Lee Juno, a member of the defunct boy band Seo Taiji and Boys, is under investigation for fraud, local news outlets reported Monday.

Seo Taiji and Boys was one of the biggest acts of the 1990s, and Lee’s colleagues -- Seo Taiji and Yang Hyun-suk -- have since become major players in the local entertainment industry.

According to reports, Lee borrowed 100 million won ($85,000) from an acquaintance, but failed to repay the debt, leading the lender to file a criminal complaint against the singer-producer.

The police have since transferred the case to the prosecutors’ office requesting the 48-year-old former idol to be indicted.

Lee and the lender are said to have been business partners, but fell out after the complaint was filed in April.

Lee allegedly borrowed the money in late 2013, promising to repay the amount in full within a week. However, he failed to make the payment for more than 18 months.

“The two were questioned in May and June, and Lee was booked without detention. The case was recently transferred to the prosecution,” an unnamed police official was quoted as saying in local news reports.

(khnews@heraldcorp.com)