A defendant shall be punished by imprisonment for not less than two years and six months.

Punishment of the crime

209 Highest 1250

1. The fraud defendant is an anonymous association planning director under the mutual name of "C established under the pretext of investing in the development project of electrical bicycles and electric scooters", who has overall control over business planning and the management of investment funds, and D is a person in charge of the management of investment funds, and E is an investor and a person in charge of the collection of investment funds.

On August 5, 2008, the Defendant displayed electric bicycles and electrical scoos' prototypes at the office of the United States of the United States of the United States of the United States of the United States of America, and falsely stated that “When investing in H that produces electric bicycles and electric scoos in the North Korean Kim Jong-si G, high profits will be guaranteed. If investing KRW 100,000,000 in raising funds by an anonymous association, 130,000 won per week shall be paid 130,000 won per week for every ten weeks, and if re-investment in investment funds and revenues, 150 percent of the investment amount will be guaranteed.”

However, at the time, the Defendant did not enter into an investment agreement with the limited company that tried to produce electric bicycles and electric scooters, and since the electric bicycle and electric scooters production factory of the limited company H is not completed, it is difficult to invest the collected investment money in the above company and guarantee high profit within a short period. Ultimately, it is inevitable to take a method of paying the principal and interest of investment to the existing investors by using the investment funds recruited from subordinated investors, and there was no intention or ability to pay the agreed principal and interest of investment to investors such as the above F.

Nevertheless, Defendant D and E conspired with the above F and received KRW 1.8 million from the above F on July 7, 2008, around November 14, 2008, in collusion with the above F and received KRW 1.8 million from the above F in the same manner.