Ministry of Land, Infrastructure and Transport, 6monthly victims of jeonse fraud 548cases recognized…cumulative 39,669people
The Ministry of Land, Infrastructure and Transport 6monthly jeonse fraud victims 548cases recognized, 7month 8day, the ministry said. With this decision, the cumulative number of victims since the enactment of the law is 39,669people, and the government is implementing support programs, including the advance payment of part of auction profits, starting this month.

The Ministry of Land, Infrastructure and Transport 6monthly jeonse fraud victims 548cases recognized, 7month 8day, the ministry said. From an investor’s perspective, the matter expands the scope of administrative measures related to the handling of housing listings.
Last month, the committee held three plenary meetings of the Jeonse Fraud Victim Support Committee and deliberated on a total of 1,409cases.
As a result of the resolutions, 548cases were designated as victim cases.
548cases involved 505were new applications, and 43were additionally identified as victims through objections to existing decisions.
Of the remaining 861cases, 458were rejected because they did not meet the requirements for victim status.
207cases were excluded from eligibility because the full deposit could be returned through guarantee insurance or other means, while 196cases were dismissed during the objection review for failing to meet the requirements.
Since the enactment of the law, the cumulative number of victims has been recorded at a total of 39,669people.
The committee decided on 1,201requests for cooperation on emergency deferrals of auctions and public sales, and a total of 68,415support measures were carried out through housing, financial, and legal procedures.
The Korea Land and Housing Corporation purchased 30victim-occupied homes through the 9,707of last month. Starting this month, a plan will be implemented to make advance payments to victims of jointly collateralized properties for part of the auction proceeds.
Victims of jeonse fraud may apply for a victim determination to the city or province with jurisdiction over their residence, and once the determination is made, they can receive guidance on support at the Korea Housing & Urban Guarantee Corporation Jeonse Damage Support Center (in person or by phone) and at its branches.