2. It is recognized that the defendant made a confession and reflects the crime of this case for the first time in the judgment of the court, that the defendant has no criminal record of the same kind, and that part of the defendant has been repaid to E.

However, in full view of all the conditions of sentencing including the circumstances leading to the instant crime, the details of deception, the Defendant’s age, character and conduct, environment, etc., as well as the fact that the amount of defraudation caused by the instant crime is very large, and that it was not agreed with the victims up to the trial of the court below, the lower court’s punishment is 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.