President Lee Repeatedly Warns of “Preemptive Voluntary Repayment” Regarding “Home Purchases with Business Loans”

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President Lee repeatedly warns of preemptive voluntary repayment of business loans used for home purchases, also mentioning the possibility of criminal punishment and tax investigations. On the 21st, President Lee Jae-myung repeatedly urged individuals to voluntarily repay business loans before facing disadvantages such as criminal penalties, targeting cases of misuse for purposes other than purchasing housing.

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President Lee Jae-myung reiterated a message of warning, stating that cases of misappropriating funds such as business loans for real estate purchases are on the rise. On social media today (the 21st), President Lee stated, “Criminal punishment for fraud, tax investigations by the National Tax Service, and forced loan recovery.