A defendant shall be punished by imprisonment for six years.

The defendant shall be liable for damages of KRW 10,000,000 to the applicant C.

Punishment of the crime

The defendant is the representative director of E Co., Ltd. established for the purpose of software development and services.

"2017 Gohap 337"

1. Violation of the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Fraud);

A. On May 26, 2014, the Defendant, at the foregoing E office located in Seo-gu, Seo-gu, Gwangju on May 26, 2014, divided profits equivalent to 30% of the principal into 12 if he/she has made an investment in the Hp franchise business, and paid the principal for 24 months from 45 days to 12, and returned the investment.

“The victim believed this as “ was remitted KRW 600,000,000 under the pretext of investment, as shown in [Attachment 1] Nos. 1 of the List of Offenses 1 to the victim who believed this.

B. On June 13, 2013, the Defendant, at the above E office located in Seo-gu, Seo-gu, Gwangju, paid the victim J for 20-36% annual profit by dividing the E company into 12 and paying it for 24 months from 45 days to 45 months, and returned the investment cost.

“Along with the receipt of KRW 100,000,000 from the injured party who believed that it was an investment deposit, the amount of KRW 500,000,000 was remitted from that time to January 22, 2015, from that time, as set out in [Attachment 1] List 4, including the receipt of remittance of KRW 100,00,000 as an investment deposit.

(c)

On June 2, 2016, the Defendant, at the foregoing E office located in Seo-gu, Seo-gu, Gwangju, paid 20% annual profits to the victim K for 12 and 24 months after the 45th day after the payment of the investment funds to the E company.

“Along with the table Nos. 21 of Attached Crimes 1, including the receipt of 100,00,000 won from the injured party who believed that it was an investment, the total amount of KRW 900,458,347 was remitted from March 27, 2017 to March 21, 2017.

(d)

On January 6, 2017, the Defendant paid the victim L an monthly profit of KRW 3 million per KRW 100 million to the victim E office located in Gwangju-gu, Seo-gu, Seoul, for 24 months and returned the principal of the investment.

“The phrase “ shall be 50,000......... 50,000 for the purpose of investment from those who believe it.