A defendant shall be punished by imprisonment for a term of one year and two months.

Of the facts charged in the instant case, the fraud was committed around December 2003 against the victim B.

Punishment of the crime

The defendant, as a U.S. national, is a founder of California D (hereinafter referred to as "D") and E (hereinafter referred to as "E") located in California.

The Defendant served as the president of a university in Korea through H who operates a faculty member in the middle-gu Seoul Central District in G with the trade name in G from Jung-gu, Seoul, and entered into a contract for the transfer of D to B by introducing the victim B who wanted to teach the students with his/her university while treating a branch disease in the United States.

1. On February 2, 2004, the Defendant: (a) transported golf equipment to J University located in Jeju in the United States; (b) provided that if the Defendant lent USD 40,900 to J University in terms of expenses incurred in searching the goods, etc., the Defendant would immediately be paid the construction cost at H University.

The Defendant received the Korean won equivalent to USD 40,900 from the victim I who believed this horses.

However, the defendant did not have any intent or ability to pay the victim I money because the D operations are financially difficult.

Accordingly, the defendant acquired the amount equivalent to US$ 4090 from the victim I.

2. Around February 2004, the Defendant: (a) was a golf-centered school with the victim B; (b) taken over and linked with the golf course, could attract more students in Korea; and (c) can get a lot of profits from selling by leaving a house on the lower land of the golf course; and (d) the Defendant’s friendship group wanted to take over the K golf course in California, California, the representative of which is the Defendant’s friendship group, and agreed to do so with the victim B who wanted to develop D as an excellent university and wanting to do so.

On February 9, 2004, the Defendant and the victim B entered into a sales contract with the representative L of K golf course and 4,400,000 US dollars, and the Defendant paid US$ 7500 as the security deposit around that time.

The defendant around April 2004 paid US$100,00 to the victim B a down payment at H's above office.