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...

ANAMBRA POLICE BUSTS ARMED ROBBERY GANG, RECOVERS LETHAL WEAPONS, STOLEN TRICYCLES. (PHOTOS).#PRESS RELEASE



Anambra Police Busts Armed Robbery Gang; Recovers Lethal Weapons; Stolen Tricycles


_Owners of Stolen but Recovered Tricycles Invited to Come Forward  for Collection_


The Police in Ogbaru Division of Anambra State Police Command have smashed a notorious armed robbery gang that has been tormenting members of the public in Okpoko, Obosi, Atani, Oba and environs for  several months now.


The feat was made possible by the collaboration between the Police and Community Vigilante in the area.


One Jekwu, a notorious gangster  and leader of the gang was arrested on 11th July, 2023. After interrogation, clues he provided were followed up and surveillance mounted on other members of the gang which culminated in the arrest  of another member as he attempted to evacuate the gang's  arms from Jekwu's hideout.


One Pump Action Semi-Automatic Gun and two locally made Pistols were recovered while the second gang member was also taken into custody. Further interrogation led to recovery of five Stolen Tricycles from the gang. Registration Numbers of the recovered Tricycles are as follows :


(1)NSH 156 VU

 (2) NNE 622 UW 

(3) NSH 203 VU

(4) UKP 349 UV and

(5) UML 359 WV


The Commissioner of Police, Anambra State Command, *CP Aderemi Adeoye* while commending various Vigilante Groups who partner with the Police to provide quality security for people of Anambra State, has called on  owners of the recovered Tricycles to come forward with proof of ownership and collect their property.


*DSP TOCHUKWU IKENGA*

POLICE PUBLIC RELATIONS OFFICER,

ANAMBRA STATE COMMAND

AWKA.


29TH JULY, 2023.

More photos below. 



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