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...

S. A: FOUR LESOTHO NATIONALS HAVE BEEN ARRESTED ABD CHARGED WITH THE TRIPLE MURDER OF THREE MEN . (PHOTO).


 Four Lesotho nationals, Mosweu Letsie (32), Tumisang Khoachone (21), Tshidiso Mohloboli (18), and Itumeleng Mosweunyane (24), have been arrested and charged with the triple murder of three men aged between 25 and 38 in Kanana.


The incident occurred on Saturday, 18 January 2025, at a tavern in Extension 3, Kanana, where a fight broke out between two groups of Basotho nationals. One group overpowered the other, kidnapped five victims, and took them to the nearby Schoonspruit River, where they were assaulted. One victim escaped, four were thrown into the river, and three went missing.


The four suspects appeared before the Orkney Magistrates' Court on Monday, 20 January 2025, and were remanded in custody until Monday, 27 January 2025, for a formal bail application.

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