Real Estate Speculation 'Police Report Center' Begins Operations... Already Received 70 Cases (Comprehensive)

Deployment of 5 Professional Police Officers
Direct Phone Number ☎02-3150-0025

[Asia Economy Reporter Lee Gwan-ju] As the police reporting center began operations on the 15th to receive reports and tips regarding the real estate speculation allegations starting with employees of Korea Land and Housing Corporation (LH), a large number of related tips have been received.

The Government Joint Special Investigation Headquarters announced that it will operate the 'Police Reporting Center' from this day to conduct a thorough investigation into the 3rd New Town speculation allegations and others.

According to the police, a total of 70 reports and tips were received from 9 a.m. to 5 p.m. on the first day of the reporting center's opening. The police plan to review the necessity of investigation and decide whether to initiate preliminary investigations or formal investigations.

The reporting center is headed by a senior superintendent-level officer and staffed by five specialized counseling police officers who handle consultation and reception duties. A direct phone number (02-3150-0025) has also been established for prompt and accurate consultations.

The reporting center's operating hours are weekdays from 9 a.m. to 9 p.m. and Saturdays from 9 a.m. to 6 p.m. The main targets for reporting include ▲ improper use of insider information by public officials or public institution employees ▲ real estate speculation activities ▲ acts disturbing the real estate market, among others.

A police official stated, "We urge citizens to actively report if they suspect real estate speculation."

This content was produced with the assistance of AI translation services.