A defendant shall be punished by imprisonment for not less than two years and six months.

The defendant will pay 16,00,000 won to the applicant C with the money obtained by fraud.

Punishment of the crime

"2016 Highest 2834"

1. Defendant and D conspired to obtain money through a real estate investment loan, and D makes a false statement to the victim E (the 20-year-old age-old) in the mutual influence in the trade name on June 8, 2016, stating that “I will make an investment related to land. I will receive 100,000 won per day if the investment is made, I will receive 10,000 won per day, and receive the full repayment of the principal. I will make an investment in real estate, but will make an investment in this case.”

A false statement was made that “The principal will be returned without loss.”

However, the defendant did not participate in real estate investment and did not have any intention or ability to deliver earnings or to return principal even if he/she receives money from the damaged person as investment proceeds.

Defendant

And D, as above, the victim was deceivingd and the victim was the same month from the victim.

9. It has obtained a delivery of KRW 11960,00 as investment money and acquired it by fraud.

2. The defendant's sole criminal conduct;

A. The Defendant, who committed a crime against the Victim F, committed a crime with a view to deceiving real estate investment from the Victim F (F, 20 years old), by borrowing real estate investment from the Victim F (F, 20 years old).

On August 5, 2016, the Defendant may obtain a large profit from selling the Defendant’s apartment at H Sck G, which is located in Pyeongtaek-si G, with “Sck-si, Incheon, an apartment building, such as Incheon, can be enclosed.”

When making an investment, it made a false statement that the principal shall be paid daily and the principal shall be repaid within two months, and that the investment shall be made after receiving a loan.

However, the defendant did not participate in the real estate investment business and did not have any intention or ability to pay profits to the victim or return the principal normally even if he received money from the victim as the source of investment.

Nevertheless, the defendant is worth KRW 6 million on August 5, 2016 from the injured party.