A defendant shall be punished by imprisonment for one year.

Punishment of the crime

The Defendant paid a certain percentage of fees from the F head office to employees who worked in the F store located in Gangnam-gu Seoul Metropolitan Government D E E department stores when profits accrue to the store. In order to receive more fees, the Defendant continued to increase the debt on the wind generating the most outstanding sales in the above store by borrowing money from family, branch, financial institution, etc. to receive more fees, and led to a situation where it is difficult for the Defendant to cope with it. Nevertheless, the Defendant concealed these circumstances and borrowed money to the victims for the same purpose.

1. On April 13, 2012, the criminal defendant against the victim G would pay the victim G with the interest of KRW 2 million per month if he/she lent KRW 30 million to the victim G to operate the F store at the current department store, and to operate the F store in Samsungdong, Gangnam-gu to operate the F store additionally. The principal will be repaid six months after the payment of the interest.

“A false representation was made.”

However, in fact, the Defendant did not have formulated a specific plan or carried out business for the purpose of opening the FModern trading store, such as the victim’s speech, and the money borrowed as above was actually working by the Defendant.

Even if it was planned to use the F Burial for the most sale, it was not notified to the victim, and even if it was possible to pay the maximum amount of debt for the most sale at the time, it was not possible to repay it to the victim even if he borrowed such money from the victim.

The Defendant received 30,000 won check from the injured party, namely, one million won.

2. On July 2, 2012, the Defendant against the victim H would pay the victim H higher interest along with the principal if he/she lent KRW 50 million to the need for the operation fund of the F store currently operated in Jongno-gu Seoul, Jongno-gu, Seoul.

It is expected that money will be lent later.