Incheon Realtor Couple Sued Over Alleged 2 Billion Won Property Investment Fraud

Police in Incheon have opened an investigation after a complaint was filed alleging that a married realtor couple recruited real estate investors and failed to return the promised profits and principal. According to Incheon Michuhol Police Station on the 14th, the couple has been sued on suspicion of fraud and violating the law regulating similar fund-raising activities. The original report’s title cited the pitch, “You can resell homes to migrants,” and described the case as an alleged 2 billion won fraud. As the investigation proceeds, police are expected to verify the damage scale, how funds were raised, and why principal was not returned. Source: mk.co.kr