Taeyeon Suffers 1.1 Billion Won Loss in Real Estate Scam... "Who Would Be Crazy Enough to Speculate?"

Singer Taeyeon

[Asia Economy Reporter Ryu Tae-min] Taeyeon of Girls' Generation is known to be one of the victims of a multi-billion won planned real estate fraud case that occurred in Hanam-si, Gyeonggi-do.

According to the music industry on the 28th, Taeyeon purchased a piece of land in Hanam for 1.1 billion won in 2019. It is reported that Taeyeon's family was recommended the land by an acquaintance and bought it from a company. However, the land was a 'protected mountain area' where development was impossible, resulting in a huge loss.

After this fact became known, Taeyeon explained through her SNS, "Why would I be crazy enough to engage in speculation (tugi)?" and "My wish was to prepare a home for my family, and my dream was to create a spot just for my family."

She continued, "With the consent of my family, my parents personally confirmed with their own eyes and moved and made decisions sharing the same dream as me," and asked, "Please refrain from misunderstandings, guesses, or groundless speculation."

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