2. In full view of the following circumstances: (a) the Defendant led to confession and reflects on the judgment of the Defendant; (b) the Defendant was punished several times due to the same criminal conduct and the secondary criminal conduct; (c) the amount of the defrauded was a large amount; (d) the Defendant was unable to recover most of the damage; and (e) other circumstances, such as the Defendant’s age, character and conduct, motive, means and consequence of the instant crime, which are conditions for sentencing, such as the circumstances after the crime, are too unreasonable.

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