How common are scams in Korea?

I’m particularly curious about how common property/rental/investment scams are because I seem to disproportionately often hear about them in Korea. Mostly people not getting their deposits back or investing in something where the person just disappears with the money.

Where I’m from there are ofc also scams, but it feels like it’s mostly the type where criminal orgs might be involved like voice phishing.

I feel like in Korea it’s more so property/rental or investment related stuff, often done by people you are connected/related to or at least have personally interacted with.

What’s your impression of scams and frauds in Korea?

submitted by /u/snbdr
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