85 Billion Won Fraud Group Arrested for Abuse of Non-Face-to-Face Jeonse Loans... 88 People Indicted
A group of 88 individuals has been arrested for defrauding approximately 8.5 billion won through fraudulent jeonse loan agreements aimed at vulnerable housing groups in South Korea.
Banks Increase Recovery Amount for Victims of Jeonse Fraud...Waiving Part of Distribution from Housing Auctions
South Korean banks are introducing measures to increase rental deposit recoveries for victims of jeonse fraud by agreeing to waive part of the auction distributions from fraud-related properties.
Tenant's Rights Against Landlords Established Upon Registration of Residence... Measures to Prevent Jeonse Fraud Announced
The South Korean government has announced measures to prevent jeonse fraud, establishing tenant rights to counteract landlords' potentially fraudulent actions during rental agreements.
AI Prevents Jeonse Scams... Real-time Analysis with Just the Address
A new AI service in Gyeonggi-do will analyze the risk of rental properties in real-time by inputting just the property address, aimed at preventing instances of rental scams.
Temperature difference in jeonse prices... Nowon is strong, Songpa is falling
In Seoul, the jeonse (long-term rental) prices show a falling trend in Songpa while rising in Nowon, highlighting regional disparities in the housing market.
Paju City Secures 100 Homes for Newlyweds and New Families through 'Jeonse Lease'
Paju City has secured 100 units under the government's 'Jeonse Lease' program for newlywed and new families, marking the first of its kind in a basic local government in Gyeonggi Province and the largest nationwide, excluding metropolitan governments.
Bucheon City Councilor Fined 5 Million Won for Collecting 22 Times the Legal Limit in Jeonse Brokerage Fees
A city councilor from Bucheon has been fined 5 million won for collecting brokerage fees exceeding the legal limit by 22 times during a jeonse contract.
[Exclusive] Police 'Used Political Donation as Jeonse Deposit' Twice Mentioned... Kang Seon-woo 'Reason for Arrest'
Police have stated that independent lawmaker Kang Seon-woo used a political donation of 100 million KRW received from former Seoul City Councilman Kim Kyung as a jeonse deposit, citing this as a reason for his potential arrest.
Kim Dong-yeon: 'Real Estate Collusion and Jeonse Fraud Must Be Severely Punished'... Gyeonggi Province Launches Investigation Team in Earnest
Gyeonggi Province Governor Kim Dong-yeon announced stringent measures against real estate collusion and jeonse fraud to ensure market stability and protect residents.