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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MAN ARRESTED ON VALENTINE'S DAY FOR ARMED ROBBERY, INTENT TO DELIVER 15-100G OF METHAMPHETAMINE ETC. (PHOTO).

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 On February 14th, 2024, Ashton Harper, 29 years old from Mt. Vernon, IL, was arrested on Armed Robbery and Possession with intent to deliver 15-100g of methamphetamine. 


In the early morning hours on February 7th, 2024, there was a report of an armed robbery in the area of Rose Lane. The victim was known to Harper and was targeted in the robbery. The Mt. Vernon Police Department general criminal detectives began investigating the robbery and obtained an arrest warrant for Harper. After the warrant was issued, the Mt. Vernon Police Department began searching for him.


On February 14th, 2024, the Mt. Vernon Police Department general criminal detectives, narcotics detectives, and patrol located Harper and took him into custody without incident. Harper was detained at the Jefferson County Jail for the above charges. Harper was on Mandatory Supervised Release (parole) with the Illinois Department of Corrections during this time.


Harper is innocent until proven guilty in a court of law.


Mayor John Lewis

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