A defendant shall be punished by imprisonment for one year.

Punishment of the crime

The Defendant, who operates a sales store in Jongno-gu Seoul Metropolitan Government “D”, bears approximately KRW 50 million of bank and personal debt, and is required to pay interest thereon every month, and there is no intention or ability to complete payment even if it borrows money from others.

1. On January 18, 2013, the Defendant made a false statement to the effect that “The Defendant would pay interest of KRW 400,000,000 per month to the victim if he/she loans KRW 150 million in cash and KRW 10,000 in the precious metal store for the operation of the Victim F in Jongno-gu Seoul Metropolitan Government.”

The Defendant received 15 million won in cash, and 10 million won in cash, from the injured party on the same day.

2. On July 26, 2013, the Defendant made a false statement to the effect that “The Defendant would pay interest of KRW 200,000 won per month to the said victim if he/she lent KRW 10,000 to the said victim” at the place specified in paragraph (1).

The Defendant received 10 million won from the victim to the national bank account in the name of the Defendant on the same day.

3. On October 21, 2013, the Defendant made a false statement to the effect that “Around October 21, 2013, the Defendant made a phone call to the said victim and lent KRW 100,000,000 won per month to the said victim, while giving 100,000 won interest per month if he/she wishes to recover the principal and return the principal within one month if he/she wishes to do so.”

The Defendant was given KRW 10 million on the same day from the injured party.

4. On November 26, 2013, at the place indicated in paragraph (1) around November 26, 2013, the Defendant made a false statement to the effect that “The Defendant would pay interest of KRW 200,000 won per month if he/she lends money to the victim as he/she urgently needs to do so.”

The Defendant received 15 million won from the injured party on the same day.

5. On December 12, 2013, the Defendant made a false statement to the effect that “If he/she loans KRW 10,000,000 to require money, he/she will use it only one month and repay it together with interest 1,50,000 won,” by making a phone call to the said victim.

The defendant.