Even the Apgujeong apartment his father bought 40 years ago... Kim Se-ui heads to auction due to unpaid lawyer fees
This is an apartment in Apgujeong that his father purchased in 1986. Upon his father's passing in 2024, he and his older sister inherited it in equal halves. However, just two years later, his share has entered court auction proceedings.
This is the story of Kim Se-ui, CEO of the YouTube channel Garo Sero Research Institute. The person who filed for the auction is Attorney Kim So-yeon, who previously served as his legal representative.
According to legal sources on the 23rd, the Seoul Central District Court decided on the 17th to commence an auction for real estate registered under Kim Se-ui's name. The property, registered on the 14th, is the Hanyang Apartment in Apgujeong-dong, Gangnam-gu, Seoul.
This auction was initiated by an application from Attorney Kim So-yeon, who claims she has not received approximately 120 million won in legal fees and other charges from Kim Se-ui. The actual amount claimed in the auction is 47 million won.
Attorney Kim So-yeon asserted on a YouTube broadcast that there are corporate and personal debts resulting from Kim Se-ui's overdue legal fees.
He explained that outstanding receivables had accumulated due to a practice of receiving only half of the legal fees for various cases, and that he had not received the money even though the payment deadlines had passed. He applied for compulsory execution based on a payment order previously obtained from the Daejeon District Court.
What is noteworthy is the history of the apartment that has gone to auction. The apartment in question is real estate acquired in 1986 by the late Kim Young-soo, former president of MBC and father of Kim Se-ui.
Former President Kim passed away in August 2024. Subsequently, Kim Se-ui and his older sister each inherited a 50% stake in the apartment. This means that the Apgujeong apartment, which his father acquired about 40 years ago, has become subject to auction just two years after being inherited by his son.
The problem is that the debt secured against this property is not limited to this legal fee dispute. According to the land registry, Shinhan Bank holds mortgages of approximately 3.396 billion won established in 2020 and 360 million won established in 2024. In addition, there is a provisional attachment of 2 billion won placed on Kim Se-ui's shares by Gold Medalist, the agency of actor Kim Soo-hyun. There are two seizures by the Gangnam Tax Office due to unpaid national taxes, amounting to approximately 2.37 billion won.
The total amount of claims recorded in the registry reaches approximately 8.07 billion won. However, this figure represents the sum of the mortgage amount and the amounts of provisional and seizure orders, and does not correspond to Kim Se-ui's current confirmed debt or the actual outstanding amount.
Kim Se-ui is currently on trial after being indicted under detention on charges including defamation against actor Kim Soo-hyun. Kim Soo-hyun's side has filed criminal complaints against Kim Se-ui and the bereaved family of the late Kim Sae-ron, along with a lawsuit for damages totaling 12 billion won.
The prosecution is also proceeding with the recovery of criminal proceeds. On the 10th, the Seoul Central District Prosecutors' Office’s Criminal Proceeds Recovery Division determined that criminal proceeds amounted to at least 169.4 million won, based on tracking the sponsorship accounts of the company operated by Kim Se-ui and investigating relevant parties.
The amount calculated by the prosecution consists of at least 54.4 million won in sponsorships and at least 115 million won in advertising revenue. Based on this, the prosecution completed the registration of forfeiture preservation on land owned by Kim Se-ui. Forfeiture preservation is a measure to restrict the disposal of relevant assets in order to recover criminal proceeds in the future.
However, the auction of the Apgujeong apartment and the prosecution’s forfeiture preservation are separate procedures. Currently, a decision to commence the auction has been issued for the apartment, but no actual winning bid or transfer of ownership has taken place. Attention is focused on how the share of the Apgujeong apartment inherited by Kim Se-ui from his father will be handled during the upcoming auction process.
Meanwhile, various reactions followed online regarding the news of the auction of Kim Se-ui’s Apgujeong apartment.
One netizen wrote, “He probably didn’t realize it when tens of millions of won in sponsorships were pouring in every time he broadcasted slandering others. It is his own doing.” Another netizen reacted, “Considering what you did to others, I feel absolutely no sympathy.” These comments received widespread agreement.
Comments such as “If you made others cry” and “As expected, the world is karma. You receive back what you sow” were also posted. Following the news that the apartment share inherited from his father had entered auction proceedings in addition to his arrest, reactions regarding his past broadcasts also followed.