The Man Behind BTS To Be Jailed? Hybe Founder Faces Fraud Allegations

The Man Behind BTS To Be Jailed? Hybe Founder Faces Fraud Allegations

If found guilty and the gains exceed 5 billion KRW (approximately $3.64 million), Hybe founder could face life imprisonment or a minimum of five years in prison.

South Korean regulator refers HYBE founder to prosecutors over IPO fraud allegations

Financial authorities in South Korea have referred HYBE founder Bang Si-hyuk to prosecutors following an investigation into fraud allegations. Bang’s legal woes have escalated in the same week that police announced they are no longer investigating breach of trust allegations made by HYBE against the ousted founder of its Ador subsidiary, Min Hee-jin.Bang is accused of misleading investors prior to the 2020 Initial Public Offering of K-pop powerh…

HYBE vows to lead global K-pop push amid IPO controversy

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Bang Si Hyuk Massive Financial Scandal: Is He Going to Jail? – A Breakdown of What REALLY Happened

Here’s a complete breakdown to help you understand what really happened behind Bang Si Hyuk financial scandal – is he truly going to jail?

HYBE’s Bang Si-hyuk referred to prosecution in alleged ‘unfair trading’ probe related to company’s IPO (report)

K-pop giant HYBE says there was nothing improper about the company's 2020 IPO, and plans to cooperate with investigators Source