Kim Byung-man’s Ex-Wife Denies Insurance Fraud Allegations, Disputes Claims of Marital Discord
SEOUL, SOUTH KOREA – Kim Byung-man’s former wife, identified as A, has publicly addressed recent allegations surrounding financial dealings and the circumstances of their divorce, vehemently denying accusations of insurance fraud and offering a counter-narrative to claims of marital strife. The statements come amid heightened public interest following Kim Byung-man’s recent marriage and ongoing broadcast appearances.
A’s statements, reported by Yonhap News on September 8th, directly challenge narratives presented by Kim Byung-man regarding lost property, life insurance policies, and the reasons for the breakdown of their marriage. The dispute centers on approximately 670 million won in property and the nature of 24 insurance policies Kim Byung-man claimed existed. A asserts the lost funds were used for housing, and clarifies the insurance portfolio consisted of various policies-not solely life insurance-with only four actual life insurance contracts.
According to A, the decline in Kim Byung-man’s broadcast appearances, rather than any financial mismanagement, was the primary factor contributing to their difficulties. She stated, ”The number of broadcasts decreased due to the decline in the appearance of the broadcast, but the health insurance premium was the same as before.” She further explained that the 24 insurance policies included fire, auto, and property coverage for both his home and office, and that she secured the life insurance policies-totaling 100 million won-through financial consultants she met during a short-term business school course.
A also refuted Kim Byung-man’s public statements regarding a desire for children, stating she was “too disassembled by the remarks.” She maintains their marriage was stable until Kim Byung-man left in 2019. Regarding the beneficiary of the insurance policies, A confirmed she was the contractor, with Mr. B listed as the beneficiary.
Kim Byung-man and A married in 2011 and divorced in 2023.following the divorce, kim Byung-man married Hyun Eun-jae in Jeju Island and now has two children.The current dispute raises questions about financial clarity and the accuracy of public statements made by both parties. Further developments are anticipated as the situation unfolds.