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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HANDYMAN AWARDED $140,000 IN CIVIL CASE AGAINST KANYE WEST . (PHOTO).

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 Handyman awarded $140,000 in civil case against Kanye West 

  

 A Los Angeles jury has ordered Kanye West, now known as Ye, to pay handyman Tony Saxon $140,000 for injuries sustained while supervising renovations at Ye’s $57 million Malibu home, far less than the $1.7 million Saxon had sought. The award covers past and future medical expenses and pain and suffering, but the jury rejected claims for unpaid wages and punitive damages.

Saxon was hired to oversee the transformation of the architecturally significant Ando house into an off-grid-style residence. During the project, which lasted six to seven weeks, Saxon acted as project manager and overnight security, sleeping on a bare mattress on the concrete floor. He was fired after refusing to move a gas generator indoors, citing safety concerns about carbon monoxide exposure. Ye’s legal team argued Saxon exaggerated his injuries, portraying him as a “professional victim,” while the jury ultimately sided with Saxon on compensation for his back injury. This trial is among several lawsuits former employees have filed against Ye, including others from his former Donda Academy staff.


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