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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NORTH KOREA SET TO REOPEN BORDERS TO FOREIGN TOURISTS. (PHOTO).

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 North Korea set to reopen borders to foreign tourists

The reclusive country has largely been closed to tourists since 2020, when it imposed strict COVID-19 border controls..


North Korea is set to reopen its borders to international visitors after years of strict COVID-19 border controls, say two Chinese tour operators..


Beijing-based Koryo Tours announced on its website on Wednesday that the reclusive country would be welcoming tourists to the northeastern city of Samjiyon and “likely the rest of the country” in December 2024..

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