Elementary School Teacher in Ulsan Active as 'Real Estate Investment Instructor'... Claims "Talent Donation"

Ulsan Metropolitan Office of Education Requests Investigation

Ulsan Metropolitan Office of Education announced on the 22nd that an elementary school teacher in Ulsan was found to have given lectures on a paid real estate lecture site from January to February.
[Image source=Yonhap News]

[Asia Economy Reporter Kim Bong-ju] An elementary school teacher was caught by the city education office for working as a real estate investment instructor on an online paid lecture site.

The Ulsan Metropolitan Office of Education recently revealed that an elementary school teacher, Ms. A (43, female), gave lectures titled "Monthly Rent Rich Class" on a real estate investment lecture site from early January to February this year.

On this site, Ms. A introduced herself as a "working professional monthly rent rich" who earned an estimated profit of 1.2 billion KRW and monthly rent income of 6.7 million KRW within 4 years of real estate investment experience.

She also advertised her lectures with phrases such as "How to become a building owner without my own money (gap investment)" and "I will teach the most efficient side job as a working professional."

Ms. A conducted lectures for about 1,000 students and charged a tuition fee of 250,000 KRW per person.

The site where Ms. A was active is also the place where an employee of the Korea Land and Housing Corporation (LH), who was dismissed on the 11th after being caught while working as a "top instructor" in land auctions, gave lectures.

The Ulsan Metropolitan Office of Education confirmed Ms. A's instructor activities through a report to the National Sinmungo and launched an audit.

It was investigated that Ms. A, as a public official who is not allowed to engage in profit-making activities, worked as an instructor without reporting concurrent employment.

During the audit, Ms. A admitted that she did not report concurrent employment but claimed that the lectures were given free of charge as a form of talent donation.

The city education office requested a police investigation to verify whether Ms. A engaged in profit-making activities.

It is reported that Ms. A has entered a one-year study leave starting this month and is currently not attending school.

The education office stated, "If Ms. A did not report concurrent employment and actually engaged in profit-making activities, it could be subject to severe disciplinary action," adding, "The level of discipline will be determined once the investigation results are out."

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