Lisa of girl group Black Pink was conned by a former manager for 1 billion won, YG said.
"The manager had quit now", it added. 
On the 2nd, agency YG Entertainment said to Star News, "The manager had worked with Blackpink since its debut, and Lisa had depended on them from early on in her career,"
"According to Lisa's wishes to be resolved as smoothly as she trusted former manager, and the manager has repaid some, and two now agreed on repay plan, and the manager is now retired."
YG Entertainment said, "We are preparing measures to prevent recurrence so that there is no such thing again." 
The manager is allegedly promised Lisa it would be invested in real estate. The report alleged the manager used money for gambling. 
Written by Gong MinaTranslated by Lee So Yun