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...

HOUSE-HELP ARRESTED FOR STEALING EMPLOYER'S N1.6M SIX HOURS AFTER RESUMPTION.{PHOTO}.


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     26-year-old Franca Amaha, pictured below, has been arrested by men of the Lagos state police command, for stealing N1.6million cash in foreign currencies belonging to her boss just six hours after resuming as a househelp in her house situated in Surulere.
According to the police, Amaha who is from Cross Rivers State had approached an employment agent for a domestic job on July 24, 2019 using a fake name, address and guarantor. Shortly after, she was assigned to one Mrs Taiye at Masha area of Surulere, Lagos.
Few hours after her resumption, she accompanied her boss to the Murtala Mohammed International Airport, Ikeja, to pick her boss' sister who had returned to Nigeria from abroad. Amaha ransacked her boss' sister's luggage kept in the guest house and carted away with $2800, £1000 and 2000 Dutch Guilder.
When interrogated, she said she stole the money so she can use it to treat her sick mother. She said she went to make her hair and bought herself new slippers immediately she stole the money. She reportedly switched off her phone so that she could not be reached.
Her boss immediately lodged a report at the nearest police station in Surulere and she was traced to the residence of one of her friends at Ajah.
Amaha who came to Lagos in 2014, said she had first worked as a maid for another woman who paid her N20000 per month and enrolled her for a diploma programme at the Isolo campus of the Lagos State Polytechnic in Isolo.
Read her story here...
“After staying with her for two and half years, she started complaining that I was returning late from school and that I was no longer performing my home chores. I left when her complaints became unbearable for me.
“When I left her house, I went into the street and started doing prostitution. When my brothers heard that I was into prostitution, they asked me to come back home. I went back to our village. From there, I went to Onitsha, Anambra State, where I spent some time with my brothers. When I came back to Lagos I worked as a house help with a woman in Ikorodu for three months and went back to the village and started farming.
“I came back to Lagos again to look for job in order to raise money. I approached one Mr Frank who is a job agent and he led me to one Mr. Ade who linked me up with the woman in Surulere whom I started working for. However, before I started working for the woman she told me about herself and gave me advice on how to work for her and she said that my salary would be paid through my agent.
“But I gave her a fake name and address because I had the intention of stealing her money or anything of value which I could easily sell. So, when I got to the woman’s house around noon, we went to the airport around 3:30pm to pick her sister and we parked all the woman’s luggage into the house. I later opened the bag and took six pieces of $100, five pieces of £20 , five pieces of $20totalling $700 and £100 pounds. I changed $100 and made my hair with it and bought a new pair of slippers.‘’I changed the remaining money and deposited it into my account. I stole her money because I got a call from my village that my mother was sick. Please help me to beg her to forgive me. I will not do it again.”.
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