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The Independent UK

National

Ap Correspondent

BTS agency’s billionaire founder faces arrest in fraud investigation

BTS Bang Sihyuk Police South Korea HYBE United States

South Korea police said on Tuesday they are seeking to arrest music mogul Bang Si-Hyuk, chairman of the agency behind K-pop supergroup BTS, as they expand an investigation into allegations that he illegally gained more than $100m in an investor fraud scheme.

The Seoul Metropolitan Police Agency confirmed that it has asked prosecutors to request a court warrant for Mr Bang’s arrest.

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