Defendant

A Imprisonment with prison labor for one year, and for six months, for each of the defendants B.

However, this decision is delivered to the Defendants.

Punishment of the crime

Defendant A, “2016 Highest 1083,” is a person operating a management consulting firm called “E Federation,” and Defendant B is a person engaged in the business of supplying food materials in a wedding hall.

The Defendants, at the office of Defendant A located in Kimpo-si, around December 23, 2014, planned to receive and operate the victim G with the award of the Iwa Holdings located in the Suwon-si H Center. The aforementioned right to the beauty art business is guaranteed at KRW 200 million during the period of five years and reduced the 10% equity interest in the management of the Holdings. The amount of money is used as the leased deposit in the H Center, which was contracted under B’s name.

“The meaning was the same as “.......”

However, in fact, even if the Defendants received money from the victims without any intention or ability to operate the said center because they did not have any intention or ability to operate the said center by leasing the said center, such as the absence of participation in the bid of the said center, the Defendants had no intention or ability to guarantee the said right to beauty art business of the said center, and the amount received from the victims was intended to use the money as personal expenses, etc., rather than the lease deposit of the said center.

The Defendants were delivered from the injured party the sum of KRW 40 million on the same day, and KRW 90 million on the 31.5 million of the same month to the new bank account in the name of Defendant B.

As a result, the Defendants conspired to deception the victim and received the goods.

Defendant A is the secretary general of the management consulting firm called the “E Federation”. Defendant A is the head of the management consulting firm.

Defendant

A, on April 30, 2015, at the office of Guri-si J 9 (State), the victim made a false statement to L, “A is the secretary general of the E Federation, 12 companies of the wedding hall, which can be newly supplied with food materials within two months if deposit is made, and will return the deposit after one year.”

However, in fact, Defendant A is a person who has bad credit standing and has an obligation equivalent to KRW 800 million from a financial institution and an individual.