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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"CARBON MONOXIDE RESPONSIBLE FOR THE DEATH OF FAMILY OF FIVE"- POLICE. (PHOTO).#PRESS RELEASE

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"𝐂𝐚𝐫𝐛𝐨𝐧 𝐌𝐨𝐧𝐨𝐱𝐢𝐝𝐞 𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐢𝐛𝐥𝐞 𝐅𝐨𝐫 𝐓𝐡𝐞 𝐃𝐞𝐚𝐭𝐡 𝐎𝐟 𝐅𝐚𝐦𝐢𝐥𝐲 𝐎𝐟 𝐅𝐢𝐯𝐞" ~ 𝐏𝐨𝐥𝐢𝐜𝐞


On 17th July, 2023 at about 0400hours the lifeless bodies of a family of five were discovered in a bungalow at Oze Village, Nkwelle Ezunaka, Oyi LGA of Anambra State.


Information in the public domain had it that they died the first night they moved into the new building.


A visit to the scene of the crime revealed a generator connected to the house electricity grid and kept in a confined space without proper ventilation. 


An autopsy conducted on the corpses revealed the cause of death to be carbon monoxide poisoning. They were killed by fumes from the generator.


The Commissioner of Police, CP Aderemi Adeoye while commiserating with the bereaved families wishes to advise the public on the terrible dangers of operating generators indoors as carbon monoxide which is emitted in the fume is a deadly gas that has wiped out several families due to ignorance. Generators are to be kept in well-ventilated spaces while in use.


DSP Tochukwu Ikenga

Police Public Relations Officer,

Anambra State Police Command,

Awka.


28th July 2023.

More photos below. 



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