Taeyeon Suspected of Defrauding 1.1 Billion Companies by Real Estate Project Case | SNSD | Epoch Times

[Epoch Times October 28, 2021](Epoch Times reporter Zeng Weixin compiled a report) Today (28th) morning, Korean media reported that South Korean girl group Girls’ Generation captain Tae Yeon became about 250 billion won (about NT dollars) One of the victims of the 6.47 billion (US$230 million) real estate fraud case was defrauded of 1.1 billion won (approximately NT$28.47 million/US$1.014 million). In this regard, Taeyeon’s agency SM Entertainment only briefly stated that “the company has difficulty in grasping issues related to the personal assets of artists”.

The Korean media “YTN” first reported that a well-known Hallyu star belonging to a women’s group was scammed by a project of about 250 billion won in real estate. Then “10Asia” reported that the scammed star was the captain of Girls’ Generation Tae Yeon. .

According to the report, the land in Henan City, Gyeonggi Province, under the name of Taeyeon, was purchased by a large-scale real estate group for 400 million won (approximately NT$10.35 million / 369,000 US dollars), and it was sold at 1.1 billion won for the first time in three months. Won (approximately NT$28.47 million / US$1.014 million) for sale. The land purchased by Taeyeon’s father in the name of Taeyeon was designated for development only for military or public facilities and not for use under the Forest Protection Law.

After the police discovered that the planned real estate group had divided the undeveloped land into small pieces, they lied about undisclosed development information and sold the land to more than 3,000 people. The company also shoots TV commercials under the 20-year tradition to avoid suspicion, and hires well-known comedians as salespersons to attract wealthy investors.

In response, the police had filed an investigation on the heads of the four related companies of the group in July on suspicion of violating the Specific Economic Crime Law, Fraud and Agricultural Land Management Law, and SM Entertainment, a brokerage company owned by Taiyan It only shows that “the company is difficult to grasp the issues related to the artist’s personal assets.”

Editor in charge: Liang Mengzhu