However, as to the Defendants for two years from the date this judgment became final and conclusive.

1. Defendant A is the representative director of E (ju) in charge of performance exhibition planning and events, etc., and Defendant B is the representative director of F, a performance planning company.

Defendant

B, around March 2013, he recommended the victim H, the representative director of (ju)G, who was aware of the public performance planning, to issue a performance guarantee insurance policy equivalent to 100% of the amount of investment in the event of investing the performance cost of “Surlar” as the music of the United Kingdom.

Thus, around April 17, 2013, Defendant B entered into a performance production investment contract with the victim as the above E (State) office located in Seocho-gu Seoul Metropolitan Government Itel 1211, and agreed to divide 50% of the profits by attracting performances if the victim makes an investment of 300 million won, and to issue performance guarantee insurance policy equivalent to 100% of the investment money as a collateral.

On the other hand, Defendant A was well aware of the fact that Defendant B and the victim entered into a performance contract as above from Defendant B, and was well aware of the fact that Defendant A agreed to issue a performance guarantee insurance policy equivalent to 100% of the investment amount on the condition that Defendant B would receive the investment amount from the victim by reading the above contract entered into in E (State) office on April 18, 2013.

However, even if the Defendants received an investment from the victim, they did not have the intention or ability to issue a performance guarantee insurance policy equivalent to 100% of the investment amount.

Nevertheless, Defendant B’s act, as seen above, is to issue a performance guarantee insurance policy equivalent to 100% of the investment amount to the victim. Defendant A also received a report from Defendant B to conclude a contract with the victim in advance. On April 18, 2013, Defendant B issued a performance guarantee insurance policy to the victim.