A defendant shall be punished by imprisonment for one year.

Punishment of the crime

On August 27, 2010, the Defendant was sentenced to two years by the Seoul Eastern District Court for a violation of the Act on the Aggravated Punishment, etc. of Specific Crimes. In Seongdong-gu District Court, the Defendant was released on November 30, 201, and the parole period passed on March 8, 2012 during the execution of the sentence.

In order to stabilize the housing of homeless workers, the Ministry of Land, Infrastructure and Transport operates a housing lease loan system with the National Housing Fund as a source of funds to lend the employee deposit funds at a rate lower than the market interest rate without securing the said funds.

Accordingly, the Defendant, C, and D decided that the financial institution entrusted with the business related to the loan of the house leasing loan for the above employee would submit false documents related to employment and the house leasing contract to obtain the loan through a formal examination, and divided the loan. The Defendant would play a role as a false tenant, D would play a false role as a false lessor, and C would play a role in creating various documents necessary for the above loan.

On September 5, 2013, the Defendant: (a) entered into a contract with the lessor’s agent E on September 3, 2013 to provide a deposit of KRW 140 million; and (b) entered into a contract with the lessee’s agent E to lease KRW 1610,100 and KRW 107 for two years; (c) the Defendant entered into a loan with the National Housing Fund loan of KRW 100,000 in Seoul Special Metropolitan City, Nowon-gu, Seoul Special Metropolitan City; and (d) submitted a false loan contract with D and a false certificate of employment of the G company entered into with D on September 3, 2013.

However, in fact, the Defendant did not actually conclude a lease contract with D with respect to the above F apartment 1610 Dong 107, but did not have worked in G companies. Therefore, even if the above loan was granted, the Defendant used the loan as a lease deposit.