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South Korean police seek tycoon behind K-pop supergroup BTS to be indicted

South Korean police are pushing for an indictment of music tycoon Bang Si-hyuk, the chairman of the agency behind K-pop supergroup BTS, over alleged i...

South Korean police seek tycoon behind K-pop supergroup BTS to be indicted
Source: SCMP - World

South Korean police are pushing for an indictment of music tycoon Bang Si-hyuk, the chairman of the agency behind K-pop supergroup BTS, over alleged investor fraud. The Seoul Metropolitan Police Agency referred Bang to the Seoul Southern District Prosecutors’ Office on Thursday, asking him to be indicted on a charge of violating the Capital Markets Act, according to the police agency and the prosecutor’s office. Police have been investigating Bang, the billionaire founder and chairman of Hybe,...

SOURCE: SCMP - World
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