Entertainment
Police Raid HYBE Over Alleged Stock Fraud Involving Chairman Bang Si‑hyuk
HYBE, the powerhouse behind global K-pop acts like BTS, TXT, Seventeen, found itself at the center of controversy on July 24 after Seoul police officers stormed the company’s headquarters in Yongsan. This surprise raid was part of an investigation into allegations that the agency’s chairman, Bang Si‑hyuk, was involved in stock fraud tied to HYBE’s initial public offering.
Authorities from the Seoul Metropolitan Police’s financial crimes unit began searching the building in the early hours, seizing documents and digital records they believe could be key evidence. The investigation stems from a complaint filed by the Financial Supervisory Service, accusing Bang of misleading investors and making unfair gains before HYBE went public in 2020.
Back in 2019, Bang reportedly told early investors that HYBE had no intention of listing on the stock exchange. Trusting his word, many sold off their shares. But shortly after, HYBE pushed ahead with an IPO in 2020, and Bang is said to have walked away with hundreds of billions of won in profit, money those early investors never saw.
Investigators believe Bang used a private investment vehicle, possibly with the help of former employees, to secretly benefit from the listing while keeping others in the dark. Additionally, the alleged scheme could amount to a serious breach of South Korea’s financial laws.
This case has been quietly building for months.
In May, South Korea’s financial regulators handed over their findings to prosecutors. By July 17, police had obtained search warrants. On July 24, they moved in and launched the raid. Just days earlier, the Seoul Southern District Prosecutors’ Office granted the FSS full authority to dig deeper into the matter, giving the case even more weight.
In a short statement, HYBE said it is fully cooperating with the authorities and maintains that it has done nothing illegal. In addition, the company emphasized that its IPO process followed all necessary procedures and that it will continue to work with investigators to resolve the issue.
Nigerian rapper Zlatan Ibile has announced his upcoming wedding celebration with his longtime partner, Davita Lamai.
The couple revealed that their wedding celebration will take place on October 24, 2026, in a pre-wedding video shared on social media.
The video featured a voice-over from one of their children, who spoke about the love and support their parents have shown each other while reflecting on their family life.
Zlatan and Davita have been together for several years and share children. Their wedding announcement has since attracted congratulatory messages from fans, who are looking forward to the couple’s celebration.
The announcement comes after reports of a private civil ceremony earlier in 2026, with the upcoming event expected to mark another celebration of their union.
It’s a new month, which means K-drama fans have more series to add to their watchlists.
October 2026 brings a range of new Korean dramas, from romance and comedy to medical stories, mysteries and thrillers. Some have already premiered, while others are scheduled to arrive later in the month.
Here are 11 K-dramas to look out for this October:
- Your Personal Taxi
- Between Steps
- Take Charge of My Heart
- Doctor X
- 100 Days of Deception
- Make Me Tingle
- Love in Disguise
- Final Table
- Oh! My Guard
- Dead-End Job
- The Perfect Lie
Several global music stars began their careers while they were still teenagers, growing up in the spotlight as their songs gained popularity around the world.
Justin Bieber is one of the best-known examples. He rose to fame as a teenager after his music videos attracted attention online. Selena Gomez also became a household name at a young age through acting and music.
Here are 10 singers who achieved fame early in their lives:
- Justin Bieber – Rose to international fame as a teenager with songs such as “Baby.”
- Selena Gomez – Gained early recognition through acting before building a successful music career.
- Miley Cyrus – Became famous as a teenager through Hannah Montana and later released hit songs.
- Taylor Swift – Began her music career as a teenager and became known for country songs such as “Our Song.”
- Billie Eilish – Gained international attention as a teenager with “Ocean Eyes.”
- Rihanna – Rose to fame as a teenager with her debut single “Pon de Replay.”
- Ariana Grande – First became known through acting before establishing herself as a pop singer.
- Britney Spears – Became a global pop sensation as a teenager with “…Baby One More Time.”
- Shawn Mendes – Gained attention as a teenager by sharing song covers online before releasing his own music.
- Olivia Rodrigo – Built an acting career while young before achieving major music success with “drivers license.”
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