The defendant's appeal is dismissed.

1. The sentence of the lower court (four years of imprisonment) against the Defendant on the summary of the grounds of appeal is too unreasonable.

2. It is recognized that the judgment defendant recognized the crime of this case and runs deeply against the defendant.

However, the crime of this case is that the defendant would give a large amount of investment by taking advantage of personal trust relationship.

In full view of the circumstances of the crime of this case, including the fact that the crime was committed by deception and the nature of the crime is not good, 6 times by the defendant without the same criminal record, and the criminal records of this case are very similar to the criminal acts of this case, the majority of the victims and the amount of defraudation also amount to about 726 million won, and the criminal liability is very heavy, the defendant does not have to make efforts to recover damage at all without any agreement with the victims, and there is no evidence to support the sentencing after the decision of the court below, and other various sentencing conditions specified in the arguments of this case, such as the circumstances after the crime of this case, circumstances after the crime of this case, the defendant's age, sexual behavior and environment, etc., the defendant's assertion is without merit.

3. In conclusion, the defendant's appeal is dismissed in accordance with Article 364 (4) of the Criminal Procedure Act on the grounds that the defendant's appeal is without merit. It is so decided as per Disposition.