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Sonic sued for fraud (Update Jan 11) - Page 9

Forum Index > SC2 General
408 CommentsPost a Reply
Prev 1 7 8 9 10 11 21 Next All
Cascade
Profile Blog Joined March 2006
Australia5405 Posts
January 11 2016 04:40 GMT
#161
On January 11 2016 13:34 Wala.Revolution wrote:
On the lam? On the run?

At least his run will START in STYLE.

too soon?
BLinD-RawR
Profile Blog Joined April 2010
ALLEYCAT BLUES50123 Posts
January 11 2016 04:46 GMT
#162
On January 11 2016 13:40 Cascade wrote:
Show nested quote +
On January 11 2016 13:34 Wala.Revolution wrote:
On the lam? On the run?

At least his run will START in STYLE.

too soon?


spin dash son.
Brood War EICWoo Jung Ho, never forget.| Twitter: @BLinDRawR
TL+ Member
fronkschnonk
Profile Joined November 2011
Germany622 Posts
January 11 2016 04:48 GMT
#163
Next question for SC2 will be - did Sbenu pay all the sponsorship/prize-money they promised? Wouldn't be the first time, that the money comes with delay or not at all.
Furthermore, I consider that some kind of Code A must be reestablished.
Thouhastmail
Profile Joined March 2015
Korea (North)876 Posts
Last Edited: 2016-01-11 05:48:22
January 11 2016 04:55 GMT
#164
SBENU incident was aired on national telly.
"Morality is simply the attitude we adopt towards people we personally dislike"
SetGuitarsToKill
Profile Blog Joined December 2013
Canada28396 Posts
January 11 2016 04:57 GMT
#165
They say all publicity is good publicity, but I feel like this may be the exception.
Community News"As long as you have a warp prism you can't be bad at harassment" - Maru | @SetGuitars2Kill
jinyung2
Profile Joined November 2014
Luxembourg1455 Posts
Last Edited: 2016-01-11 06:56:49
January 11 2016 04:58 GMT
#166
On January 11 2016 12:44 Cascade wrote:
Thanks both translators!

So the main thing he did wrong was to sell overprices shoes? And collecting debts that he couldn't pay off... So the fraud was against the store owners that had to pay sbenu to sell the shoes at unreasonable high price?

from my understanding its like this

1. sonic spends a fortune on advertisement and marketing, ppl see IU AOA and ppl in drama wearing sbenu shoes and they start to sponsor many different esports stuff (sc2 lol bw etc) it seems really successful and gains rep

2. sbenu goes to factory and uses their rep as some kind of giant super growing company and asks to began shoe production and signs contracts saying funds will be delivered in due time. the highkey ceo's son made public online a bunch of different written contracts sonic stamped saying this will be promised that will be promised etc. but sbenu continues to lag it and blames highkey the management agency saying they have the money. factory has no choice but to sell shoes they have stocked up for cheap. sbenu comes in and buys this posing as a third party for very cheap.

3. investors are like "wow we totally want a piece of this action" so they invest heavily, 100+ stores nation wide, minimum ~30k$ investment up to like ~200k$

4. sbenu supplies (probably also runs) clearance overstock store with shoes they scammed from factory as third party and sells the same shoes they sell at branch stores for 40~60% discounted prices. sbenu for a while stated they did not give these stores they shoes but this was found out to be a lie in the phone recordings 부산공장 posted online. of course what happens is branch stores get fuckedddd people like intotherainbow was extremely mad at sonic cus he was one of the investors and he put in all of his own savings, borrowed money from his family and from his sister to invest in a sbenu branch store and it went out of business VERY fast. 부산공장 mentioned there were some who even took their own lives and a ton of other victims who's lives are being destroyed by this scam

5. now according to very recent stuff that 부산공장 posted on dc, apparently the money sbenu makes from these they launder through some kind of unnamed entertainment agency.


also I read that everything sbenu hasnt been able to get trademark rights since june 2015, because

