Daily Israel Report
11:11
Reported

News Brief

  6/11/2014, Sivan 13, 5774

S. Korean Police Search for Fugitive Ferry Businessman


South Korean police raided a religious commune on Wednesday, in search of  a fugitive businessman linked to the ferry that sank and killed more than 300 people.

Yoo Byung-un is wanted on charges of embezzlement, negligence and tax evasion linked to business deals centered on an investment vehicle owned by his sons and connected to the sunken ferry case.