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Showing posts from December 3, 2018

SOUTH KOREAN POLICE SEEK ARREST WARRANT FOR HYBE CHAIRMAN BANG SI-HYUK OVER ALLEGED $100 MILLION INVESTOR FRAUD SCHEME. (PHOTO).

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 South Korean police seek arrest warrant for Hybe chairman Bang Si-Hyuk over alleged $100 million investor fraud scheme    South Korean police are seeking an arrest warrant for Bang Si-Hyuk, the billionaire music executive behind K-pop powerhouse Hybe and BTS, as part of an expanding investigation into allegations that he improperly benefited from an investor scheme involving more than $100 million. Authorities said they have asked prosecutors to pursue a court warrant for Bang’s arrest as they continue probing claims that he misled investors in 2019. Investigators allege he told investors that Hybe had no plans for an initial public offering, leading them to sell shares to a private equity fund. The company later went public, and police suspect a separate arrangement may have resulted in Bang receiving a substantial payout tied to post-IPO stock profits. Bang’s legal team has not directly addressed the specific allegations but said he has cooperated with investigators an...
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DSS PARADES AISHA BUHARI'S IMPERSONATOR YESTERDAY .{PHOTOS}.

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     According to sources '' There was drama on Monday when the Department of State Services (DSS) paraded a woman accused of using the name of the wife of the President, Mrs Aisha Buhari, to commit fraud. The drama played out as the suspect attempted to evade the cameras when she was paraded before reporters at the DSS office in Abuja, the nation’s capital. The woman who was dressed in an Ankara skirt and blouse covered her face with a purple veil when she was brought to the press briefing room. In further effort to prevent her face from been paraded, she hid under a table after which she eventually unveiled herself. After the drama, the DSS spokesperson, went ahead to address reporters present in the briefing room. He alleged that the suspect took advantage of the special treatment given to V.I.Ps. in the State House to gain access to the office of the wife of the President, which she used to defraud her victims. Afunanya also alleged ...
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