2969 Rental Fraud Victim Houses in Incheon, 84% in Michuhol-gu... 35% Eligible for Priority Compensation

It was revealed that the number of rental fraud victim houses recently occurring in Incheon reached 3,000, with 84% of them concentrated in Michuhol-gu.

According to Incheon City on the 9th, a joint investigation with frontline autonomous districts over two months on the actual condition of rental fraud victims found that three individuals, known as the so-called 'Construction King,' 'Villa King' (deceased), and 'Young Villa King' (deceased), owned a total of 2,969 houses in Incheon.

Among these, 2,484 houses (83.6%) were located in Michuhol-gu, with 177 in Gyeyang-gu, 153 in Namdong-gu, 112 in Bupyeong-gu, 32 in Seo-gu, 4 in Jung-gu, 3 in Yeonsu-gu, 3 in Dong-gu, and 1 in Ganghwa-gun.

The total amount of lease deposit guarantees reported for the 2,969 victim houses reached 230.9 billion KRW.

At the time of the investigation, the status of these victim houses was 1,964 with mortgage registrations, 1,550 under voluntary auction, and 94 sold after voluntary auction. Houses eligible for priority compensation amounted to 1,039 (34.9%), and houses that reported confirmed lease dates were 2,551 (85.9%).

In Michuhol-gu, where the damage was concentrated, the total lease deposit guarantee amount was 200.2 billion KRW, with 1,877 mortgage registrations, 1,531 voluntary auctions, 92 sales, 874 houses eligible for priority compensation, and 2,258 houses reporting confirmed lease dates.

An official from Incheon City stated, "Based on the results of the actual condition survey, we will prepare support measures that provide practical help to victims of rental fraud."

A notice indicating that the apartment is under investigation for a jeonse fraud case is posted on the front door of an apartment in Michuhol-gu, Incheon.
[Photo by Yonhap News]

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