Kim Seri admits to weak financial management amid travel agency controversy

24 Dec - Her own weak management, increasing costs and failure to manage business finances are some of the reasons how Kim Seri eventually found herself being accused of fraud by her travel agency customers.

The social media influencer, real name Seri Azlina, recently took to TikTok Live to address the allegations of fraud made by a number of her customers, saying that despite having managed the agency since 2016, she had been facing many unexpected problems this year that led to the issues concerning both her travel agency and her restaurant in South Korea.

"The first problem is the weakness of my own management. Second, the costs always increase from time to time and third, the problem of weakness in financial management," she said. "I admit that I failed to manage business finances well, the biggest cause being the restaurant. Starting in February this year we experienced various losses from the restaurant in question."

Kim Seri says she no longer owns the restaurant in Seoul
Kim Seri says she no longer owns the restaurant in Seoul

Seri said that the losses affected many things including the rent, her workers' salaries, as well as money needed to buy raw ingredients. And it had since trickled down to her travel agency.

"I am aware that this incident has made a very deep impression, especially on the victims. I know that those who found themselves stranded at the airport were certainly under pressure because of my thoughtless, irrelevant and unprofessional decision, so I would like to ask for their forgiveness," she said.

Seri said that she would pay all postponed and canceled packages to those affected as previously announced, with payments to be made before or on 1 February of next year.

At the same time, the social media influencer stated that she will focus on her TikTok career to earn more money in order to repay her customers for the bad experiences they had.

Kim Seri admits her fault in not managing her finances well
Kim Seri admits her fault in not managing her finances well

(Photo Source: KimSeriRestaurant IG, KimSeri IG)