CultNEWS101 Articles: 1/9/2026
Patrick Ryan
New Indian Express: Four arrested in crypto-based MLM scam in Visakhapatnam
"Cybercrime police have arrested four persons for operating a crypto-based MLM (Multi-Level Marketing) business scam in Visakhapatnam. It was run in different names like UMT, UBIT, Ultraverse and MMMC.
Multiple crypto apps such as SafePal, Binance, CoinDCX, and Coinstore, along with numerous user IDs, passwords, and login credentials were seized. The accused misled the public by promoting investments in these schemes, which were structured as Ponzi-style chain systems. The arrested include Nagireddy Sudheer Naidu of MK Gardens, Mangi Soma Raju (41) of Marripalem, Gurala Srikanth of Chinagadili, and Allipalli Venkata Ramesh Babu of Seethammadara. The quartet were remanded to judicial custody.
Under the direction of Visakhapatnam City Police Commissioner Shanka Brata Bagchi, action was initiated against individuals who invested in fraudulent crypto-based online schemes such as UMT (Unity Meta Token), UBIT, Ultraverse, and MMMC. These schemes falsely promised high returns and guaranteed profits to lure innocent investors."
Asia Business Daily: Police Conduct Third Interview with Yoon Youngho, Key Figure in "Unification Church Lobbying" Allegations
" ... Former Director Yoon is suspected of delivering cash worth tens of millions of won and luxury watches to former Minister of Oceans and Fisheries Jeon Jaesoo, former Democratic Party lawmaker Lim Jongseong, and former United Future Party lawmaker Kim Gyuhwan between 2018 and 2020.
Earlier, the police referred former Universal Peace Federation (UPF) Chairman Song Kwangseok, President Han Hakja, former World Headquarters Director Yoon Youngho, and Han's former chief secretary Jung Wonju to the prosecution on charges of violating the Political Funds Act.
The prosecution indicted former Chairman Song for violating the Political Funds Act, but requested the police to conduct supplementary investigations regarding President Han, former Director Yoon,
Korea Times: Prosecution, police form joint investigation team to handle Unification Church allegations
"The prosecution and the police formed a joint investigation team Tuesday to handle various allegations of bribery among the Unification Church, the Shincheonji Church of Jesus and politicians, the Supreme Prosecutors Office (SPO) said.
The launch of the new team comes after the legally mandated investigation period of special counsel Min Joong-ki's team ended last month before it was able to fully determine the details of alleged bribery between the Unification Church and multiple lawmakers of both the ruling and main opposition parties.
The SPO said the joint team will look into not only the Unification Church but also the religious sect, Shincheonji, and other faith groups to determine whether they provided bribes to politicians and meddled in elections."
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