Won Hee-ryong: "Tip-off on High-Ranking Politician Involved in Architect King Jeonse Fraud... Special Investigation Underway"

'Architect King' Jeonse Fraud Leads 3 People to Extreme Choices

Won Hee-ryong, Minister of Land, Infrastructure and Transport, said on the 20th regarding the Incheon Michuhol-gu villa ‘Geonchukwang’ jeonse fraud case, in which three people have so far taken extreme measures, "We have received reports that high-ranking politicians exerted solicitations and pressure," adding, "Because there are such reports, I understand that a special investigation is currently underway."

Minister of Land, Infrastructure and Transport Won Hee-ryong is speaking at the ruling party-government meeting on the eradication of jeonse fraud and victim support held at the National Assembly on the 20th. Photo by Kim Hyun-min kimhyun81@

Minister Won made this remark during the plenary session of the National Assembly Land, Infrastructure and Transport Committee in response to a question from Park Jeong-ha of the People Power Party, who asked, "There are rumors that influential politicians were involved in the jeonse fraud case."

Minister Won said, "The so-called fraud perpetrator Nam, known as ‘Geonchukwang,’ actually conducted investment projects in other regions, and during that process, there have been reports that high-ranking politicians exerted solicitations and pressure. Because of these reports, I understand that a special investigation is underway."

Minister Won added, "I have officially requested this morning for a prompt special investigation into reasonable suspicions of greater crimes that may have occurred during the process of local financial institutions, involved real estate agents and appraisers, and later, the appointment of lawyers and the embezzlement of assets through family members."

Earlier, the People Power Party raised suspicions that a prominent Democratic Party politician was behind Nam, the so-called Geonchukwang. On the same day, Park Dae-chul, the policy chief of the People Power Party, said, "We have requested a special investigation by the National Police Agency, including the background of Nam, who is suspected of involvement by a prominent Incheon politician, hiring a luxurious legal team."

When the opposition party criticized the government’s response as insufficient, Minister Won said, "I think there should be at least some conscience," adding, "I believe reflection is needed starting from when the causes of the jeonse fraud were created."

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