A defendant shall be punished by imprisonment for two years.

Punishment of the crime

The defendant has lent money to a neighboring person without any special income, and has operated the term number system (the method of paying the money plus the high interest as the order to pay the money according to the order of set) against the person who received interest or against the other person.

The Defendant, from around 2008, operated from around 2008 to around 2008, operated a fraternity by lending money from around 200 persons because some of the members of the fraternity did not pay the fraternity money, and did not receive the money from others for the purpose of receiving interest, and since around 2010, the obligation is accumulated, and the real estate owned by the Defendant did not have any intent or ability to pay the fraternity normally, or to repay the borrowed money in an economic difficult condition, such as where the right to collateral security is established and no special property is available.

Nevertheless, in order to continue to maintain the system and pay his/her debts and interest, the Defendant was living in Singapore and operated normally with the victim C, etc. who is well aware of domestic circumstances, and was able to borrow the money from around the loan to receive interest at 2-4% per month, with a false statement as if he/she could receive interest from the victim again, and he/she was able to use the money in the manner of “free payment” by receiving money from the victims under the pretext of payment or borrowing of money from the victims.

1. Fraud against the victim C;

A. The Defendant, on April 2010, by telephone, will in turn pay to the victim located in Singapore an amount of KRW 2,50,000,000 for monthly payment, KRW 21,000 for old accounts, KRW 50,000 for old accounts, and KRW 50,000 for old accounts.

“A false statement, but there was no intention or ability to pay the said fraternity.”

The defendant deceivings the victim and is under his control.