The defendant is not guilty. The summary of the judgment against the defendant shall be published.

Ⅰ Summary of the facts charged

1. On August 5, 2014, the Defendant purchased the said real estate at KRW 3 billion for each victims or co-owned land and buildings of KRW 17,00,00,000, in the office of the FF Office for the Defendant’s management of the Daegu Suwon-gu E Defendant, Daegu-gu, Inc., a representative of the victim G G, the victim G, the victims or co-owned, and the cost of the real estate transfer

First of all, the repayment of the debt of the right to collateral security established on the real estate with a loan equivalent to KRW 2.5 billion shall be made, and the remainder payment shall be made by selling funeral facilities, medical corporations, pharmacies, hospitals, and neighborhood living facilities until the end of August 2014.

However, since the sale in lots may take place at any time, at the same time, the right to collateral security equivalent to the maximum amount of one billion won of the bonds will be established.

“A false statement” was made.

However, in fact, the Defendant did not intend to bear expenses incurred in the transfer of real estate even if he received ownership transfer from the victims, or to pay the remainder other than the repayment of debts out of the three billion won of the purchase price to the victims. In order to secure the balance of the purchase price, the Defendant did not have any intent or ability to set up a collateral security right equivalent to one billion won of the claim amount of the above real estate in order to secure the remainder

On August 13, 2014, the Defendant: (a) by deceiving the Victim H; (b) obtained on August 13, 2014, the registration of ownership transfer from the said J real estate 17 parcels; and (c) on the same day, obtained loans from the said Daegu Bank of Daegu amounting to KRW 2,393,580,031 out of the said real estate as security; (d) repaid the remainder of KRW 106,419,969 million to the Victim H; and (e) paid the remainder of KRW 500 million or paid the remainder of KRW 106,419,969,00 to the Victim H; and (e) acquired financial benefits equivalent to the said

2. On August 11, 2014, the Defendant is difficult to obtain a loan from the victim H at the above FF corporation office.