2. The judgment is based on the following facts: (a) the Defendant made a confession of the offense while committing the offense; (b) the total defrauded amount is about KRW 100,000,000; and (c) the Defendant did not agree with the victims; (d) five times a crime of fraud; and (e) six times a crime of property damage; and (e) the Defendant committed the instant crime during the repeated offense period due to the fraud.

In full view of the above sentencing factors, considering the Defendant’s age, family relation, economic situation, background and motive leading to the crime, and all other matters regarding the sentencing specified in the records and arguments in this case, the judgment below’s punishment is deemed appropriate, and the Defendant’s assertion is without merit.

3. In conclusion, the defendant's appeal is dismissed in accordance with Article 364 (4) of the Criminal Procedure Act since it is without merit. It is so decided as per Disposition.