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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US MARKS 22 YEARS SINCE 9/11, OBSERVES MOMENTS OF SILENCE. (PHOTO).

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US marks 22 years since 9/11, observes moments of silence

An annual ceremony to remember those who died on September 11, 2001, is being held across the United States on Monday(today), 22 years after the World Trade Center’s Twin Towers collapsed in the deadliest terror attack on US soil.

Local media reports that the 9/11 memorial, which is held across the country, started with the reading of the names of those who were killed.

On September 11, 2001, al-Qaeda extremists seized US passenger jets and crashed them into the World Trade Center.

Nearly 3,000 people from over 90 nations were killed after four planes were hijacked by attackers from the Al Qaeda terrorist group.

US president, Joe Biden is expected at Anchorage, Alaska, to take part in a memorial for the 22nd anniversary while Vice President Kamala Harris is currently at the procession at Ground Zero in lower Manhattan.

In total, six moments of silence will be observed – commemorating when each of the towers was struck and collapsed, as well as the times corresponding to the attack on the Pentagon and the crash of United Flight 93.

 

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