Man sentenced to 12 years in prison on alleged mortgage fraud
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Source: South Korea
Published: 2026-07-27 17:02 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Crime & Justice, Property, South Korea, Law & Courts, Property & Housing, Fraud & Corruption, Crime & Justice
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Snippet:
INCHEON, July 27 (Yonhap) -- A court on Monday sentenced a man to 12 years in prison on charges of fraudulently obtaining more than 8 billion won (US$5.45 million) by tricking a victim into lending the money against a multi-housing unit with zero collateral value.
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