year to 462 participants in 2019 Korean Red Cross, disaster relief, 2014 Personal donation for the victims of the Sewol Ferry incident, one of the gravest tragedies in South Korean history Controversy Embezzlement case and conviction In 2002, the Supreme Prosecutors' Office of the Republic of Korea found evidence of Lee earning 10 billions worth of illegal market profits in August 1999 by acquiring 1.1 billion worth of stocks when listing stocks of SM Entertainment at KOSDAQ by a paid-in capital increase. The Supreme Prosecutors' Office of the Republic of Korea also investigated Lee regarding circumstantial evidence of lobbying to producers in broadcasting stations and keeping a tremendous amount of cash in his personal office and vaults. Lee tried to escape prosecution by staying overseas from June 2002, and was found in a golf course in Los Angeles on 2 August in the same year. While on the run, Lee's passport was nullified and Lee was chased by Interpol. Lee eventually came back to Korea to be investigated on 22 May 2003. A pre-arrest warrant was issued on 7 October, and Lee was arrested on 8 October. On 14 October, Lee was approved of bail after paying 30 million won. On 19 October, Lee was prosecuted without detention. In September 2004, the Supreme Court of Korea sentenced Lee to two years of imprisonment along with three years of probation. Lee was released in a special exemption in 2007 commemorating the fourth year of Roh Moo-hyun's presidency. Slave contract In 2009, three members of the boy band TVXQ took their management agency SM Entertainment owned by Lee to court, claiming that the agency's 13-year-contract (often nicknamed a slave contract) was too long, too restrictive, and gave them almost none of the profits from their success. The following year, in 2010, South Korea's Fair Trade Commission (KFTC) created a rule that limited entertainment contracts to seven years. Pandora Papers Lee Soo-man was included in the names of figures in the Pandora Papers. Discography Albums Lee Soo-man (Jigu Records, 1977) Lee Soo-man (Shinsegae, 1978) 애창곡집 (Jigu Records, 1978) Greatest (Universal Record Co., 1980) Lee Soo-man (Shinsegae, 1983) Lee Soo-man (Han Kook Record, 1985) 끝이 없는 순간 (Asia Record Co., 1986) NEW AGE 2 (Han Kook Record, January 1989) NEW AGE (Asia Record Co., November 1989) Awards State and cultural honors Listicles Notes References External links SM Entertainment – Official website 1952 births Living