On January 26, 2011, the Defendant was sentenced to one year of imprisonment for fraud at the Incheon District Court, which became final and conclusive on April 22, 2011.

As a representative director of D, the Defendant: (a) received a proposal from N, a vice president of M and the above company, to indicate the payment guarantee letter issued by a financial institution and obtain a normal payment guarantee letter from P to Daejeon; (b) to lend 2.5 billion won; (c) to another person for the cost of seeking for sampling of the payment guarantee letter; (d) the Defendant conspired with M and N to borrow money from another person; and (e) made it difficult for Q, a victim’s bank to obtain KRW 30 million in its capacity to obtain KRW 10,000,000 from the above P to obtain KRW 50,000,000,000,000,000,000,000,000,000 won from the above N to the financial institution; and (e) received KRW 300,000,000 from the victim’s bank as security; and (e) made a false payment guarantee letter from the victim’s bank within the said period of 30 months,00,00,000,00,000 won,0.

Summary of Evidence

1. Defendant's legal statement;

1. Statement made by the police to Q Q;

1. A detailed statement of entry and withdrawal transactions;

1. A previous conviction in judgment: