Body believed fugitive owner of sunken ferry

July 22, 2014 12:12 AM

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Body believed fugitive owner of sunken ferry

South Korean police Tuesday said a body found in June is believed to be the fugitive billionaire owner of a ferry that sank two months earlier, killing more than 300 people.

DNA evidence indicates the man found in a field about 185 miles south of Seoul is 73-year-old Yoo Byung Eun, who also founded a Christian cult known as the Salvation Sect, the Yonhap news agency reported. His company, Chonghaejin Marine Co., owned the ferry Sewol, which capsized and sank April 16, a...

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