A defendant shall be punished by imprisonment for not less than one year and six months.

Punishment of the crime

On August 19, 2011, the Defendant is a dump truck article with the same kind of force that was sentenced to a suspended sentence of one year for criminal fraud in the District Court for criminal fraud.

The Defendant received a loan under the pretext of purchasing high-priced cargo vehicles, but did not have an intention or ability to repay the loan normally, and intended to transfer the mortgaged vehicle to another person. The Defendant was willing to acquire the loan with a view to continuously receiving the loan while paying the installment of the borrowed vehicle temporarily and paying it to the secured vehicle.

1. On May 11, 2012, the Defendant, at the office “D” located in Yeongdeungpo-gu Seoul Metropolitan Government C Building 301, obtained a loan of KRW 60,000,000 from the Defendant, as security, if the Defendant borrowed the above vehicle in the same condition as “the loan period of KRW 36 months, the loan interest rate of KRW 19.9% per annum, and the monthly equal repayment of the principal and interest,” and acquired the loan of KRW 60,000,00,000, as if the loan was performed normally.

2. On May 22, 2012, the Defendant, at the office of “G Loan Co., Ltd.” located in the Yeonsu-gu Incheon Building 1, 402, the Defendant: (a) purchased a vehicle of KRW 60 million for the vehicle of KRW 36 months, interest on loans, KRW 19.9% per year; and principal and interest repayment each month; and (b) acquired a false letter of “Agreement to Messsssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss

3. On June 5, 2012, the Defendant, at the office described in the foregoing paragraph (1) on June 5, 2012, at the name-in-charged employee of the Victim Capital Co., Ltd., the market price of KRW 67 million.