No Fun For Jacky Cheung

The so-called Beijing branch of artist management company Fun Entertainment has been accused of defrauding 16 concert promoters of more than 17 million yuan ($3.4 million) in down payments to co-organize Canto-pop supertstar Jacky Cheung’s latest China tour.

A woman named Shen Shi Yu, claiming to be the owner of the Beijing branch of Fun, approached the promoters and convinced them that she had the authority to find co-organizers for Cheung’s upcoming tour, according to Chinese media.

The money the promoters paid her eventually went into her personal account.

In the end, it was discovered that Shen had no connection to Fun Entertainment, which is based in Hong Kong. Fun released a statement saying it “had not authorized any individual or organization to collect down payments for Jacky Cheung’s upcoming concert tour.”

Nevertheless, the promoters felt it was Fun Entertainment’s responsibility to solve their problem and they have demanded that the company do so.

Some promoters want Shen to come forward and take full responsibility. She has since quit the Beijing branch of Fun Entertainment.

Fun has sent “specialists” from its headquarters in Hong Kong to investigate the situation in China.

The head of Fun, Florence Chan, promised to refund the money to the concert promoters once the investigation has uncovered the truth, even though she insists that Fun had nothing to do with Shen’s actions.

“The companies Beijing Tian Xing [Beijing branch of Fun Entertainment] and Hong Kong Tian Xing [Fun Entertainment] were registered separately and are completely unrelated. It is untrue that the former is a branch of the latter,” Chan said.

She also insisted that the incident will have no effect on the proposed concert tour.

Cheung himself plans to hold a press conference on the matter.