Gyeonggi Province calls for 'jeonse' fraud aid to cover foreign victims
As a wave of scams exploiting Korea’s unique “jeonse” rental system has left tens of thousands of tenants at risk, Gyeonggi Provincial Government is urging the central government to extend state assistance to foreign residents who are living in Korea legally, according to officials Monday. Under the jeonse system, tenants pay a large lump-sum deposit to their landlord instead of monthly rent. For…
We haven't written up this one. The Korea Times has the full story — the link below goes straight to it.
