Police investigate BTS record label for fraud

Police investigate BTS record label for fraud

HYBE, the agency behind K-pop superstars BTS, was raided by police on Thursday in connection with alleged fraudulent trading involving its founder Bang Si-hyuk, investigators said. "We are conducting a search and seizure at HYBE's headquarters in Yongsan District," Seoul police said in a brief statement, as per AFP. Bang, the mastermind behind BTS, is under investigation over allegations that he misled early investors to reap illicit profits fro…