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HYBE Chairman Bang Si-hyuk Summoned Twice for 'Fraudulent Trading' Allegations Related to IPO

HYBE Chairman Bang Si-hyuk Summoned Twice for 'Fraudulent Trading' Allegations Related to IPO

Police Focus on False Disclosure of Listing Plans and Allegations of Acquiring Approximately 190 Billion Won in Undue Profits
Bang Si-hyuk, Chairman of HYBE, has recently confirmed to have undergone two additional summons related to the allegations of 'fraudulent trading' raised during the IPO process. The police suspect that Chairman Bang provided false information to induce a specific private equity fund to sell its...
| Yangsimoh
'$30 billion fraud' One Hundred CEO Cha Gawon is arrested and sent to prosecutors on suspicion of stealing $24.2 billion

'$30 billion fraud' One Hundred CEO Cha Gawon is arrested and sent to prosecutors on suspicion of stealing $24.2 billion

By posing as an IP business for entertainment artists, he allegedly pocketed a $24.2 billion advance payment, with signs of “round-robin” repayment of existing debts
The peak of a $30 billion-claimed fraud scandal that has sent shockwaves through the entertainment industry is now facing judgment in court. The CEO of the famous entertainment agency 'One Hundred Label,' 'Cha Gawon,' has been arrested and sent to the Seoul Central District Prosecutors' Office on...
| James choi
Japanese Trainee Goes Missing Before Debut, Sent for Fraud Charges After Investigation—Losses Total 57 Million Won

Japanese Trainee Goes Missing Before Debut, Sent for Fraud Charges After Investigation—Losses Total 57 Million Won

Two months before debut, after a double contract, he disappeared—sent on fraud charges with a travel ban and then referred for non-custodial prosecution to prosecutors
“Planned disappearance” two months before debut… A malicious double contract targeting the K-pop systemA cunning pattern of crime that exploits K-pop’s global status and systematic training system has come to light.
| James choi
'300 Billion Won Fraud' Cha Gawon Seeks Third Arrest Warrant Request... Will Prosecutors Again Reject It?

'300 Billion Won Fraud' Cha Gawon Seeks Third Arrest Warrant Request... Will Prosecutors Again Reject It?

Allegations of embezzling a 24.2 billion won advance payment and a 5.4 billion won jeonse scam... Defense attorney pushes back, saying the police carried out unlawful investigations
"Hundred Label" Cha Gawon faces 300 billion won fraud allegations... Eyes on police pressure for a third arrest warrantPolice have taken the extreme step of pursuing a third arrest warrant against Cha Gawon, the representative of "Hundred Label", an entertainment agency accused of fraud on a...
| James choi
TVING personal data leak hits 19.53 million users—bank accounts and passwords breached, up 6.5 million from initial estimates

TVING personal data leak hits 19.53 million users—bank accounts and passwords breached, up 6.5 million from initial estimates

Concerns about identity theft are spreading after refund account information and linked data were exposed.
An unprecedented security disaster—19. 53 million people’s daily lives were exposedThe “TVING”, once touted as the pride of Korea’s homegrown OTT, has been swept up in what officials call the worst security scandal in its history. It has been confirmed that “19.
| James choi
Just Before Debut, a 60 Million Won “Scam”… Departure Ban for a Japanese K-Pop Trainee Caught in a Double Contract

Just Before Debut, a 60 Million Won “Scam”… Departure Ban for a Japanese K-Pop Trainee Caught in a Double Contract

Filming a music video, then suddenly vanishing… Police launch a probe into repeated double contracting aimed at smaller agencies
A Japanese trainee in the K-pop debut lineup sparks backlash after a sudden disappearance over a “scam” worth tens of millions of wonA meticulously planned “double contract” and a sudden disappearanceA Japanese member, poised to debut as a K-pop idol group, suddenly vanished, prompting police to...
| James choi
'Mad Men' Jon Hamm Stars in Crime Drama 'Friends & Neighbors' Season 2 Trailer Released!

'Mad Men' Jon Hamm Stars in Crime Drama 'Friends & Neighbors' Season 2 Trailer Released!

Former financial mogul Coop (Jon Hamm) suddenly becomes a divorced man and unemployed, starting to rob the homes of wealthy neighbors to make ends meet.
‘Friends & Neighbors’ is a series that tells the story of former financial mogul ‘Coop’ who suddenly becomes a divorced man and unemployed, starting to rob the homes of wealthy neighbors while facing their hidden secrets one by one.
| Joo Seong-cheol
Apple TV+ 'Friends & Neighbors' Confirms Season 3 Production Ahead of Season 2 Release 'Bold Move'

Apple TV+ 'Friends & Neighbors' Confirms Season 3 Production Ahead of Season 2 Release 'Bold Move'

Season 2 premieres on April 3... Jon Hamm stars as a dangerous neighbor surviving through 'Burglary'
Apple TV+’s global hit series 〈Friends & Neighbors〉(Your Friends & Neighbors) has unusually confirmed the early production of Season 3 ahead of the Season 2 release, showcasing its confidence.Apple TV+ has confirmed the release of 〈Friends & Neighbors〉 Season 2 on April 3 and has released a teaser...
| Seongchan Eol
‘But Really!’ Youngest Kai Becomes the ‘All-Round Entertainer’ Capturing Tak Jae-hoon... Forecasting the Monday Entertainment Powerhouse

‘But Really!’ Youngest Kai Becomes the ‘All-Round Entertainer’ Capturing Tak Jae-hoon... Forecasting the Monday Entertainment Powerhouse

Achieving a peak rating of 2.9% and ranking first in the 2049 demographic during the same time slot... The chemistry between Kai, Tak Jae-hoon, Lee Sang-min, and Lee Soo-ji Explodes
SBS's new entertainment show 〈But Really. 〉(hereafter ‘But Really’) has emerged as a new powerhouse for Monday nights, showcasing a shocking worldview and perfect chemistry among the MCs right from its first broadcast. The first episode aired on the 2nd, recording a peak viewership rating of 2.
| Chua-young
[Statement] Position of the Film Import and Distribution Association Regarding Fraudulent 'Review Part-Time Job' Impersonation

[Statement] Position of the Film Import and Distribution Association Regarding Fraudulent 'Review Part-Time Job' Impersonation

This is a clear impersonation crime completely unrelated to the association and all member companies, and the association and its members do not request individuals to purchase movie tickets, make advance payments, or pay fees under any circumstances.
The Film Import and Distribution Association (hereinafter referred to as the ‘Association’) officially states its position regarding the recent confirmation of numerous cases of impersonation fraud, commonly known as ‘movie review part-time job’ scams, using the name of the association and its...
| Joo Seong-cheol