Jacky Cheung closes fraud case with press conference
3/25/2010 12:18:00 PM
kenmouse
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Hong Kong singer Jacky Cheung and his manager Florence Chan, founder and CEO of Cheung's management company, Fun Entertainment Ltd, have addressed the press about an alleged fraud involving the star's upcoming concert tour, reported Chinese media. At a press conference on Monday, Chan responded to recent reports that said a group of Chinese concert promoters paid a woman named Shen Shi Yi, who claimed to be the head of Fun Entertainment's Chinese branch, about 17 million yuan (S$3.4 million) in down payments to co-organise Cheung's concert tour.
In reality, Shen was not authorised to collect any money by Fun Entertainment, and her company was not related to the Hong Kong firm.
Chan explained the steps she had taken to protect the Chinese concert promoters.
"When I heard about this incident in early January, I immediately asked Shen about it and froze the accounts of all the people who had received money. I then informed all the concert promoters to get refunds to protect their money," said Chan.
On Monday, 50 Chinese concert promoters shared the stage with Cheung and Chan to show their support for the firm's efforts to resolve the matter.
"If not for this matter, I would not announce Cheung's upcoming concert tour this early as the preparations are not yet complete. We haven't even thought of a name for the concert tour," said Chan.
When pressed for details about the tour, Cheung, 48, was only willing to give out morsels of information.
"The concert tour will begin late this year at the earliest," he said.
The star also promised that the concerts will be very different from his previous ones.
"I hate repeating performances. I guarantee that this time it will be different from before. It will be very fresh. All I can say at this point is that I will be performing songs from my latest album."
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