One MCN is a media company that is known for its ability to broadcast from professional stations. These broadcasts are as varied as entertainment, food (mukbang), advertisements, etc., but One MCN focuses their activities on advertising, which is their main business. Mr. Hong as CEO of One MCN has a way to enrich himself by building illegal cooperation with professional YouTubers to join and work under the name One MCN, only 80% of the profits will be taken by Mr. Hong and the rest will be given to illegal broadcasters. To hide his fraud scheme, Mr. Hong also works closely with Mr. David as head of the accounting department to recognize revenue as corporate income and divide 30% of the total obtained by Mr. Hong to Mr David. At the end of 2017, One MCN is in danger of bankruptcy due to its bankruptcy ability to get debt. In addition, Hong prepared a new plan to build a small business from the results of the debt obtained to avoid audit evidence of transactions that occurred when One MCN was operating in 2017. What type of bankruptcy experienced by One MCN is included in 2017? Please explain it with your own words. What kinds of frauds do Mr. Hong and Mr. David do? Please explain it with your own words. As a professional forensic accountant, what can you do to solve the case?