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...

VANITY FAIR CUTS TIES WITH OLIVIA NUZZI AMID ROBERT F. KENNEDY JR. CONTROVERSY. (PHOTO)


 Vanity Fair cuts ties with Olivia Nuzzi amid Robert F. Kennedy Jr. controversy

 Vanity Fair is ending its relationship with West Coast editor Olivia Nuzzi amid controversy over her past involvement with Robert F. Kennedy Jr. while she was a Washington correspondent for New York magazine. A statement Friday from both Nuzzi and the publication said they “have mutually agreed, in the best interest of the magazine, to let her contract expire at the end of the year.” Nuzzi had joined Vanity Fair as West Coast editor in September.

Nuzzi, 32, gained prominence at New York magazine for her political profiles until 2024, when it was revealed she had a personal relationship with Kennedy, then a presidential candidate and now head of the Department of Health and Human Services. She was fired from New York magazine for failing to disclose the relationship. She later recounted the relationship and its fallout in her memoir, American Canto, which refers to Kennedy as “The Politician” and her ex-fiancé Ryan Lizza as “the man I did not marry.” The memoir’s release coincided with Lizza posting allegations on Substack, including claims that Nuzzi had an affair with another profile subject and had offered political advice to Kennedy—both considered off-limits for journalists. Lizza also published private text messages from Kennedy to Nuzzi that he had obtained.

Nuzzi dismissed Lizza’s posts as “fiction-slash-revenge porn” in a Substack interview. The announcement of her departure came shortly after the release of American Canto, which was poorly received by critics and ranked low on Amazon’s bestseller list. Critics described the memoir as lacking substance, with one calling it “a tell-nothing memoir.” Nuzzi responded to the difficult week with humor, publishing a Substack column titled “Signs Your Book Rollout Has Gone Awry,” which included quips such as “Monica Lewinsky reaches out to check on your mental health.”


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