However, the execution of the above punishment shall be suspended for two years from the date this judgment becomes final and conclusive.

[Criminal Power] On February 21, 2019, the Defendant was sentenced to imprisonment with prison labor for six months for fraud in the Gwangju District Court’s net support, and the said judgment became final and conclusive on March 1, 2019.

【Criminal Facts】

1. On February 17, 2017, the Defendant: (a) at the (ju) C office located in the (ju) Dong-nam-si, the Defendant: (b) “AF is a company run within the city; (c) due to the aggravation of management status, G was awarded a successful bid over land for factory and buildings going beyond auction but actually received a contract in the name of G; (d) the cost of auction extension, attorney fees, etc. are to be repaid within one month if the Defendant lent money to the victim D.”

However, in fact, the above company operated by the defendant was in progress with auction on the company's assets due to the aggravation of financial situation to the degree that it is difficult to pay taxes and repay debts, as well as the payment of wages to employees, and the financial situation of the company was worse. The defendant was not in a bad credit position because he did not repay various personal obligations, including the 33 million won debt borrowed from H around July 2015. Furthermore, the above factory site and building were not awarded under the name of G but the defendant agreed on the method of resale with the successful bidder, and thus, the defendant did not have the ability to repay the money to the victim even if he borrowed money.

As above, the Defendant deceivings the victim, and its deceivings, from February 17, 2017 to the same year from the victim.

3. From the time of July, 17, the Defendant was remitted 7.2 million won in total to the Defendant’s IF account at least four times, as shown in the attached list of crimes.

2. On April 5, 2017, the Defendant: (a) around April 5, 2017, at the place specified in the preceding paragraph, stated “(i) F Auction Articles” to the victim is the actual owner of the goods in question; and (b) if the Defendant invests money in the name of any balance, it would transfer the degree of 50 square meters of the goods at auction

However, as mentioned in the preceding paragraph, the defendant is not only the actual owner of the auction property, but also the auction property due to various debt burden.