Hybe Chair Bang Si-hyuk banned from leaving country amid stock fraud probe

Bang Si-hyuk, chairperson of K-pop powerhouse Hybe, has been barred from leaving South Korea as police investigate allegations of stock fraud tied to the company’s 2020 listing. According to local reports on Wednesday, the travel ban was imposed on Aug. 11, when Bang returned to Seoul. The Seoul Metropolitan Police Agency’s financial crime investigation unit confirmed it has placed a travel restriction on Bang, who is under investigation for alleged violations of the Capital Markets Act. Bang is