Defendants are not guilty.

1. Summary of the facts charged

A. Defendant A, such as the party status, served as the representative director of (ju) E established for the purpose of real estate test development, implementation, and sales agency of the Gangnam-gu Seoul DD Building 403, and Defendant B served as the deputy head of the above company development project;

B. Notwithstanding the fact that there is no possibility of a rise in the market price of the F forest located in Seopo-do, which was owned in the name of Jeju-do under the name of Jeju-do, the Defendants decided to acquire money from the victim G by deceiving the victim G that the said forest price would rapidly increase as if the relevant forest area was immediately developed, thereby deceiving the victim G to raise the market price of the said forest area.

On December 29, 2005, the Defendants purchased 2.8 square meters per 3.3 square meter per 3 square meter per 3.3 square meter per 4.3 square meter for the victim of the Gangnam-gu Seoul Metropolitan Government D Building (Seoul Metropolitan Government) in 403 square meters, and the Defendant purchased the KS executives, EBS officers, EBC officers, monthly steering officers, etc., from the 1.3 square meter per 3 square meter, and you will sell the 140,000 square meters per 3 square meter per 3.3 square meter. The Defendants, at the Military Mutual Aid Association, have already determined the construction of a golf course in 2006, and at least two million square meters per 3.3 square meter per 3 square meter per 3 square meter per 3 square meter upon completion of the 2006 Dongbu Tourism road in 208. In the event the agreement on the import business of seedlings was not implemented, the Defendants would have sold the 3.3 square meter per 2.3 million 1.3 million square meter per 2."

However, the above forests and fields were located in a place that does not have any particular impact on the increase in land prices due to the construction of the above golf course or the completion of the construction of the above sub-tourism road, and thus there was no possibility of gaining profits from market prices, even if the above forests and fields are purchased, since they were located in a place that does not have any particular impact on the increase in land prices due to the construction of the above-mentioned golf course or the completion of the above sub-tourism road.