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

Punishment of the crime

1. Around May 2011, the Defendant borrowed KRW 500,000,00 from the Defendant’s bank account in the name of the Defendant on May 11, 2011, to the Defendant: (a) on lending KRW 30,000 to the Victim B; (b) on the loan; (c) on the loan from a savings bank, etc., he/she would pay a loan directly to the lending company within three months; (d) on the loan from the savings bank, etc.; (e) on the loan; (e) however, at the time of the loan, the Defendant should use most of the revenue due to insurance deposit and living expenses, etc.; and (e) there was no intention or ability to repay the loan even if he/she borrowed money from others. The Defendant was transferred money from the Defendant to the Defendant’s bank account in the name of the Defendant on May 11, 2011. Accordingly, on February 2013, the Defendant was deprived of the victim and received property from the Defendant on the loan of KRW 130,00,00.

However, in fact, the Defendant had no intention or ability to pay the amount of KRW 190 million to the individuals at the time, including the Defendant’s liability to pay the amount of KRW 190 million to the individuals, and the financial institution’s liability to pay the amount of KRW 20 million.

Around August 23, 2013, the Defendant received KRW 15 million from the victim as the borrowed money, including the sum of KRW 5 million in the bank account in the name of the Defendant, and KRW 65 million in the same account around September 6, 2013.

Accordingly, the defendant was given property by deceiving the victim.

3. On February 2014, the accused is an insurance solicitor of the Korean Commercial Bio-resources.

The defendant around February 13, 2014, before E companies in which victims D work in the window C of Changwon-si, and when the victim is admitted as an insurance company's VIP member such as Korean Commercial Life, etc., the insurance company will incur KRW 5 million in terms of project expenses.