{"id":55222,"date":"2026-04-20T23:36:38","date_gmt":"2026-04-21T03:36:38","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/bts-company-chairman-faces-arrest-warrant-in-south-korea-stock-fraud-case\/"},"modified":"2026-04-20T23:36:38","modified_gmt":"2026-04-21T03:36:38","slug":"bts-company-chairman-faces-arrest-warrant-in-south-korea-stock-fraud-case","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/bts-company-chairman-faces-arrest-warrant-in-south-korea-stock-fraud-case\/","title":{"rendered":"BTS Company Chairman Faces Arrest Warrant in South Korea Stock Fraud Case"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n

Authorities in South Korea have filed for an arrest warrant against Bang Si-hyuk, the chairman and creator of HYBE, the entertainment giant that manages world-famous K-pop group BTS, in connection with alleged securities fraud.<\/p>

The Seoul Metropolitan Police Agency announced that Bang is accused of breaking financial market regulations by providing false information to early investors before HYBE’s stock market debut and directing them to transfer shares to a private equity firm connected to his business partners.<\/p>

Investigators claim that following HYBE’s public listing, the equity firm disposed of its holdings, and Bang collected approximately 30% of the proceeds through a previously established shareholder deal, netting around 190 billion won ($129.1 million) in unauthorized profits.<\/p>

Bang has previously denied any wrongdoing.<\/p>

HYBE did not have an immediate comment when contacted by Reuters.<\/p>

Bang is also the founder of HYBE, the music powerhouse behind global Kpop supergroup BTS.<\/p>

Following news of the warrant request, HYBE’s stock price dropped 2.9% as of 0215 GMT, contrasting with a 1.8% increase in South Korea’s main KOSPI index.<\/p>

The National Police Agency revealed that the American embassy in Seoul recently submitted a formal request asking officials to permit Bang to visit the United States, despite an existing travel restriction during the ongoing probe.<\/p>

Police stated the embassy’s correspondence requested a temporary lifting of the prohibition, referencing scheduled appearances by Bang and other top company officials at a July 4th celebration and discussions regarding BTS’s continuing world tour.<\/p>

The U.S. embassy in Seoul said it did not have anything to add on that matter.<\/p>

Bang has been prohibited from departing South Korea since August of last year.<\/p>","protected":false},"excerpt":{"rendered":"

South Korean authorities are seeking to arrest Bang Si-hyuk, the chairman and founder of HYBE, the entertainment company behind global K-pop sensation BTS. Police allege he illegally profited $129 million through fraudulent stock dealings during the company’s public offering.<\/p>\n","protected":false},"author":4,"featured_media":55221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[832],"tags":[],"class_list":["post-55222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776742598345.jpg?fit=450%2C300&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-emG","jetpack-related-posts":[{"id":55239,"url":"https:\/\/tvdelmarva.com\/wp\/bts-music-mogul-faces-arrest-warrant-in-136m-fraud-investigation\/","url_meta":{"origin":55222,"position":0},"title":"BTS Music Mogul Faces Arrest Warrant in $136M Fraud Investigation","author":"Admin","date":"April 21, 2026","format":false,"excerpt":"Seoul police are seeking an arrest warrant for Bang Si-Hyuk, the chairman of HYBE and music mogul behind K-pop sensation BTS. Authorities allege he defrauded investors out of more than $100 million in a scheme involving the company's stock offering.","rel":"","context":"In "World News"","block_context":{"text":"World News","link":"https:\/\/tvdelmarva.com\/wp\/category\/world-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776746415844.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776746415844.jpg?fit=1000%2C666&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776746415844.jpg?fit=1000%2C666&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776746415844.jpg?fit=1000%2C666&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":55291,"url":"https:\/\/tvdelmarva.com\/wp\/police-want-to-arrest-bts-music-company-founder-over-stock-trading-scheme\/","url_meta":{"origin":55222,"position":1},"title":"Police Want to Arrest BTS Music Company Founder Over Stock Trading Scheme","author":"Admin","date":"April 21, 2026","format":false,"excerpt":"Authorities in South Korea are seeking to detain Bang Si-hyuk, the chairman and founder of HYBE, the entertainment company behind the global sensation BTS. Police accuse him of making $129 million through illegal stock trading connected to his company's public offering.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776759858557.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":56815,"url":"https:\/\/tvdelmarva.com\/wp\/prosecutors-reject-arrest-warrant-for-bts-agency-chairman-in-fraud-case\/","url_meta":{"origin":55222,"position":2},"title":"Prosecutors Reject Arrest Warrant for BTS Agency Chairman in Fraud Case","author":"Admin","date":"April 24, 2026","format":false,"excerpt":"South Korean prosecutors have turned down a police request to arrest Bang Si-Hyuk, the billionaire chairman of BTS's management company Hybe. The 53-year-old music executive faces allegations of misleading investors before the company's public stock offering in 2019.","rel":"","context":"In "World News"","block_context":{"text":"World News","link":"https:\/\/tvdelmarva.com\/wp\/category\/world-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1777027068839.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1777027068839.jpg?fit=1000%2C666&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1777027068839.jpg?fit=1000%2C666&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1777027068839.jpg?fit=1000%2C666&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":39793,"url":"https:\/\/tvdelmarva.com\/wp\/netflix-eyes-more-live-events-in-south-korea-following-bts-concert-success\/","url_meta":{"origin":55222,"position":3},"title":"Netflix Eyes More Live Events in South Korea Following BTS Concert Success","author":"Admin","date":"March 19, 2026","format":false,"excerpt":"Netflix officials say they're looking to expand live event programming in South Korea after preparing to stream a major BTS comeback concert. 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The free performance will showcase songs from their new album \"ARIRANG\" and will be livestreamed worldwide on Netflix.","rel":"","context":"In "World News"","block_context":{"text":"World News","link":"https:\/\/tvdelmarva.com\/wp\/category\/world-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773895839304.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773895839304.jpg?fit=1000%2C666&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773895839304.jpg?fit=1000%2C666&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773895839304.jpg?fit=1000%2C666&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":50690,"url":"https:\/\/tvdelmarva.com\/wp\/k-pop-fans-flock-to-movie-theaters-for-bts-concert-experience\/","url_meta":{"origin":55222,"position":5},"title":"K-Pop Fans Flock to Movie Theaters for BTS Concert Experience","author":"Admin","date":"April 11, 2026","format":false,"excerpt":"Devoted BTS fans who couldn't attend the group's live concerts in South Korea are gathering at AMC theaters to watch the performances on the big screen. 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