SOUTH KOREAN POLICE SEEK ARREST WARRANT FOR HYBE CHAIRMAN BANG SI-HYUK OVER ALLEGED $100 MILLION INVESTOR FRAUD SCHEME. (PHOTO).

Image
 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...

A 24-YEAR-OLD FATHER OF 3 DROWNED WHILE TRYING TO RESCUE FRIENDS WHOSE BOAT CAPSIZED AFTER HIS OWN BOAT CAPSIZED AS THE VICTIMS SCRAMBLED TO GET ON BOARD.(PHOTO).


 A 24-year-old father of 3 drowned while trying to rescue friends whose boat capsized after his own boat capsized as the victims scrambled to get on board.


Brandon Steele Jr. was fishing with 3 friends at a private pond in Georgia on August 24th when the awful incident occurred. 


The 4 friends were fishing in two separate boats. As the friends fished, the second boat that was not carrying Brandon, began to take on water and started sinking. As his two friends struggled in the water, Brandon made his way over to them in his boat in an attempt to affect a rescue.


As the two individuals in the water scrambled to get aboard Brandon's boat, they inadvertently caused the vessel to capsize.


This left all four individuals in the water. However, one friend was able to swim to shore and call for help. The other two friends were able to stay afloat until they were rescued.

Sadly, after entering the water, Brandon slipped below the surface. His body was recovered at 4:30 p.m. on the evening of August 24th by the Georgia Department of Natural Resources, four hours after slipping below the surface.


 Brandon, who leaves behind 3 young children, is remembered as a wonderful young man who was quick with a joke or to help anyone in need.  His family would like him to be remembered as a hero whose final selfless act cost him his own life.


Our thoughts are with all of his loved ones.

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.