A defendant shall be punished by imprisonment for two years.

Punishment of the crime

From around 2010, the Defendant purchased real estate unsold in lots or sold in lots after purchasing the real estate sold in lots or sold in lots from the surrounding people, and then sold it to distribute profits therefrom, which was prevented from generating profits from investment as the real estate market was not good for the first time in early order of 2013, the Defendant began to operate the investment money with the investment money received from other investors in order to maintain the trust of the existing investors by the method of “losting” in the name of repayment of the investment money and the profits of the existing investors in order to maintain trust. However, even though the circumstances suggest that such circumstances continue to exist, the Defendant continued to make an investment in real estate with the investment principal and the profits agreed upon with the existing investors, the Defendant was willing to receive the remittance of the investment money by making a false statement that it would make an investment in real estate continuously to the existing investors.

1. On December 18, 2013, the Defendant, at the Defendant’s office located in Gangnam-gu Seoul Metropolitan Government, made a false statement to the victim D, stating, “I would like to make an investment and purchase, and then divide profits by selling them within one week after purchasing it, because there is any fright lending in gender south.”

However, as mentioned above, the defendant did not have the intention or ability to invest in real estate even if he has received the remittance of investment funds.

The Defendant deceptioned the victim as above, and received KRW 25,00,000 from the victim’s account on the same day from the victim to June 4, 2014, and received KRW 6,921,00,000 in total from the above date to the above 113 occasions as stated in the crime log (1) by means of the foregoing method, and received KRW 6,763,250,000 from the above 6,763,250 among them as investment money, and acquired KRW 157,750,00,000, which is the difference, as investment principal and revenue return.

2. The Defendant committed a crime against Victim F on April 7, 2014