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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13 INJURED IN EXPLOSION AT A STORE IN ROMANIA. (PHOTO).

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 13 injured in explosion at home improvement store in Romania, authorities say


An explosion at a chain home improvement store in northeastern Romania on Friday injured at least 13 people, four seriously, authorities said.


A mobile intensive care unit was dispatched to the scene in the town of Botosani, in Suceava county, emergency authorities said. Four of the injured are in serious condition and two are intubated, while 10 were conscious but suffered "various traumas and burns" and are receiving medical attention.


Emergency helicopters were alerted, and two ambulances and two fire trucks were sent to the scene to extinguish a fire. A search and rescue mission was underway inside the store. It was not immediately clear what caused the blast, nor whether the injured were customers or staff members.


Two of the victims in serious condition will be transported to a hospital in the city of Iasi, about 68 miles to the south, while two will be airlifted to the capital, Bucharest, to receive faster medical care, according to the ministry of health. 


Some of the injured suffered burns of 10-15% to the upper parts of their bodies, it said.


Video footage shared by the emergency authorities showed part of the building’s facade had been blown out by the explosion, with air-conditioning units strewn across the area in front of the store amid a blanket of debris.

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