A)
[image loading]

their logo is like 90% copied from something else

B) theres a shoe brand called SOBENU
[image loading]
and they were basically like "yo your brand name is too similar to ours" and did some legal stuff to which sbenu gave no response

edit: i put 2014 instead of 2015
Argentina
c0ldfusion
Profile Joined October 2010
United States8293 Posts
January 11 2016 05:11 GMT
#167
Damn that's pretty shady.
Ciryandor
Profile Blog Joined May 2010
United States3735 Posts
January 11 2016 05:16 GMT
#168
On January 11 2016 13:58 jinyung2 wrote:
of course what happens is branch stores get fuckedddd people like intotherainbow was extremely mad at sonic cus he was one of the investors and he put in all of his own savings, borrowed money from his family and from his sister to invest in a sbenu branch store and it went out of business VERY fast. 부산공장 mentioned there were some who even took their own lives and a ton of other victims who's lives are being destroyed by this scam

What, so IntoTheRainbow the Starcraft player got played? Damn. I'm thinking Sonic got squeezed by his loan sharks and caused the whole house of cards crumbling or he was really salting away the cash.
에일리 and 아이유 <3 - O Captain 박재혁 ・゚✧*:・*゚+..。✧・゚:*・..。 ✧・゚ :・゚* ゜・*:・ ✧・゚:・゚:.。 ✧・゚ SPARKULING ・゜・:・゚✧*:・゚✧。*゚+..。 ✧・゚: ✧・゚:*・゜・:・゚✧*::
Brutaxilos
Profile Blog Joined July 2010
United States2629 Posts
January 11 2016 05:19 GMT
#169
On January 11 2016 13:58 jinyung2 wrote:
Show nested quote +
On January 11 2016 12:44 Cascade wrote:
Thanks both translators!

So the main thing he did wrong was to sell overprices shoes? And collecting debts that he couldn't pay off... So the fraud was against the store owners that had to pay sbenu to sell the shoes at unreasonable high price?

from my understanding its like this

1. sonic spends a fortune on advertisement and marketing, ppl see IU AOA and ppl in drama wearing sbenu shoes and they start to sponsor many different esports stuff (sc2 lol bw etc) it seems really successful and gains rep

2. sbenu goes to factory and uses their rep as some kind of giant super growing company and asks to began shoe production and signs contracts saying funds will be delivered in due time. the highkey ceo's son made public online a bunch of different written contracts sonic stamped saying this will be promised that will be promised etc. but sbenu continues to lag it and blames highkey the management agency saying they have the money. factory has no choice but to sell shoes they have stocked up for cheap. sbenu comes in and buys this posing as a third party for very cheap.

3. investors are like "wow we totally want a piece of this action" so they invest heavily, 100+ stores nation wide, minimum ~30k$ investment up to like ~200k$

4. sbenu supplies (probably also runs) clearance overstock store with shoes they scammed from factory as third party and sells the same shoes they sell at branch stores for 40~60% discounted prices. sbenu for a while stated they did not give these stores they shoes but this was found out to be a lie in the phone recordings 부산공장 posted online. of course what happens is branch stores get fuckedddd people like intotherainbow was extremely mad at sonic cus he was one of the investors and he put in all of his own savings, borrowed money from his family and from his sister to invest in a sbenu branch store and it went out of business VERY fast. 부산공장 mentioned there were some who even took their own lives and a ton of other victims who's lives are being destroyed by this scam

5. now according to very recent stuff that 부산공장 posted on dc, apparently the money sbenu makes from these they launder through some kind of unnamed entertainment agency.


also I read that everything sbenu hasnt been able to get trademark rights since june 2014, because

A)
[image loading]

their logo is like 90% copied from something else

B) theres a shoe brand called SOBENU
[image loading]
and they were basically like "yo your brand name is too similar to ours" and did some legal stuff to which sbenu gave no response


How the fuck did anyone think they could get away with copying that logo?? Is this for real?
Jangbi favorite player. Forever~ CJ herO the King of IEM. BOMBERRRRRRRR. Sexy Boy Rogue. soO #1! Oliveira China Represent!
stuchiu
Profile Blog Joined June 2010
Fiddler's Green42661 Posts
January 11 2016 05:20 GMT
#170
On January 11 2016 14:19 Brutaxilos wrote:
Show nested quote +
On January 11 2016 13:58 jinyung2 wrote:
On January 11 2016 12:44 Cascade wrote:
Thanks both translators!

