HYBE Sends Email To Employees After Raid In Fraud Case: 'Concentrate On Your Responsibilities'

HYBE Sends Email To Employees After Raid In Fraud Case: 'Concentrate On Your Responsibilities'

Bang Si-hyuk, founder and chairman of Hybe – the South Korean entertainment company which handles BTS, has been accused of indulging in fraudulent activities.

HYBE Headquarters Raided Amid IPO Fraud Probe, CLO Speaks

Credit: HYBE South Korean police raided the headquarters of K-pop giant HYBE on July 24th over allegations of stock fraud involving the company’s founder, Chairman Bang Si Hyuk. Following the raid, HYBE’s Chief Legal Officer, Jeong Jin Soo, sent an email to employees on Friday morning to address the situation. “The company is fully cooperating with authorities to get to the bottom of this,” Jeong wrote. “We will demonstrate that the company has …