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A defendant shall be punished by imprisonment for not less than eight months.
Reasons
Punishment of the crime
1. The term “successful bid” fraud does not set the sequences in advance, and under the responsibility of the fraternity, the person who won the loan, which was set by the highest interest on the given date of the time limit set each month, has been awarded a successful bid, and the person who is responsible for the share of the loan shall be paid, and the interest shall be operated in such a manner that the successful bidder is divided equally.
However, the fraternity shall be automatically awarded the total amount of the fraternity which has not deducted interest.
The Defendant operated a successful bid system for about 10 years for adjoining residents located in the Republic of South and North Korea, and even though some of the members who received a successful bid and received a successful bid, did not pay the money in the amount of the Defendant’s money because they did not pay the money, and the losses incurred therefrom accumulated and sold a house, they did not have the intent or ability to pay the fraternity to the members of the community by consuming all the financial assets that were held by the members of the community. However, the Defendant was able to operate the successful bid system by means of a “fluoring” method by which the pre-successful bid is first awarded and the pre-successful bidder is awarded a successful bid.
The Defendant, around January 19, 2017, recommended the victim C, who was the land, to join the bid price of KRW 6 million and the bid price of KRW 10,000,000,000,000,000,000,000,000 from November 19, 2017, and received the payment of KRW 6,000,000,000 from the victims for a total of 14 times, as shown in the list of crimes in the attached Table, as well as from around that time to July 1, 2018.
2. On July 7, 2017, the Defendant shall pay interest of 2% per month if he/she lends KRW 10 million to the victim D, who is the branch of the loan, and shall repay the principal after three months.
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However, as above, the Defendant was operating the successful bid system in the way of return due to cumulative damage while operating the successful bid system, so even if he borrowed money from the victim, he shall repay it in a short period.