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Government: Online real estate measures are false, investigation requested
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

Government: Online real estate measures are false, investigation requested

From Dong-A Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Official statement Under investigation
  • The South Korean government denied the authenticity of circulated real estate policy measures online.
  • Authorities stated that the circulated content is false and that an investigation is already underway for similar past postings.
  • The government plans to report the current circulation of false information to the police and will take strong action against future incidents.

The South Korean government has officially debunked online rumors regarding comprehensive real estate measures, labeling the circulated information as "groundless." The Ministry of Land, Infrastructure and Transport, the Ministry of Economy and Finance, and the Financial Services Commission issued a joint statement on June 10 urging the public to be cautious of reports circulating on the internet concerning real estate policy.

In their statement, the government explicitly stated that the content being spread online about comprehensive real estate measures is not true. This is not the first instance of such misinformation; the authorities revealed that similar posts were reported in February on grounds of obstructing official duties through fraudulent means. An investigation into those past incidents is currently ongoing.

The real estate comprehensive measures currently circulating on the internet are not true.

โ€” Government Joint StatementDenying the authenticity of circulated online real estate policy measures.

To address the current wave of false information, the government announced its intention to file an additional criminal complaint with the police. They emphasized their commitment to a strong response against any future occurrences of similar false information dissemination. This proactive stance aims to curb the spread of misinformation that could potentially destabilize the real estate market and mislead the public.

We plan to take additional investigative measures for this circulation as well and will respond strongly if similar cases occur in the future.

โ€” Government Joint StatementAnnouncing further action against the spread of false real estate information.
DistantNews Editorial

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.