An additional 258 people have been recognized as victims of lump-sum “jeonse” rental housing deposit fraud, making them eligible for government support.
The land ministry’s committee charged with handling such fraud cases announced on Thursday that it approved 258 out of 317 requests seeking recognition as jeonse fraud victims the previous day.
As a result, the number of victims recognized by the government has risen to nine-thousand-367 since a special law went into effect on June 1 that provides support in such cases.
Under the law, eligibility extends to tenants with a fixed date on their jeonse contract whose residence is put up for auction while an investigation into alleged fraud is conducted.
Once eligible, the victims can apply for a deferment or suspension of the auction and decide whether to purchase the home through the right of first refusal or continue with the lease.