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...

INTERNAL SECURITY: NPF SPEAKS TOUGH AGAINST FAKE NEWS, CYBER BULLYING. (PHOTO). #PRESS RELEASE

PRESS RELEASE


INTERNAL SECURITY: NPF SPEAKS TOUGH AGAINST FAKE NEWS, CYBER BULLYING



As Police Condemns Circulation of Old Content to Discredit System


The Nigeria Police Force condemns in the strongest terms the dissemination of fake news and the perpetuation of cyberbullying aimed at discrediting the diligent efforts of our officers in maintaining law and order. It has come to our attention that certain individuals and groups have been maliciously spreading old content and misinformation across various online platforms, seeking to undermine public trust in the policing system.


Fake news and cyberbullying which is criminalized by the combined effect of the Cybercrimes (Prohibition, Prevention, etc) Act, 2015 and other extant criminal laws, not only pose a threat to the reputation the Force but also have the potential to incite fear and discord within the country. The NPF views these actions as a direct assault on the stability and safety of our society and will not hesitate to take decisive action against those found responsible.


In response to this alarming trend, the NPF is intensifying its efforts to combat fake news and cyberbullying through increased vigilance and monitoring of online platforms as the IGP has ordered the NPF National Cybercrime Centre (NPF-NCCC) to clamp down on those individuals and groups of people who are bent on jeopardizing our national security and stability via the spread of fake news and misinformation. The IGP also ordered that all perpetrators found spreading false information or engaging in cyberbullying be prosecuted to the fullest extent of the law. The Police will work closely with relevant authorities to ensure swift and appropriate legal action against offenders.


The NPF, therefore, calls upon all citizens to exercise caution and discernment when consuming and sharing information online. Together, we must stand united against the spread of misinformation and cyberbullying, recognizing that the safety and well-being of our country depend on our collective efforts to uphold truth and integrity. Similarly, we urge members of the public to report any instances of fake news or cyberbullying to the Police for prompt investigation and action.


ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI,

FORCE PUBLIC RELATIONS OFFICER,

FORCE HEADQUARTERS,

ABUJA

 

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