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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FATAL ELECTROCUTION: BORNO POLICE EVACUATES BODY OF SUSPECTED TRANSFORMER VANDAL, COMMENCE INVESTIGATION AT BORNO STATE UNIVERSITY. (PHOTOS). #PRESS RELEASE.

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 BORNO STATE POLICE COMMAND

PRESS RELEASE

7th September, 2025 


FATAL ELECTROCUTION: BORNO POLICE EVACUATES BODY OF SUSPECTED TRANSFORMER VANDAL, COMMENCE INVESTIGATION AT BORNO STATE UNIVERSITY


The Borno State Police Command wishes to inform the public that today, 7/9/2025, the body of an unidentified male was discovered near a transformer in Borno State University, Maiduguri. Preliminary investigations revealed that the deceased was electrocuted in an attempt to vandalize electrical installations.


The Command has since commenced a full investigation into the incident, while the body in collaboration with Borno State Fire Service has been evacuated to the hospital for proper medical procedures.


The Commissioner of Police, CP Naziru Abdulmajid, psc, once again warns criminal elements to desist from acts of vandalism and sabotage, as such endanger lives and compromise public safety.


The Command reassures the good people of Borno State of its commitment to protecting lives and property and urges residents to remain vigilant and promptly report suspicious movements around public infrastructure to the nearest police station.


Emergency Contacts: 0806 807 5581, 0802 347 3293


ASP Nahum Kenneth Daso, Anipr

Police Public Relations Officer

Borno State Command. 

More photos below. 







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