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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EFCC SEEKS EXTRADITION OF BROTHERS, ONE OTHER TO U.S. OVER CHILD EXPLOITATION, PORNOGRAPHY. (PHOTOS).#PRESS RELEASE.

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EFCC Seeks Extradition of Brothers, One Other To U.S. Over Child Exploitation, Pornography


 


The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, has initiated an extradition proceedings at the Federal High Court, Abuja Judicial Division, against three suspects, Samson Ogoshi, his brother, Samuel, and Ezekiel Ejemeh Robert, over exploitation of minor and production of child pornography.


The Ogoshis and Ezekiel were indicted in a United States Federal Court on December 1, 2022 on charges of exploitation of minors and production of child pornography resulting in death, conspiracy to distribute child pornography and conspiracy to commit stalking through the internet.


According to investigations, the suspects conspired to conduct a sex-based extortion of minors and adults in the United States of America.


The trio, investigations also revealed, hacked some social media accounts, posing to be young attractive women to entice unsuspecting victims to send their sexually explicit photographs.


These pictures were then used in blackmailing the victims, thereby forcing them into making huge financial payments.


Consequently, Samuel Ogoshi is charged with sexual exploitation and attempted sexual exploitation of minors that resulted in the death of one Jordan DeMay, an offence that carries a maximum penalty of life in prison and a statutory mandatory minimum of 30 years in prison.


The trio are charged with conspiracy to sexually exploit minors by causing them to produce child pornographic images that they used to blackmail them.


They are further charged with conspiracy to distribute child pornography, which borders on sending images to minors, their families and friends, as well as conspiracy to commit stalking through the Internet. Both offences carry a minimum of five years and maximum 20 years imprisonment.


While the Ogoshis were arrested sometime in February, 2023 around the Ojo axis of Lagos, Ezekiel was picked up in Nasarawa by operatives of the EFCC.

More photos below. 



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