A defendant shall be punished by imprisonment for six months.

However, the execution of the above punishment shall be suspended for two years from the date of the final judgment.

Punishment of the crime

On March 23, 2015, the Defendant filed with the Seoul Northern District Court a summary order of KRW 3 million as a crime of fraud and is currently pending trial.

The Defendant is the representative of the company operating the company with the mutual name called “(State)C” that exports automobile parts to a foreign country from the Dongdaemun-gu Seoul Building 710, and the amount borrowed from the Korea Credit Guarantee Fund, etc. from August 2013 to the Korea Credit Guarantee Fund, etc. is about KRW 800,000,000,000 as well as KRW 600,000,000,000,000,000,000,000 won or more.

1. On July 19, 2014, the Defendant entered into an agreement with the victim company’s employees to pay KRW 5,365,167 for the following month, including warehouse fees, document expenses, and terminal usage fees, which the victim company first paid, on the part of the victim company, for the export of automobile parts to France, although there was no intent or ability to pay export-related expenses normally. On the part of the State, the Defendant acquired pecuniary benefits equivalent to that amount by allowing the victim company to export the Defendant’s automobile parts overseas at that time.

2. On September 16, 2014, the Defendant entered into a contract with the victim’s employees to pay KRW 2,454,156 of the export agency charges, such as warehouse fees, document expenses, and terminal usage fees, which the victim company first paid, to the following month in spite of no intent or ability to pay export-related expenses normally as above, at the same place as the above “1” (hereinafter “1”), and then, the Defendant acquired pecuniary benefits equivalent to the said amount by allowing the victim company to export the Defendant’s automobile parts overseas at that time. The Defendant around September 19, 2014, around September 19, 2014.