Landlord Who Signed Office-tel Lease Contract Without Ownership Rights Under Police Investigation

[Asia Economy Reporter Yoo Byung-don] The police have launched an investigation into a landlord who signed lease contracts for officetels without ownership rights.

On the 16th, the Seoul Gwanak Police Station announced that they are investigating a man in his 50s, Mr. A, on suspicion of fraud for signing lease contracts on officetels without ownership rights.

According to the police, Mr. A transferred the ownership of the officetel to a real estate trust company in order to secure a loan from a credit cooperative, but he continued to recruit tenants and sign lease contracts as if he still owned the officetel.

Some residents filed a fraud complaint against Mr. A with the police this month, and it is known that a resident couple had also filed a fraud complaint against Mr. A in November last year. The case filed last year was forwarded to the Seoul Central District Prosecutors' Office in February this year.

A police official stated, "It has not yet been determined whether the forwarded case and the newly filed case are similar," adding, "We plan to summon the complainants soon to investigate the details of the case."

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