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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26-YEAR-OLD MODEL FROM INDIA, TRAGICALLY DIED BY SUICIDE IN PUDUCHERRY ON SUNDAY. (PHOTO)

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 San Rechal Gandhi, a 26-year-old model and former Miss Puducherry (2022), tragically died by suicide in Puducherry on Sunday. She passed away during treatment at JIPMER Hospital after being moved from a government hospital and a private facility. Rechal had reportedly consumed a large number of tablets while visiting her father’s home.


Police say that initial investigations suggest financial stress and personal struggles may have driven her to take the extreme step. She had recently sold her jewellery to manage her expenses and had also sought financial help from family members.


A suicide note was found at the scene, in which Rechal stated that no one should be blamed for her death. Given her recent marriage, authorities have ordered a Tahsildar-level inquiry to ensure all aspects are thoroughly examined.


Known for her active presence in the modelling industry, Rechal’s sudden death has shocked many in Puducherry and beyond. Police have confirmed that further investigations are underway to fully understand the circumstances surrounding her death.

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