South Korean police want to arrest Bang Si-Hyuk, the K-pop music mogul behind the success of BTS |

South Korean police said Tuesday they want to arrest music mogul Bang Si-Hyuk, chairman of the agency behind K-pop supergroup BTS, as they widen an investigation into how he illegally made more than $100 million in an investor fraud scheme. The prosecutor requests an arrest warrant The Seoul National Police Agency confirmed that it has…

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HYBE chairman Bang Si-hyuk faces arrest warrant over $136 million IPO allegations of misleading investors – Reports | English Film News

South Korean police have arrested Hybe chairman Bang Si-hyuk as they widen their investigation into alleged investor fraud linked to the company behind BTS. The case alleges that before Hybe’s stock market debut, Bang defrauded investors and then profited from a private deal worth more than 200 billion won, or about US$136 million. The development…

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