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A defendant shall be punished by imprisonment for six months.
Reasons
Punishment of the crime
1. On September 28, 2014, the Defendant: (a) entered into a loan agreement with E (Representative F) Co., Ltd. (hereinafter “F”), stating that “the total amount of loans is KRW 21 million, monthly payments of KRW 582,318, annual interest rate of KRW 14.8%; and KRW 21 million from the damaged company on June 5, 2014; (b) entered into a loan agreement with the victimized company, which is a loan broker in the Da-gu, Ma-gu, Ma-gu, Ma-dong, Ma-dong, Ma-dong, Ma-dong, Ma-dong; and (c) borrowed KRW 21 million from the damaged company. On June 5, 2014, the Defendant placed a mortgage on the bond value of KRW 21 million on the said vehicle owned by the Defendant.
Nevertheless, on September 2014, the Defendant paid 2,984,677 won out of the above loan amount to the Defendant, and did not repay the remainder of the loan amount to the Defendant, and instead sold the said vehicle to the Defendant, who was in an influence of his name, and sold the said vehicle, and transferred the possession thereof, thereby making it impossible to find the location of the said vehicle.
Accordingly, the defendant concealed the defendant's property which was the object of the right of the damaged company and obstructed the exercise of the right of the damaged company.
2. On October 8, 2013, the Defendant: (a) entered into a loan agreement with the J Co., Ltd. (Representative Director K) to provide “17 million won for total loans, 6222,293 won for monthly payments, 18.9% for annual interest rate; and 36 months for the payment period; (b) borrowed KRW 17 million from the victimized Company on October 10, 2013, with the Defendant’s share of 8.5 million won for the above bonds owned by the Defendant to the victimized Company.
Nevertheless, on November 201, 2014, the Defendant offered the above vehicle as security by transferring it to the victimized Company, without repaying only KRW 10,544,144 out of the above loan amount, and instead receiving a loan of KRW 300,000 from the Plaintiff Capital Co., Ltd., Ltd. in excess of 10,544,144 out of the loan amount.