Rev. Sun Myung Moon

Rev. Moon Regains Control As Washington Times Is Bought For $1

Ryan J. Reilly | September 1, 2010, 8:45AM

Rev. Sun Myung Moon

A Unification Church company controlled by leader Rev. Sun Myung Moon is buying back The Washington Times -- the conservative newspaper he started in the 1980s -- for the price of $1 and the assumption of the company's debt, according to an internal memo obtained by U.S. News & World Report.

Insiders at The Washington Times told U.S. News & World Report they were happy about the deal because they expect that church industry funds -- which unexpectedly stopped in July 2009 -- will resume and will keep the paper afloat. "It will turn the spigot back on," one insider said.

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Washington Times

Reports: Rev. Moon To Buy Back Washington Times

Ryan J. Reilly | August 25, 2010, 10:34AM

Rev. Sun Myung Moon

Four years ago, Unification Church founder Rev. Sun Myung Moon gave the Washington Times to his eldest son. Now, following a year of turmoil and uncertainty at the publication, he is considering paying millions to buy it back, the Washington Post reports.

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Unification Church

Victims Of Moon Church Ponzi Scheme Plead For Leniency For Scamster

Justin Elliott | January 12, 2010, 10:14AM

Unification Church leader Rev. Sun Myung Moon

The victims of a New Jersey woman who was convicted of bilking investors of as much as $2.5 million pleaded for leniency at her sentencing hearing Monday, arguing that she was fooled by a mysterious business partner -- who authorities believe may not actually exist.

Marcia Sladich, 51, of Clifton was sentenced to 70 months in prison yesterday for the three-year scheme, in which she collected money from fellow members of the local branch of Rev. Sun Myung Moon's Unification Church, promising guaranteed returns from international real estate investments. The scene at the sentencing hearing was reported by The Record newspaper.

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