Evangelical Baptist Church of Korea

In 1987 South Korean police were investigating accusations against a 48-year-old woman, Park Soon-ja, saying that she had swindled ₩8.9 billion (US$8.7 million) from about 220 people.[18][19] Her company Odaeyang Trading Co. was a firm that fronted for a religious sect led by Park, which was a splinter group from Yoo Byung-eun's Evangelical Baptist Church.[20] On 29 August, thirty-two members of the sect who believed in doomsday, including Park Soon-ja and her three children, were found dead, bound and gagged.[21][22] The case became known as the Odaeyang mass suicide. Police assumed the event was a murder–suicide pact, and the prosecution initially suspected that Yoo Byung-eun was linked to the case;[23][13] but he was never charged, and the police closed the case as a mass suicide.[24][25][26][27] There were claims that Park Soon-ja, the head of Odaeyang Church gave a large amount of money to the EBC members, and that the money flowed back to Semo. However, it was later found that this was a transaction between an EBC member and Park Soon-Ja before Odeyang was established,[28] in 1992, Yoo Byung-eun was convicted of "habitual fraud under the mask of religion" for his alleged role in colluding with one of his employees to collect donations from church members in the amount of ₩1.2 billion (US$1.15 million) and invest them in his businesses. He served a 4-year prison term.[29][30][31][32][33][34] In November 2014, the Incheon District Prosecutor's Office stated in a report that they did not find a prosecutable connection between Yoo's Evangelical Baptist Church and the Odaeyang incident.[35][36]

The ferry Sewol capsized and sank on 16 April 2014, resulting in 304 people dead or missing,[37][38] the second worst ferry disaster in South Korean history.[39][40] Sewol was operated by the company Chonghaejin Marine, for which Yoo Byung-eun was former chairman.[41] Despite initial media reports, Yoo retired from Chonghaejin Marine Ltd in 1997, and thus, had not been involved in this company’s operations since his retirement.[42]

Yoo Byung-eun is known to mainly reside in a rural church compound called "Geumsuwon" (금수원) located east of Anseong in the Gyeonggi Province some 80 kilometres (50 mi) south of Seoul.[43] Yoo has a photography workshop there, and according to his publicist Michael Ham, managing director of Ahae Press and co-director of Evangelical Media Group, Beginning in 2009, Yoo began obsessively focusing on his photography work, spending every day completely dedicated to his photography for more than four years—allegedly taking about 2.7 million photographs during this time, all through one window.[44][45][46] Members of the group run the 760,000 square metres (8,200,000 sq ft) compound Geumsuwon as a commune where they grow organic produce and run a freshwater fish farm.[6][47]

On 23 April, investigators of the Incheon District Prosecutors' Office raided the head office of Chonghaejin Marine, and some 20 offices of its affiliates, as well as the office of the Evangelical Baptist Church in Yongsan, central Seoul. Prosecutors initially suspected that funds from members of the religious group had been used in business operations of Chonghaejin Marine and Yoo Byung-eun.[13][48] However, this suspicion turned out to be incorrect. Yoo Byung-eun did not embezzle from the EBC nor did he expand his businesses by its members' donations.[49]

On 24 April, a financier of the Evangelical Baptist Church was summoned for questioning to trace deals between the group and companies run by Yoo and his two sons.[12][50] Transcripts of land registers showed that four days later on 28 and 29 April, Yoo and his family signed over some 24 properties worth around ₩27 billion (~US$26 million) to the Evangelical Baptist Church.[51] It was later found that reports of his wealth incorrectly included real estate properties owned by farming associations, which had been established by church members.[49]

On 28 April 600 members of the Evangelical Baptist Church staged a protest rally in front of the headquarters of the Korea Broadcasting System in Yeouido, Seoul against media coverage of, and the investigation into the group's links to the operator of the ferry Sewol, denying suspicions that the Evangelical Baptist Church had cross-border transactions with affiliates of the ferry operator.[52]

Prosecutors warned on 24 May, that anyone who helps Yoo in hiding faces up to three years in prison.[53] Four members of the EBC were arrested 25 May for assisting Yoo to escape detection by the police.[16][54] On 26 May, EBC, in an apparent move to confuse investigators, said that Yoo might have returned early in the morning to Geumsuwon. A spokesperson for the church later announced that Yoo had not returned, further saying, "We hope Yoo doesn't get arrested. A 100,000 members will protect Yoo. Even if the entire congregation of 100,000 believers is arrested, we won't hand him over."[16][15] Lee Jae-ok, one of Yoo's close aides, was arrested on 26 May on charges of planning Yoo's life as a fugitive and helping him evade detection for weeks.[11][55]

• Evangelical Baptist Church (in Korean)
• Evangelical Media Group, Advancing the teachings and beliefs of the Korean Evangelical Baptist Church