entertainment CEO Kim Sung-soo and Others   # Prosecutors Seek Arrest Warrant for Kakao Entertainment CEO Kim Sung-soo and Others There has been a recent development in the entertainment industry, as prosecutors have requested an arrest warrant for Kim Sung-soo, the CEO of Kakao Entertainment, and another executive in the investment strategy department. The two are facing charges of embezzlement and violating the law on the regulation of criminal proceeds, and their pretrial hearing is set for February 1st. The allegations against Kim and the other executive stem from their acquisition of a drama production company, which is suspected to have caused significant financial harm to Kakao Entertainment. It is believed that the executive conspired with Kim to purchase the company at a much higher price than its market value, potentially for the purpose of funneling profits to Kim's wife, actress Yoon Jung-hee, who had invested in the company. ...