YH Entertainment has issued a warning to fans after confirming investment fraud in Japan involving people impersonating AND2BLE’s official Japanese management agency.
According to the statement released on October 5, the agency has been confirming instances of fraud where scammers claim to be in charge of the group’s Japanese management and use that cover for investment schemes.
The agency made it clear that AND2BLE’s official Japanese management is handled exclusively through SMD and Sony Music Entertainment (Japan) Inc. / EPIC Records Japan — no one else is authorized.
Fans were urged to be especially cautious about investment solicitations or financial transactions involving anyone claiming to represent the group’s official management agency.
One commenter on the original discussion pointed out that the scam involves impersonation of the agency handling the group’s Japanese management, not impersonation of the members themselves.
The agency did not provide details about who is behind the fraudulent solicitations or how many cases have been confirmed so far.
Fans should stick to official announcements for any legitimate information and treat unexpected investment pitches with suspicion.
