A defendant shall be punished by imprisonment for one year.

Punishment of the crime

around February 25, 2014, the Defendant stated that “The victim C’s logistics warehouse in Kimpo-si, Kimpo-si, Kimpo-si, would purchase 30,000,000 won from a middle medicine to cover 30,000,000 won from the middle medicine to the victim.” The Defendant purchased 10,200,000 won from the middle medicine and entered into the warehouse.”

On February 28, 2014, at around 11:04, the Defendant: (a) received deposit of KRW 10,200,000 from a national bank account in the name of the Defendant’s wife “D” from the victim for the purchase price of the said product; and (b) used the money to transfer the total amount of KRW 9,750,000 to four persons including E, etc. on the same day to repay their personal obligations.

"2014 Highest 2276"

1. On September 27, 2013, the Defendant concluded that “The Defendant purchased 3,300 won per one bank and would benefit from 660 won per bank if sold.” The Defendant purchased 16,500,000 won per bank and remitted 16,50,000 won to I from the bank seller of the bank, and subsequently repaid money.”

However, the defendant did not have the intent or ability to pay money by purchasing the bank and selling it, even if he receives a transfer of the purchase price from the victim.

Nevertheless, the Defendant made a false statement to the victim and caused the victim to receive 16.5 million won from the account under the name of the Defendant’s father via the I’s account on the same day and acquired it by fraud.

2. On November 6, 2013, the Defendant concluded that “In K’s office, the Defendant purchased 6,500 won per each unit of Marade 1,500 won to L to purchase 6,500 won, so that he/she may sell 1,500,000 won to L to repay her money.”

However, in fact, the defendant purchased the panty from the victim.