A defendant shall be punished by imprisonment for not more than ten months.

Punishment of the crime

On February 11, 2011, the Defendant stated, “The Defendant granted interest of KRW 350,000 per month of KRW 10,000 per 10,000,000,000 to the victim C, a middle school dong students, a middle school dong in Jongno-gu, Jongno-gu, Seoul, 809-1, stating, “The Defendant has experienced in getting engaged in credit business for three years at the bottom of the sentence he knows and borrowed money to him.”

However, the Defendant continued to pay fixed interest to the victim even if he received an investment from the victim, or did not have the ability to repay the principal, because the Defendant was engaged in illegal credit business with bad credit standing. Rather, the Defendant was thought to consume the said money by gambling money or cost of living, rather than investing it in the credit business.

Nevertheless, as above, the Defendant, as well as by deceiving the victim, received KRW 17 million from the victim at the seat, and received or remitted KRW 17 million from November 3, 2012 from that time to November 3, 2012, through delivery or remittance of KRW 14 million through 14 times, such as the list of crimes in the attached Form.

Summary of Evidence

1. Defendant's legal statement;

1. C’s legal statement;

1. Each prosecutor's protocol of examination of the accused (including C's statement)

1. Each police statement of C;

1. Application of the details of passbook transactions, details of passbook transactions, and Acts and subordinate statutes on transactions;

1. Article 347 (1) of the Criminal Act applicable to the crime;

1. The defendant denies the intent of the crime of defraudation, but according to the above evidence adopted through legitimate evidence examination, including investigation agencies and legal statements of the victim C, who is reliable, the defendant could not submit the details of lending the money received from the victim, and in addition, the defendant deceivings the victim with the same contents as the facts of the crime even though there is no special property or income, and there is no sufficient capability to pay the interest and principal to the victim.