JYP Stocks Plummet After Rumors Of His Involvement With Religious Cult

JYP Entertainment’s stocks have plunged as reports of Park Jin Young’s alleged involvement with a religious cult were released.

A Korean media outlet released reports claiming that Park Jin Young was involved in a religious sect called the Evangelical Baptist Church of Korea, more commonly known as the Salvation Sect.

The Salvation Sect was led by the owner of the Sewol Ferry which killed over 300 people in the tragic sinking of the Sewol Ferry in 2014.