The Seoul High Court sentenced Seo, in his 40s, to 20 years in prison on charges of fraud and other charges under the Specific Economic Crimes Aggravated Punishment Act.
The first trial was 20 years and 10 months in prison, but it was partially reduced.
The court explained that the crime method was very poor, such as short-term rental of houses under the name of the Korea Housing & Land Corporation, LH, and allowing some victims to move in.
However, it was judged that there is room for the accomplices to recruit a large number of victims for the purpose of commission and that the damage has increased.Mr.
Seo is accused of impersonating an LH investment attraction advisor for about a year from April 2021 and deceiving him that he could receive a special supply of apartments in Gangnam, Seoul for 700 million won.
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