K-Pop Mogul Wanted for Fraud

The investigation into the founder of the world's most powerful K-pop conglomerate has sent shockwaves through the global entertainment industry.

Authorities allege that Bang misled investors ahead of Hybe's 2020 public listing and later profited through an illicit private-equity-linked arrangement.

The Seoul Metropolitan Police Agency expanded the probe after uncovering evidence of unfair stock trading.

The case comes at a sensitive time for the agency as members of BTS prepare to resume full group activities following their military service.