Defendant shall be punished by imprisonment for a term of one year and six months.

Punishment of the crime

[2013 Highest 2064] The Defendant and C engaged in software development and supply business under the trade name of "E" in 603 of the Dong-gu Seoul Metropolitan City D Building 603 in Goyang-si.

On March 201, the Defendant and C were urged by creditor FF to repay the debt, and the Defendant and C conspired to receive money from the damaged party who requested the return of the investment money from the investor and to use it for the repayment of the debt.

1. At the above E office around May 3, 201, the Defendant and C, together, will pay 70% of its profits by investing in stocks and raw milk futures trading in the victim G with the investment period of KRW 60 million for six months.

“A false representation was made.”

However, the above intent was intended to use personal debt repayment, and thus, there was no intention or ability to pay the agreed investment profits to the victim by investing in stocks and raw milk futures trading.

The Defendant and C conspired to induce the victim as such, and received from the victim, the total sum of KRW 30 million on May 3, 201, and KRW 60 million on May 11, 201, from the victim to the school guarantee account of C, under the pretext of investments.

2. At the above E office around August 31, 201, the Defendant and C, together, will pay 70% of its profits by investing the investment period of KRW 30 million in stocks and raw milk futures trading in the said E office.

“A false representation was made.”

However, the above intent was intended to use personal debt repayment, and thus, there was no intention or ability to pay the agreed investment profits to the victim by investing in stocks and raw milk futures trading.

In collusion with the Defendant and C, the victim was induced by deceiving the victim, and the victim was transferred 30 million won as investment money to C’s national bank account on August 31, 201.

[2014 Highest 1075] Defendant is a person engaged in software development and supply business under the trade name of “E” from the H building 203, Seo-gu, Seoyang-gu, Incheon Metropolitan City.

1. Fraud around November 201.