Investment in caravan camping leads to losses
In South Korea, the owner of a well-known land investment company has been referred to prosecutors on fraud charges. He attracted about 30 investors b...
In South Korea, the owner of a well-known land investment company has been referred to prosecutors on fraud charges. He attracted about 30 investors by promising 40% returns from investments in a caravan camping site in South Chungcheong Province, but no caravans were installed on the promised plots. The total confirmed investment amount reached 3 billion won (approximately $2.1 million).