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The Financial Supervisory Service judged that the financial company was responsible for the 'Heritage Fund', which was in a situation where it could not recover its investment.

They said they were responsible for providing incorrect information, and decided to return the investment in full.



This is reporter Kim Jung-woo.



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It was in April 2017 that the 'Heritage Fund' first started selling.



This fund invests in the business of buying and repairing old buildings with cultural values, such as monasteries and post offices, far away in Germany.



After remodeling, 480 billion won was collected when they said that they would return the money they earned by selling or selling this house.



But soon a problem arose.



Because the German company that was supposed to be in charge of the business went bankrupt.



Investors who were in a situation to lose all their money protested persistently, and the decision of the Financial Supervisory Service was made in three years.



Since everything went wrong from the beginning, financial companies are to take responsibility and return all their investments.



The German company that said it would do business had no experience in conducting related business, and it was judged that it had already run out of capital before receiving the fund investment.



“There is a possibility that the business itself is a scam,” he said.



[Kim Beom-Jun/Deputy Director of the Financial Supervisory Service: Sales companies recommended investment according to the contents of the proposal with such incorrect information.

In this case, it was judged that it was difficult to properly ask the general investor's principle of self-responsibility.



The Financial Supervisory Service judged that the money should be returned as much as the financial companies misrepresented this information.



[Hong Young-pyo / Representative of Heritage Fund Victims Solidarity: We strongly urge sellers to quickly accept the recommendation of the Financial Supervisory Service without reason.]



Relevant financial companies such as Shinhan and NH Investment & Securities have already paid 50% of the principal to their customers. status.



Regarding this decision, financial companies are in a position to decide after legal review, so the possibility of objection or legal dispute remains.