Young man involved in youth mortgage fraud sentenced to prison = South Korea

On the 15th, the Gwangju District Court in South Korea sentenced Mr. A (21) to six months in prison for being part of a fraud group that filled out false information on youth housing loan application forms. Mr. A poses as a tenant.
100 million yen from the youth housing loan "Mobile Youth Jeonse Loan" for Jeonse (a rental housing system unique to Korea. A large deposit is required at the time of moving in) that I applied for online.
It is said that he received the money (approximately 11.6 million yen) and gave it to the main suspect. This incident was discovered last year when a large-scale Jeonse fraud case called ``Villa King'' attracted public attention.
. A fraud group operating in Gwangju defrauded a total of 1.4 billion won from 2022 to 2023 by creating fictitious rental contracts and applying for Mobile Youth Cheonsae Loans, which have lax screening procedures.
I took it. Police arrested and charged 21 people, including the main perpetrator. Mr. A, who pretended to be a tenant, claimed that he was merely a stooge and that he received no money, but the court said, ``The defendant is a young man's tenant.
He was involved in an organized and premeditated crime that exploited the public loan system for the purpose of stabilizing his family, and he was sentenced to prison for the serious nature of his crime.''