A defendant shall be punished by imprisonment for not more than ten months.

Punishment of the crime

1. In collusion with F, G, etc., a domestic representative of D (E) companies overseas fund companies, the Defendant decided to attract investments by making an advertisement as if it would raise high profit by investing in various businesses, such as stocks, minerals, real estate, etc. in Asian region in E, by holding an investment explanation meeting.

E In fact, since there is no specific business plan or profit structure, most of the money received from subordinate investors was appropriated for the payment of profits and expenses of superior investors. Since there was no asset or profit-making business to pay high-amount profits to subordinate investors, it is impossible to realize considerable profits within a short time due to the absence of assets or profit-making business, and there was a decrease in the amount of profits paid to subordinate investors, and in such a case, the recruitment of new investors is also suspended, and it has no choice but to suspend the repayment of principal and profit, and even if Defendant et al. received money from the victims under the pretext of investment, there was no intent or ability to pay high-amount profits exceeding the principal.

G Around March 2008, at a general office of the director general of the Cheongsan-gu Office of Fransan-si, the director general of the Cheongsan-si Office of Blsan-si, the victim H, and I, etc., are gathered, and the E’s Internet homepage shows that “E is investing in the Asian region as a company that raises high income by investing in overseas genetic development, stocks, real estate, energy, foreign exchange financing, etc., and pays KRW 2,50,000,000,000,000 won for 100 days.

“Falsely speaking,” and the Defendant deposited money with the Defendant’s bank account, the amount of money deposited by the victims who joined the E website at the fifth floor office of Gangnam-gu Seoul Metropolitan Government Jtel is the same as the amount of money deposited in the E website.