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

The defendant pays 202,750,000 won to the applicant for compensation by deceit.

3.2

Punishment of the crime

The Defendant, at the time, only paid only part of the sales contract and part of the intermediate payment for the construction of a new apartment house in the Young-dong E-dong, Chungcheongnam-gu, Chungcheongnam-gu, Chungcheongnam-gu, in which the remainder of land and the design cost were not paid, was formulated to cover only the investment funds received from investors, and there was no other fund mobilization plan, and there was no other fund mobilization plan, and a considerable portion of the investment funds received from the investors was used as a high interest payment for the preferred investors. In particular, around July 30, 2001, the application for the approval for the housing construction project plan was rejected by the Young-gu Office and gave up the project implementation. Therefore, even if an investor borrowed money from the investor, there was no ability to pay high interest and principal.

【2013 Highest 170, on April 9, 2001, the Defendant, at the office of G Co., Ltd. operated by the Defendant located in Gangnam-gu Seoul, Seoul, on the first and second day of April 2001, borrowed money from the victim D, notwithstanding that the Defendant did not have the ability to pay the interest and principal of the high rate, the Defendant was trying to construct 80 apartment houses in one unit of the land E in Chungcheongnam-gu, Chungcheongnam-gu, Chungcheongnam-do. In short, the Defendant received KRW 150,000 from the victim and received KRW 60,000,000 from the victim around April 9, 2001 to August 19, 2001.

【2013 Highest 3058】 The Defendant did not have the ability to pay the interest and principal even if he borrowed money from the victim H, at the above office of the Defendant’s company in February 2001, which was operated by the Defendant.