Defendant shall be punished by a fine of KRW 5,000,000.

When the defendant does not pay the above fine, 100,000 won.

Punishment of the crime

On September 22, 2008, the Defendant was sentenced to one year and six months of imprisonment for fraud at the Seoul High Court, and the execution of the sentence was terminated on May 31, 201. On February 6, 2014, the Defendant was sentenced to six months of imprisonment for perjury at the Cheongju District Court, and the judgment became final and conclusive on February 1, 2016.

The defendant would give profits from 20% to 80% of the amount of investment when investing in real estate to investors while operating the G Authorized Broker Office as a real estate broker.

While soliciting investors during the process, from February 9, 2004 to April 23, 2004, the facts charged in the amount of KRW 500 million is stated as KRW 1 billion, but the amount invested by H is recognized as KRW 500,000,000 and the correction is made ex officio as follows.

After receiving a reasonable amount of money as investment, the Defendant was the representative director on March 30, 2004.

J (State) and the above companies were to be sold in lots at KRW 16,00,000 per square year among L commercial buildings to be constructed in the K and 33 lots of Goyang-gu, Goyang-si. However, the above companies entered into a sales contract with the purchaser designated by the defendant to reissue the contract in the name of the executor, and paid 2.580,000,000 won as the down payment to the above companies until April 27, 2004.

However, as the Defendant failed to pay part of the investment money after receiving H, it concluded a sales contract with the content of selling No. 118 of the above commercial building as collateral and agreed to substitute the existing investment money for the sale price, but it still failed to refund the investment money. H requested the Seoul Northern District Court to sell the above commercial building on September 24, 2004, and requested the above three commercial buildings as the preserved right and filed an application for the prohibition of selling the above three commercial buildings with the right to claim the return of the sale price against the Defendant at the same court around October 11, 2004.