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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INDIANA MAN TAKES THE LIFE OF A SEX OFFENDER AFTER HE WAS RELEASED FROM PRISON. (PHOTO).

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 Indiana man takes the life of a sex offender after he was released from prison.


35-year-old Nicholas Stanley is being charged with m*rder after police say he shot and fatally wounded 35-year-old Allen Cogswell.


The incident unfolded on the morning of June 24th in Goshen, Indiana at the Daylite Inn where Cogswell had been staying since being released from prison in May. 


Witnesses described seeing Nicholas peering through the windows of Cogswell's room before knocking on the door. According to witness statements and security video recovered from the scene, when Cogswell opened the door Nicholas drew a weapon and opened fire.


Allen Cogswell was shot multiple times striking him in the chest and head. 


According to court records, Nicholas Stanley is a relative of the victim. 


Nicholas Stanley is being held in the Elkhart County Jail with no bond. He is scheduled to appear in court on July 3rd.

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