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K-Pop star Seungri is retiring from the music industry after being charged with supplying prostitutes.

Seungri, whose real name is Lee Seung-hyun, is a 28-year-old mogul and singer in South Korea's popular K-pop scene. In a statement he apologised to his fans, and promised to "sincerely participate in investigations into all allegations", reported BBC.

For those who may not know, the star has been plagued with scandal after scandal, and is now currently under police investigation for allegedly offering prostitutes to investors at the night club Burning Sun.

The lobbying is alleged to have happened at nightclubs in Seoul, South Korea's capital.

If you don't know, he is one part of the boy band BIGBANG. If convicted, he could be imprisoned for three years.

Shares in YG Entertainment, the band's powerful talent agency, slid by as much as 14%, according to Bloomberg. "As for the ongoing probe, I will take the investigation seriously to clear all the allegations", he said.

'As I've been branded as a "national traitor", I can not stand the fact that I'm harming others for my own sake, ' he added.

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Big Bang's Seungri announces he's leaving the Kpop industry after 10 years.

He apologized to fans and said he could not "tolerate causing harm to everyone around me in order to save myself".

Another member, rapper T.O.P, was handed a 10-month suspended prison sentence for marijuana use in 2017.

Band leader G-Dragon was also investigated for smoking marijuana in 2011, although he was released without indictment.

An example of the band's fame in action: G-Dragon is now performing his two-year term of military service - which is mandatory for able-bodied men in South Korea.

After allegations surfaced, Seungri announced he wanted to enlist for his mandatory military service on March 25.