A Complete Summary of Chulgu's Self-Confession into Overseas Gambling! From Squandering 1 Billion Won a Week to 6 Billion Won in Taxes and the Controversy Over 10 Billion Won in Debt

First-generation BJ Chulgu has confessed to overseas gambling in the Philippines and using illegal loan sharks, and has announced his intention to turn himself in to the police. I’ve summarized the shocking facts, including squandering 1 billion won a week and paying 6 billion won in taxes 😱

 

First-generation internet broadcaster Cheolgu (real name Lee Ye-jun, 36) spoke of overseas gambling in the Philippines and illegal loan sharking with his own mouth. I pulled it out... and the scale was truly beyond my imagination. Today, I've neatly summarized just the facts!

 

 

1. A bombshell confession dropped during a dawn live broadcast

 

On the early morning of July 28, Cheolgu suddenly started a live stream on SOOP (formerly AfreecaTV) under the title 'Cheolgu Will Say Everything'.

Here "I have been gambling abroad in the Philippines since the year before last," "It is true that I also used illegal private loans" Acknowledging that, " "I will go to the police station in the morning and turn myself in." They reportedly stated that. However, it has not yet been officially confirmed whether they actually turned themselves in or what charges they are being investigated for.

 

 

2. Squandering 1 billion won per week → Rolling over debt → 6 billion won tax bomb

 

They say that back when he was addicted to gambling, he once spent over 1 billion won in just one week. 😭 As funds ran low, they borrowed money at a 10% weekly interest rate from a sponsor known as a "big spender," and repeatedly engaged in a debt rollover scheme, borrowing from other sources to repay the principal and interest. They say he did.

In this process In November 2025, approximately 6 billion won in value-added tax alone will be imposed, and there is a risk that even bank accounts will be seized. He stated that he was in a situation.

 

 

3. How much money did I borrow from fellow BJs?

 

It is said that he borrowed money from fellow BJs and acquaintances to prevent seizure, and here is a summary of what Chulgu revealed himself.

 

creditor	Borrowed amount	note
K	2.3 billion won	Repayment of 500-600 million won
Jjapgu	2 billion won	Partial repayment
Kim In-ho	Separate support intention	Specific amount undisclosed
KOSDAQ listed company	2 billion won (interest-free promise)	Deposit failed on July 24

 

especially Jjapgu made a different claim, stating, "It started at 500 million won, but kept increasing to 1 billion and 1.5 billion, so I lent a total of about 3 billion won, and I still haven't received about 1.5 billion won." They also released it.

 

 

4. Claims even that debt exceeds 10 billion won... Controversy over Excel Broadcast settlement

Here BJ Wook-ha-hyeong claims that if taxes, private loans, and money borrowed from colleagues are all added up, Chul-gu's total debt is "at the level of 10 billion won plus alpha." i did it.

 

Kay also said that the burden would be greater if the principal and private loan interest were considered.

 

However, the figure of 10 billion won was not revealed by Cheolgu himself but is a claim made by his fellow BJs, The exact scale has not been confirmed yet. .

 

All of this situation is actually run by Cheolgu The issue arose when it became known to the public that settlement payments to female BJs appearing on 'Excel Broadcasting' were not made on time. They say that because the listed company's funds weren't coming in, they spent three days trying to raise money but ultimately failed.

 

 

5. "You don't have to repay the debt"? The legal issues are still ongoing

 

Analysis has also suggested that some debts may not legally have to be repaid. One lawyer said If a creditor lent money knowing it was 'gambling funds,' Articles 103 and 746 of the Civil Act may become an issue. He explained it.

However, this is only true if the creditor clearly knows the purpose. If Cheol-gu deceived people by claiming it was for taxes or business funds, it will be recognized as a general loan, making it likely that he will have to repay it. This is significant. Please note that the debt has not been forgiven or a court ruling issued at all yet!

 

 

6. Cheolgu already had a history of gambling.

 

Actually, in a YouTube broadcast in 2017, Cheolgu Have you ever received counseling for gambling addiction? There is this. His wife at the time, Oejilhye, invited a therapist, and Chulgu confessed that he "lost 100 million won." It is even said that during sleep therapy, he said, "I feel at my peak when I gamble."

Controversy arose in 2019 when it was revealed that he had visited a casino in Manila, Philippines, while serving in the military. He became like this. He married Oejilhye in 2016 and had one daughter, but divorced in 2021.

 

 

💡 Frequently Asked Questions (Q&A)

 

Q. Did Cheolgu actually turn himself in to the police?
A. Although he announced on the morning of the 28th that he would turn himself in, whether he actually turned himself in and the progress of the situation have not yet been officially confirmed.

 

Q. What is the exact amount of Cheolgu's total debt?
A. Cheolgu himself mentioned taxes of 6 billion won and private loans of about 5 billion won, but fellow BJs claim it is 10 billion won plus alpha, so the exact scale is currently being verified.

 

Q. Do I not have to repay money borrowed from fellow BJs?
A. If the creditor lent the money knowing it was for gambling purposes, it could become a legal issue, but it is not a confirmed fact and the judgment may vary depending on the individual circumstances.

 

Q. What is Excel Broadcasting, which Cheolgu operates?
A. It is a broadcast format where multiple BJs appear and compete in real-time based on sponsorship (Star Balloon) performance, and controversy has arisen as the payment of settlements to the cast members has been delayed due to this incident.

 

 

Go to Real-time Best Popular Posts 👇

 

Honorary British citizen Baek Jin-kyung's past photos revealed! Remarks on traffic jams, Hot Girl days (+Chimchakman)

 

Devil's Plan 3 Cast Revealed: Why Is It Called an All-Time Best Lineup? - Basic Information, Release Date

 

Super Junior's Leeteuk's Girlfriend Is a Golfer? - A Comprehensive Summary of Dating Rumors