So the main thing he did wrong was to sell overprices shoes? And collecting debts that he couldn't pay off... So the fraud was against the store owners that had to pay sbenu to sell the shoes at unreasonable high price?

from my understanding its like this

1. sonic spends a fortune on advertisement and marketing, ppl see IU AOA and ppl in drama wearing sbenu shoes and they start to sponsor many different esports stuff (sc2 lol bw etc) it seems really successful and gains rep

2. sbenu goes to factory and uses their rep as some kind of giant super growing company and asks to began shoe production and signs contracts saying funds will be delivered in due time. the highkey ceo's son made public online a bunch of different written contracts sonic stamped saying this will be promised that will be promised etc. but sbenu continues to lag it and blames highkey the management agency saying they have the money. factory has no choice but to sell shoes they have stocked up for cheap. sbenu comes in and buys this posing as a third party for very cheap.

3. investors are like "wow we totally want a piece of this action" so they invest heavily, 100+ stores nation wide, minimum ~30k$ investment up to like ~200k$

4. sbenu supplies (probably also runs) clearance overstock store with shoes they scammed from factory as third party and sells the same shoes they sell at branch stores for 40~60% discounted prices. sbenu for a while stated they did not give these stores they shoes but this was found out to be a lie in the phone recordings 부산공장 posted online. of course what happens is branch stores get fuckedddd people like intotherainbow was extremely mad at sonic cus he was one of the investors and he put in all of his own savings, borrowed money from his family and from his sister to invest in a sbenu branch store and it went out of business VERY fast. 부산공장 mentioned there were some who even took their own lives and a ton of other victims who's lives are being destroyed by this scam

5. now according to very recent stuff that 부산공장 posted on dc, apparently the money sbenu makes from these they launder through some kind of unnamed entertainment agency.


also I read that everything sbenu hasnt been able to get trademark rights since june 2014, because

A)
[image loading]

their logo is like 90% copied from something else

B) theres a shoe brand called SOBENU
[image loading]
and they were basically like "yo your brand name is too similar to ours" and did some legal stuff to which sbenu gave no response


How the fuck did anyone think they could get away with copying that logo?? Is this for real?


well when you consider how much fraud he thought he could get away with, the logo is really small fries
Moderator
castleeMg
Profile Blog Joined January 2013
Canada761 Posts
January 11 2016 05:22 GMT
#171
sounds like there's a series of problems with no good end in sight
AKA: castle[eMg]@USEast/ iCCup
iMrising
Profile Blog Joined March 2012
United States1099 Posts
January 11 2016 05:28 GMT
#172
well...He's screwed, and sbenu's team is probably screwed :\ too bad
$O$ | soO
evilfatsh1t
Profile Joined October 2010
Australia8658 Posts
January 11 2016 05:31 GMT
#173
lol when sbenu first started making a big name for itself and sonic was busting his ass 24/7 running his company + being involved in starcraft, i had doubts about the survival of his company. how can a startup cope with such growth, massive marketing schemes and a volatile market? turns out it cant
really sucks for sonic as he seems like a passionate guy, but tbh cant say im surprised at the outcome.
N.geNuity
Profile Blog Joined July 2009
United States5112 Posts
January 11 2016 05:32 GMT
#174
thanks for updates
iu, seungah, yura, taeyeon, hyosung, lizzy, suji, sojin, jia, ji eun, eunji, soya, younha, jiyeon, fiestar, sinb, jung myung hoon godtier. BW FOREVERR
Phredxor
Profile Joined May 2013
New Zealand15076 Posts
January 11 2016 05:34 GMT
#175
That's hilarious that he pretty much stole the name and logo off of another shoe company.. Jeeezus.
Circumstance
Profile Blog Joined March 2014
United States11403 Posts
January 11 2016 05:37 GMT
#176
On January 11 2016 14:19 Brutaxilos wrote:
Show nested quote +
On January 11 2016 13:58 jinyung2 wrote:
On January 11 2016 12:44 Cascade wrote:
Thanks both translators!

