Meaning of "Geoma University student"
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This is a collective term used to describe college students who live in communal housing in certain areas of Seoul (such as the Geoyeo and Machon districts) and are drawn into unfair business practices like multi-level marketing and fraudulent schemes.
"The issue of Geoma University students, as reported in the media, went beyond mere "group living" and led to an incident that exposed a system of exploitation."
Related slang words
Buy ItemsThis refers to a scam in which a person pretends to sell rare items in online games or similar platforms, receives payment, but then fails to deliver the items.DormitoryThis is a facility where people live together in isolation from the outside world and engage in repetitive educational and training activities.Boxing ScamThis is a form of market manipulation in which the price of a specific stock is kept fluctuating within a narrow range to create the expectation of profits based on that trend, thereby attracting retail investors and ultimately offloading the stock onto them.SponsorA person or organization that supports an activity or organization by providing funding or infrastructure to help it achieve its goalsCurrency exchange scamThis is a scam in which the perpetrator deceives victims by promising to exchange in-game currency or points for cash, then demands a fee upfront, only to disappear or cut off contact without actually making the exchange.Royalty incomeThis is a form of commission-based income generated by receiving a certain percentage of the profits derived from the sales (revenue) of subordinate team members, even without engaging in direct labor or sales activities; it is typically received in the form of a pension or regular payments.Exit 10 at Seolleung StationThis term refers to "Exit 10" at Seolleung Station, a specific subway station. It is known as a former gathering place where multi-level marketing and fraudulent sales organizations used to lure new recruits, and has since come to be used metaphorically to describe similar fraudulent or solicitation schemes.Leaked picksA scam in which the results of illegal gambling sites—such as winning records and return rates—are extracted or manipulated in advance and then presented as genuine to trick victims into investing money