People who used a sham address change to win subscriptions for well-located apartments were caught by police.
The Daegu Metropolitan Police Agency's anti-corruption and economic crime unit said on the 6th that it had sent six people, including A, in their 30s, to the prosecution without detention on charges including violating the Housing Act.
They are accused of transferring their resident registration to places where they did not actually live during an apartment pre-sale in Nam District, Daegu, around Oct. 2024. They allegedly attempted a sham address change to qualify as "members of a household without dwellings," a basic condition for subscription.
Some of them also transferred their parents' registration to their own address as a sham to target a special supply for supporting elderly parents, which carries higher odds of winning.
Police confirmed the sham address changes after a request for investigation from the Ministry of Land, Infrastructure and Transport. Police plan to ensure administrative measures are taken, including restricting move-in eligibility for the apartments and future subscription qualifications.
Police said, "Fraudulent subscriptions are a serious crime that deprives good-faith end users who dream of owning a home of their opportunities and distorts real estate prices."