Lee Seung-gi, feelings on the jeonse deposit dispute... "You don't know unless you've experienced it"

Singer and actor Lee Seung-gi opened up about his feelings amid the conflict over the return of the jeonse deposit. In a video titled ″Hey, Wait a Minute″ uploaded on December 14 to the YouTube channel ’Lee Seung-gi2,’ Lee Seung-gi went house hunting in the Gangnam area of Seoul with the production team ahead of the jeonse contract expiration in December. While talking with the production team, Lee Seung-gi said, ″Real estate is filled with devils because it gathers the wishes of everyone. You have to filter it carefully,″ adding, ″You don’t understand unless you experience it. It makes you think a lot and study a great deal.″ He went on to say that there are too many victims of jeonse fraud who cannot get their deposits back, and that through his own experience, he realized there were many details he had overlooked and should have examined thoroughly. He also pointed out that it is not easy to prove the other party’s actions, purpose, and intent, which are the criteria that distinguish between fraud and simple default in criminal and civil cases. Earlier, Lee Seung-gi moved into a luxury villa in Hannam-dong, Yongsan-gu, Seoul, owned by Cha Ga-won, chairman of Piac Group, after paying a jeonse deposit of 10.5 billion won. It is known that the deposit was made up of 3.2 billion won of Lee Seung-gi’s personal funds and a 7.3 billion won jeonse loan. After the jeonse contract ended in August and the money was not returned, Lee Seung-gi’s side initiated legal action. Recently, they filed a complaint against Chairman Cha on charges including embezzlement under the Act on the Aggravated Punishment of Specific Economic Crimes, claiming that a sophisticated fraud method was used, where a huge loan was obtained from a famous celebrity to sign a high-value contract and then the jeonse deposit was embezzled. On the other hand, Chairman Cha’s side insists that the villa’s occupancy by Lee Seung-gi’s family was a form of in-kind settlement under the name of an exclusive contract deposit. Meanwhile, Chairman Cha was arrested in August on fraud charges involving around 30 billion won.