So the main thing he did wrong was to sell overprices shoes? And collecting debts that he couldn't pay off... So the fraud was against the store owners that had to pay sbenu to sell the shoes at unreasonable high price?

from my understanding its like this

1. sonic spends a fortune on advertisement and marketing, ppl see IU AOA and ppl in drama wearing sbenu shoes and they start to sponsor many different esports stuff (sc2 lol bw etc) it seems really successful and gains rep

2. sbenu goes to factory and uses their rep as some kind of giant super growing company and asks to began shoe production and signs contracts saying funds will be delivered in due time. the highkey ceo's son made public online a bunch of different written contracts sonic stamped saying this will be promised that will be promised etc. but sbenu continues to lag it and blames highkey the management agency saying they have the money. factory has no choice but to sell shoes they have stocked up for cheap. sbenu comes in and buys this posing as a third party for very cheap.

3. investors are like "wow we totally want a piece of this action" so they invest heavily, 100+ stores nation wide, minimum ~30k$ investment up to like ~200k$

4. sbenu supplies (probably also runs) clearance overstock store with shoes they scammed from factory as third party and sells the same shoes they sell at branch stores for 40~60% discounted prices. sbenu for a while stated they did not give these stores they shoes but this was found out to be a lie in the phone recordings 부산공장 posted online. of course what happens is branch stores get fuckedddd people like intotherainbow was extremely mad at sonic cus he was one of the investors and he put in all of his own savings, borrowed money from his family and from his sister to invest in a sbenu branch store and it went out of business VERY fast. 부산공장 mentioned there were some who even took their own lives and a ton of other victims who's lives are being destroyed by this scam

5. now according to very recent stuff that 부산공장 posted on dc, apparently the money sbenu makes from these they launder through some kind of unnamed entertainment agency.


also I read that everything sbenu hasnt been able to get trademark rights since june 2014, because

A)
[image loading]

their logo is like 90% copied from something else

B) theres a shoe brand called SOBENU
[image loading]
and they were basically like "yo your brand name is too similar to ours" and did some legal stuff to which sbenu gave no response


How the fuck did anyone think they could get away with copying that logo?? Is this for real?

Esports is pretty familiar with logo stealing. CSGO teams have used Twitch emotes as logos, Dota teams once used phone symbols as logos, and Prime's iconic logo got turned into the logo for a PS4 launch title and shown off by Sony at E3.
The world is better when every background has a chance.
[sc1f]eonzerg
Profile Blog Joined February 2010
Belgium6597 Posts
January 11 2016 05:48 GMT
#177
The dark side is strong in bw players :d.. Thinking about it savior was a puppet compared to emperor sonictine.
Thouhastmail
Profile Joined March 2015
Korea (North)876 Posts
Last Edited: 2016-01-11 06:30:34
January 11 2016 06:00 GMT
#178
http://sports.news.naver.com/esports/news/read.nhn?oid=109&aid=0003238310

he stated "first, Mr. Hwang didn`t run away; he reports for work now."

What a virtuous man, indeed. *sarcasm*
"Morality is simply the attitude we adopt towards people we personally dislike"
BLinD-RawR
Profile Blog Joined April 2010
ALLEYCAT BLUES50123 Posts
January 11 2016 06:02 GMT
#179
On January 11 2016 15:00 Thouhastmail wrote:
http://sports.news.naver.com/esports/news/read.nhn?oid=109&aid=0003238310

he stated "first, Mr. Hwang didn`t run away; he reports for work now."

What a virtuous man, indeed.


translation?
Brood War EICWoo Jung Ho, never forget.| Twitter: @BLinDRawR
TL+ Member
Thouhastmail
Profile Joined March 2015
Korea (North)876 Posts
Last Edited: 2016-01-11 06:15:13
January 11 2016 06:14 GMT
#180
After 'SBENU Incident' was aired by MBC[one of national channels in Korea] the whole country is clamorous for this issue. It became one of the most searched subjects on the Internet in Korea. It is HOT, indeed.

On 11, Jan. OSEN finally made contact with one of the closest advisers of Sonic. he stated, "As nothing is certain, we`re a bit noncommittal. First, Mr. Hwang didn`t run away; he reports for work now"

...things you already know...

About the lawsuit, he said "It is hard to tell you something. However, we`re victims, too. As we told you once, there`s a problem with agency. For instance, agency went ahead with the work without prior consultation, which caused serious problems to SBENU and manufactures. Everything will be revealed in the court."

With regard to esports, "No problem with LOL, SC2. We`re on the right track. There`s nothing to tell you, because there`s no problem."
"Morality is simply the attitude we adopt towards people we personally dislike"
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