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825 Additional People Recognized as Jeonse Fraud Victims

Written: 2023-11-30 08:53:06Updated: 2023-11-30 08:57:20

825 Additional People Recognized as Jeonse Fraud Victims

Photo : YONHAP News

An additional 825 people have been recognized as victims of lump-sum “jeonse” rental housing deposit fraud, making them eligible for government support.

The Ministry of Land, Infrastructure and Transport announced on Thursday that it approved 825 out of one-thousand-eight 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-109 since a special law went into effect on June 1 that provides support for jeonse fraud victims.

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.

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