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“10.5 billion won jeonse (lease) damage”: Lee Seung-gi, “Demons are lurking… you must filter them out carefully”

“10.5 billion won jeonse (lease) damage”: Lee Seung-gi, “Demons are lurking… you must filter them out carefully”

Singer and actor Lee Seung-gi shared his thoughts on the situation of a 10.5 billion won-scale dispute over the return of a jeonse deposit. /Photo=Screenshot from Lee Seung-gi’s YouTube channel
Singer and actor Lee Seung-gi shared his thoughts on the situation of a 10.5 billion won-scale dispute over the return of a jeonse deposit. /Photo=Screenshot from Lee Seung-gi’s YouTube channel

Singer and actor Lee Seung-gi shared his thoughts on the situation of a 10.5 billion won-scale dispute over the return of a jeonse deposit.

On the 14th, a video titled “Hey, over there, no wait, hold on” was released on the YouTube channel “Lee Seung-gi2.”

In the video, Lee Seung-gi toured housing properties in the Seoul Gangnam area with production staff whose jeonse contracts are set to expire this December.

Lee Seung-gi stated, “Isn’t real estate people’s ultimate goal? Since everyone’s aspirations converge there, demons are lurking. You have to filter them out carefully. You don’t know until you experience it yourself. It makes you think a lot and study extensively.”

He continued, “I have so much I want to say that my head is in a mess. In our society, many people suffer damages from not getting their deposits back due to jeonse fraud. Through experiencing this directly this time, I realized there are many things to check among the matters I had trusted and overlooked.”

He added, “The biggest issue in jeonse fraud is distinguishing between fraud and simple breach of debt, which separates criminal and civil cases. The starting point is the actions and intent at the time of receiving the money; this is the most important part, but it is difficult to prove.”

Lee Seung-gi signed a contract for a luxury villa in Hannam-dong, Seoul Yongsan-gu, owned by Cha Ga-won, chairman of Piak Group, and his wife, with a jeonse deposit of 10.5 billion won in July 2024. After failing to receive the return of the deposit following the contract expiration last August, he took legal action.

"This article was translated using AI and may differ slightly from the original."