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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S. A: THREE BUSINESS ROBBERY SUSPECTS ARRESTED IN MAHWELERENG. (PHOTOS).

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 Three Business Robbery Suspects Arrested in Mahwelereng


Mahwelereng police have arrested three suspects shortly after two business robberies were carried out on the morning of Wednesday, 23 April 2025.


The suspects allegedly robbed a shop in Ga-Rauwele and a supermarket in Sekuruwe, using imitation firearms to steal cellphones, cigarettes, groceries, and cash.


Acting swiftly, the Mahwelereng Visible Policing Unit tracked down the suspects' getaway vehicle, a white Chevrolet sedan, which crashed during a police chase on the N11 road. All three suspects were arrested on the scene.


Stolen goods and two pellet guns were recovered from the vehicle. The suspects, currently under hospital care due to crash injuries, will appear in court soon. Investigations are ongoing.

More photos below. 





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