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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WHY I STOPPED DOING INTERNET FRAUD- SKIT MAKER, SHANK.(PHOTO).

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Why I stopped doing Internet fraud – Skit maker, Shank

Popular skit maker, Adesokan Emmanuel aka Shank Comics has said he quit Internet fraud after failing to make proceeds from an online scam despite learning it for six months.
He said because he was not successful at fraud, his trainer advised him to quit.
Emmanuel said his trainer gave him an iPhone 6 and urged him to return home.
The comic star disclosed this in the recent episode of the 9jafathemousfaces podcast.
Shank said, “When I graduated in 2019, I went to Oshogbo to learn Yahoo [internet fraud]. For like six months, I didn’t cash out $100, not even N5.
“It was even the person who was teaching me who asked me to quit and go back home. He gave me an iPhone 6 and I went home.
“My daddy that time dey shout say, you graduated with 2.2 from engineering department blablabla. That time my life don spoil. I just start to dey drink, dey do things.”

 

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