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...

41 YEAR OLD NWALOBI FREDRICK ADMITS TO IMPREGNATING HIS 16 YEAR OLD IN-LAW IN ELWULOBIA.(PHOTOS).#PRESS RELEASE


 41 Year Old Nwalobi Fredrick Admits To Impregnating His 16 Year Old In-law In Ekwulobia. 


By Chidinma Ikeanyionwu


41 year old Nwalobi Fredrick from Ebonyi state, but resident in Ekwulobia has admitted to Impregnating his 16 year old in law.


This was after the family of the 16 year old reported the incident at the office of the Women and Social Welfare Commissioner in Awka.


Mr Nwalobi, an artisan in Ekwulobia, blamed the devil for the crime.


Contrary to what the suspect had earlier told the Honourable Commissioner, the 16 year old girl stated that the incident started after she was kept in her in laws care late January to enable her finish her secondary education since the demise of her mother.


She explained that it was just a day after settling in his house that Mr Nwalobi first had carnal knowledge of her and ever since has been having his way with her body.


Upon further interrogation, she revealed that she's already four months gone, and ever since she became pregnant, her inlaw has refused to take responsibility for putting her in a family way.


Meanwhile, the 41 year old suspect, who remarried in April after the death of his first wife, says he doesn't have money to take care of the girl since he now has his own family.


On her part, the women and social welfare Commissioner, Hon Ify Obinabo, despite the suspects plea, handed him over to the Ekwulobia Divisional police for further investigation.

More photos below.



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