Around January 2008, the Defendant stated that “The unlisted stocks in which four million won had been invested will soon become capital increase,” and that “the investment of four million won has been made to the victim D at a location near C at the macro-si. Around January 2008, the Defendant stated that “The capital increase will be made, and the investment will be made.”

However, even if the defendant received money from the victim as investment money, he did not have the intent or ability to use it for investment in capital increase with stocks, and he was thought to use it as personal living expenses and multi-level business investment funds of the defendant.

On January 17, 2008, the Defendant, by deceiving the victim as above, received 3 million won from the victim to the Agricultural Cooperative account under the name of the Defendant on January 17, 2008, 30 million won to the same account on January 24, 2008, and 15 million won to the non-permanent account on January 2008, and acquired 48 million won to the non-permanent account on January 2008.

"2016 Highest 973"

1. Crimes against victims E;