A defendant shall be punished by imprisonment for six months.

Punishment of the crime

The Defendant is a person who actually operates G Co., Ltd. established on October 23, 2007 for the purpose of auction, public sale, investment consulting business, etc. of real estate on the second floor of the F building in Busan-gu, Busan-do, and (State) I operating a real estate portal site.

1. On February 4, 2007, when using the actual name after being released from the Busan prison on February 4, 2007, the Defendant: (a) informed the victim JM of his criminal history and the past, and (b) through the so-called “Real Estate Real Time Auction Course” (hereinafter “Real Estate Real Time Auction Course”); (c) At the G Seoul office located in the second floor of the Seocho-gu Seoul Seocho-gu Seoul Metropolitan Government Seoul Metropolitan Government Office, the Defendant invited a large number of unspecified persons to attract investment; and (d) on November 21, 2012, the Defendant would receive real estate and movable property at a low price through an auction from the court, and would sell them at a low price; (e) make a false investment in the profits accrued from investment in the public auction if the auction is delayed.”

However, in fact, G’s 20 real estate acquired from 2007 to 2012 and earned profits from the real estate 20 real estate investment is limited to Qumo 1, which is in the city of Chungcheongnam Namsan, and sales do not exceed approximately KRW 370 million, which is composed of rent revenue or real estate consulting revenue (as of the fiscal year in 2012), and it is operating so-called a so-called system to prevent the return of high profits promised to many and unspecified persons, such as recording the current net losses in an amount equivalent to KRW 100 million each year (as of the fiscal year in 2012).

On November 27, 2012, the Defendant, by deceiving the victim as such, received 50 million won from the victim to the account in the G name and acquired by defrauded.

2. On January 8, 2013, the Defendant for fraud against the victim JR is a real estate investment advisory and brokerage business.