The girls' generation members of the girl group have become the topic of conversation because of the real estate fraud.
According to a South Korean media report on October 28, the members of the girl's group Girls' Generation have recently fallen into the cloud of suspicion of "encountering real estate fraud". Han Yu did not know that Tae Yeon bought land in Gyeonggi Henan City from a large real estate company for 1.1 billion won in 2019.
According to media reports, the land purchased by Tae-yeon was later confirmed to be a mountainous area that could not be remodeled, and not a commercial land that could be used for construction. Han Yu did not know that according to the "Forest Resources Protection Law" (of South Korea), the land purchased by Tae-yeon is a "protected area" and cannot be developed.
The big property company that "defrauded" Tae Yeon initially bought the land for 400 million won, and then sold it to Tae Yeon for 1.1 billion won in just three months.
At a time when the incident continued to ferment, the police said after an investigation that the real estate company sold the land to more than 3,000 people after dividing the land that could not be used for development, and sold the land to more than 3,000 people with the lie of "internal information on the development plan". In addition, within 20 years of its establishment, the company has also operated a TV advertising business, attracting investors under the name of KBS's open recruitment of funny artists.
In summary, the real estate company has already constituted a suspicion of fraud, etc., violation of the Farmland Law, etc. At present, the authorities have opened a case investigation into the enterprise and the four related subsidiaries.
In response to Tae-yeon's real estate fraud, sm entertainment, its affiliated agency, also issued an official position: on the issue of artists' private property, the company is not clear about the situation.