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...

IDF ELIMINATES GUNMEN BEHIND DEADLY WESR BANK TERROR ATTACK IN MAJOR JENIN RAID. (PHOTO).


 IDF eliminates gunmen behind deadly West Bank terror attack in major Jenin raid


Israeli forces, on Wednesday near Jenin, night killed two Palestinian gunmen who were involved in a terror attack earlier this month that left three Israelis dead, the IDF and Shin Bet security service confirmed Thursday.


The gunmen, identified as Qutaiba al-Shalabi and Mohammed Nazal, were killed during a counter terrorism operation in the Wadi Burqin area of Jenin.


Hamas claimed responsibility for the January 6 shooting attack in the village of al-Funduq, which claimed the lives of off-duty police officer Master Sgt. Elad Yaakov Winkelstein, 35, and civilians Rachel Cohen, 73, and Aliza Raiz, 70.


The operation, part of a large-scale raid in the Jenin refugee camp, involved IDF Duvdevan commandos, Shin Bet agents, and other forces.


Troops used a “pressure cooker” tactic, escalating fire on a building where the suspects were barricaded. After a four-hour gunfight, the two gunmen were killed. One IDF soldier sustained moderate injuries.


Hamas claimed the gunmen as members but the IDF and Shin Bet said they were affiliated with Palestinian Islamic Jihad. Several accomplices were also detained, while investigators sought to confirm the involvement of a third suspect in the al-Funduq attack.


The raid is part of “Operation Iron Wall,” which aims to dismantle the so-called Jenin Battalion, a coalition of terror operatives from Hamas and Palestinian Islamic Jihad.


The campaign, the third major IDF incursion into Jenin in two years, has seen hundreds of troops supported by drones, helicopters, and armored vehicles.


Defense Minister Yoav Gallant stated that lessons learned from the recent Gaza war were being applied in Jenin, noting the growing threat posed by Iranian-backed groups in the West Bank.


“We will not allow the arms of the Iranian regime and radical Sunni Islam to establish a terrorist front east of Israel,” he said.


So far, 13 Palestinian gunmen have been killed in the operation, according to IDF reports. Residents of the crowded refugee camp have reported constant gunfire and explosions, with 2,000 Palestinians reportedly displaced from their homes.


The operation comes as tensions remain high across the West Bank. Israel has implemented additional roadblocks and checkpoints during the Gaza ceasefire, leading to significant delays for Palestinian residents and fears of unrest.

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