The Girls’ Generation members of the Girls’ Group have become a topic of discussion because of real estate fraud.
According to Korean media reports on October 28: Members of the girl group Girls' Generation have recently been caught in the doubts of "experienced real estate fraud". Korean entertainment industry has no information about it. Taeyeon purchased land in Henan, Gyeonggi, in 2019 for 1.1 billion won.
Media reports said that the land purchased by Taeyeon was later confirmed to be a mountainous land that could not be renovated and not a commercial land that can be used for construction. Korean entertainment has no circles to learn that according to the (South Korea) Forest Resources Protection Law, the land purchased by Taeyeon belongs to a "protected area" and cannot be developed.
The large real estate company that "frauded" Taeyeon initially purchased the land for 400 million won, and sold it to Taeyeon for 1.1 billion won in just three months.
As the incident continues to ferment, the police said after investigation that the real estate company sold the land to more than 3,000 people with the lies of "internal news of development planning". 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 public recruitment of funny artists.
To sum up, the real estate company has constituted suspicion of fraud, violation of the Farmland Law, etc. At present, the authorities have investigated the company and its four related subsidiaries.
In response to Taeyeon's real estate fraud, its agency SM Entertainment Company also issued an official position: the company is not clear about the situation regarding the private property of the artist.
