Composer jailed for defrauding investors in fake BTS business scheme

A South Korean appellate court has upheld a six-year prison sentence for a composer in his 50s who defrauded investors of 1.3 billion won ($880,000) by falsely claiming business ties with Hybe and proposing a fake venture involving the intellectual property of BTS. The Suwon High Court on Wednesday dismissed the defendant’s appeal and upheld the original sentence handed down by a lower court. The composer was convicted of fraud under the Act on the Aggravated Punishment of Specific Economic Crim

By The Korea Herald