The defendant is an applicant for compensation, who is an applicant for compensation, of KRW 38,500,00,000.

"2019 Highest 244"

1. On January 9, 2015, the Defendant: (a) false statement in the restaurant located in Seocho-gu Seoul Metropolitan Government Seocho-gu that “The Defendant would pay the victim G revenues equivalent to 8% of the investment principal per month when investing in the automobile parts business and the automobile sales business operated by the Defendant; (b) however, the fact that the business was not likely to have a stable revenue; (c) as the business was conducted with the investment money received from the victim without any particular funds, the Defendant could not have any intention or ability to return the investment principal or to pay the profit as agreed upon; (d) by deceiving the victim; (c) from January 9, 2015 to August 31, 2018, the Defendant acquired KRW 476,468,000 in total from the victim to August 31, 2018.

2. On June 5, 2015, the Defendant: (a) calls to the Victim K to pay the amount equivalent to 8% of the monthly investment principal when investing in the automobile business operated by the Defendant; (b) on the false basis, the Defendant made a false call to the Victim K, and received 18,000,000 won in total from the victim from June 8, 2015 to November 14, 2018, as the investment principal was not known of the occurrence of stable revenues from the business; (c) the fact was in the situation where the business was conducted without any particular funds; and (d) there was no intent or ability to return the investment principal or to pay the profits as agreed upon; and (d) even if the victim was accused of the victim, and then, (c) received the victim’s deception from the victim to the victim from June 8, 2015 to November 14

3. On January 16, 2017, the Defendant’s insurance premium fraud against the Victim L calls to the Victim L, stating that “If the Defendant invests in the automobile business operated by the Defendant, he/she will pay the Defendant a profit equivalent to 8% of the principal of the investment per month.” On November 15, 2018, the Defendant would enter into an insurance contract with the Victim at a low level on the part of the Victim’s insurance premium.