Yoo Jae-fan apologizes for fraud accusations on Instagram, promising to repay victims of his irresponsible actions in music projects.

Singer and music producer Yoo Jae-fan, who was accused of fraud, officially apologized. Yoo Jae-fan, who had been silent until now, apologized on the 26th through his Instagram, saying, "I sincerely apologize to those who have been harmed by my irresponsible actions in music projects." Recently, a long post titled "Exposing the composition fraud of Mr. Yoo, a celebrity who appeared on 'Infinite Challenge,'" was posted on an online community. The author, Mr. A, claimed that Mr. Yoo had received 1.3 million won (about 15,000 yen) from victim Mr. B under the pretext of composition fees, but did not produce the music for 2 years, citing hospital visits, accidents, panic disorder, etc. Mr. A further exposed that Mr. B had borrowed money for food, totaling 1.53 million won (about 17,000 yen), and had not yet been repaid. There are additional victims mentioned in the post. At the time of the post, the perpetrator was anonymous, but later his real name was revealed and he faced continued criticism. Yoo Jae-fan stated, "It is true that personal circumstances overlapped and there were health issues. I did not intend to cause financial harm intentionally." He expressed deep regret for his actions that hurt and harmed others, saying, "I deeply regret my actions that should never be done as a public figure." He also expressed his intention to repay those who suffered financial losses if they contact him directly. [Full comment from Yoo Jae-fan] Hello. This is Yoo Jae-fan. First of all, I sincerely apologize to those who have been harmed by my irresponsible actions in music projects. I believed it was a talent donation composition project for dreams, and I betrayed the trust of those who entrusted me, disappointed and hurt many people, and I sincerely apologize. It is true that personal circumstances overlapped and there were health issues. I did not intend to cause financial harm intentionally. I was working on the music production, but I could not complete it, so I ended up avoiding contact, which lasted a bit longer and caused inconvenience. During this time, I did my best to refund. However, I apologize again for the actions that led to criticism, no matter what the reason. I will do my best to complete a satisfactory song and keep my promise to everyone. I deeply regret my actions that hurt and harmed others, which should never be done as a public figure. From now on, I will be more careful with my words and actions, and if you have suffered financial losses, please contact me directly for confirmation and repayment. I sincerely apologize again.