For the reasons indicated in its holding, the lower court convicted the Defendants of the charges.

The judgment below

Examining the reasoning in light of the relevant legal principles and evidence duly admitted, the lower court did not err by exceeding the bounds of the principle of free evaluation of evidence in violation of logical and empirical rules, or by misapprehending the legal doctrine on the establishment of a crime of violating the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Fraud) and a crime of fraud, and

Therefore, all appeals are dismissed. It is so decided as per Disposition by the assent of all participating Justices on the bench.