New Law Guarantees at Least One-Third of Deposits for Jeonse Fraud Victims

A new relief bill has officially passed the National Assembly to support victims of the widespread jeonse rental scam. The legislation ensures that victims can recover at least one-third of their lost deposits through legal guarantees. This move establishes a much-needed financial safety net for those who were previously left with no recourse. While the law marks a significant step forward, the exact timeline and distribution methods remain to be seen as the government prepares for implementation.