After reports of her being one of the victims of a real estate scam, Taeyeon took to her social media to personally address the issue.
Keep on reading to know more.
Girls' Generation Taeyeon Revealed to be a Victim of Real Estate Scam
In the morning of October 28, KST, media outlet YTN reported that approximately 3,000 people had been deceived into buying property using false information by a real estate investment company.
According to the report, the real estate company had deluded victims into thinking that the land the company was selling could be developed on when in truth, the land is protected under the Forest Protection Act as a forest conservation area.
A total of 250 billion won (around $214 million USD) was amounted to have been the damages suffered by the victims.
YTN also reported that a famous comedienne, who began her career at KBS, acted as the real estate company's salesperson and had actively recruited wealthy people to invest in the land. While one of their victims was a famous girl group member, who was later found to be Girls' Generation's Taeyeon. The comedienne is also found to be Ahn Soo Mi.
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Reports say that Taeyeon had bought the land from a large real estate investment company back in 2019, with the company buying the land for 400 million won (around $341,700) and selling it to Taeyeon for 1.1 billion won (around $939,500) after three months.
A former employee of the real estate company also said that their co-worker from another department was an acquaintance of Taeyeon's father, and later bought the land under Taeyeon's name.
Following the reports, Ahn Soo Mi stated that she was working as a freelancer in real estate and that she had never met Taeyeon nor convinced wealthy people to buy anything, adding that she would be taking legal action.
Girls' Generation Taeyeon Personally Addresses Reports of Her Being a Victim of a Real Estate Scam
Hours after the reports, Taeyeon took to her social media to personally address the situation and asked people to refrain from coming to conclusions.
On her Instagram Stories, Taeyeon stated:
"I have lived away from my family since I was young, so it was my wish for the rest of my life to have a home for my family in a place where we could meet more often that's close to where I work and live, and it was my dream to create a spot just for my family. With the consent of my family, my parents saw the place with their own eyes and made the decision with the same dream as I have. I am posting this because it seems that the purpose is being reflected differently from what I intended. Please refrain from misunderstandings, guesses, and speculations. We have been unilaterally informed of the situation, so we are waiting for it to play out. It upsets me that I have to speak about these thing, but I am asking people who misunderstood and are viewing it badly to refrain from speculating any more."
On the side, Taeyeon added that she is not the kind of person to do speculative buying, which means to buy an asset in the hopes of its value increasing in the future.
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Written by Robyn Joan