Defendants shall be punished by imprisonment for ten months.

Punishment of the crime

[criminal record] Defendant A was sentenced to three years of imprisonment on December 8, 2016 by the Incheon District Court for embezzlement, etc., and was sentenced to dismissal by the Seoul High Court on September 19, 2017, and currently is pending in the final appeal. Defendant B was sentenced to two years of imprisonment for occupational embezzlement, etc. by the Seoul High Court on September 19, 2017 and is currently pending in the final appeal.

[2] The Defendants are the representatives of Jung-gu Incheon Metropolitan City E buildings and F Co., Ltd. located in the non-dong 705 (hereinafter “F”) established around January 200 for the purpose of transportation brokerage, loading and unloading agency, logistics storage, etc. including steel materials, and Defendant B is the management department of the LAF, and Defendant B is the general manager of steel materials storage and shipment.

When the owners of steel materials import, processing, and wholesale companies import steel materials from abroad and request them to enter into the partnership fund, the Defendants, through the loading company, such as “G”, “H”, and “Korea Transport Corporation” imported by the owners of the steel in the cargo ship entering into the Incheon port, and transported the steel materials into three storages and stored in three storages of the margin fund, but, upon receiving the request of shippers, transported the subject materials, etc. until the shipment notice, and operated the partnership fund by receiving loading and unloading expenses, transportation expenses, etc. from the shippers (expenses transported from the wharf to the FS warehouse), bonded warehouse storage and management expenses, and transportation expenses from the bonded warehouse to the notice of shipment.

Defendant

A became aware of the fact that logistics inventory, which was in the custody of the LAF, was not in excess of 3,000 tons (based on the transaction price at the time) in the commission of the LAF. Since then, the defendant directly raised funds and purchased materials and traded with the owner of the goods through the method of selling them. However, since around 2013, the shortage of stock increased and the shortage of stock increased and the shortage of stock did not reach it. Since around 2014, the KAF was to arbitrarily dispose of steel materials which were in the custody entrusted by the owner of the goods, and thereby to the LAF.