Homeless young people gathered and fake charter loans ‘eating and running’

More than 150 brokers and brokers were caught

A group of gangs who recruited homeless young people as fake tenants in the metropolitan area, Daejeon, Gyeongju, and Gwangju, and then systematically hijacked the jeonse loans for young people, were caught in droves by the police. The Violent Crime Investigation Unit 1 of the Incheon Metropolitan Police Agency announced on the 29th that it had arrested 14 people, including chief A (34), on charges of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes, and booked 137 people, including a real estate agent, without detention.

According to the police, Mr. A and others are accused of dividing 5 million to 30 million won depending on the role after allowing the fake tenants (youth) recruited by the brokers to receive a ‘homeless youth charter loan’ from October 2021 to April of last year are receiving Mr. A and others first purchased villas without capital under the condition that only the existing jeonse deposit be succeeded. Afterwards, brokers recruited fake young tenants from all over the country and entered into false contracts, and submitted the contracts to the bank to receive a leasehold loan of up to 100 million won. The existing tenants who were already living were left untouched and signed a double fake global contract, and real estate agents participated in these abnormal contracts. It was revealed that 18 licensed real estate agents filled out worldwide contracts for sales that were not even arranged, and received commissions of 200,000 to 400,000 won per case in return.

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The homeless youth jeonse loan is a system guaranteed by the government so that young people aged 19 to 33 can receive a jeonse loan of up to 100 million won. This case is a structure in which the broker, the landlord, and the tenant concoct so-called ‘eating and running’ of the government’s policy loan product, the homeless youth charter loan.

Reporter Han Sang-bong

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