Business

Scam Allegations Surround Playboy Deal

Updated 2026-05-29 22:20 UTC 1 source Negative

Prosecutors alleged that Kevin Juin, a mystery man, used funds raised to buy the luxury lingerie business Honey Birdette for personal expenses rather than the intended purchase of Playboy’s high-end lingerie business.

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MarketWatch

A mystery man tried to buy Playboy’s high-end lingerie business. It turned out to all be a scam.

Prosecutors say Kevin Juin used money he raised to buy the company Honey Birdette to purchase luxury watches, jewelry, private-club memberships and OnlyFans subscriptions.

2026-05-29 22:09 UTC