A defendant shall be punished by imprisonment for one year.

Punishment of the crime

1. On December 2007, the Defendant, at the D real estate office operated by the Defendant in Songpa-gu Seoul Metropolitan Government around December 2, 2007, may earn a large profit if the Defendant invested the victim E in the land located on the north Gun, because the ground is very high in terms of the new gold business.

The amount of money sold from the loan currently held is investment D. It will return the money and the profits of the investment source before the directors of September 2008.

The phrase “ makes a false statement.”

However, at the time, the Defendant purchased land, buildings, etc. from his family members or branch members in an unreasonable manner, and repaid them with investment proceeds and loans acquired by selling them. During that process, the Defendant had induced investors to make an investment using a business contract in which he sold the money, and used most of the money actually received from the actual victims as the purchase cost of loans in other areas unrelated to the purchase of the money. At the time of borrowing money from the surrounding areas or receiving investments in order to purchase the above lending, the Defendant thought that the Defendant would make a profit by selling the said lending in so-called “the mutual aid bank” manner, and thus, the Defendant did not have any intent or ability to pay the funds and its profits until the date agreed upon by the victim, if it did not carry out any transaction with the above lending as intended by the Defendant.

On December 26, 2007, the Defendant: (a) by deceiving the victim; and (b) received KRW 95 million from the victim, the sales price of the loan sold by the victim under the name of the money for investment.

2. Around May 6, 2008, the Defendant drafted a re-investment certificate to the victim at the above office and purchased land within the area of Gunnsan and Gunnsan under the name of Donsan and Donsan.

The above land.