A person shall be punished by imprisonment with prison labor for one year with prison labor for a crime of 1 or 2, and by imprisonment with prison labor for a crime of 3 months with prison labor for a judgment.

Punishment of the crime

[criminal power] On January 12, 2006, the defendant was sentenced to a suspended sentence of 2 years for fraud in order to be sentenced to 8 months of imprisonment for 8 months at the Jung-gu District Court Goyang Branch of the Seoul Central District Court on January 12, 2006, and the judgment was finalized on January 20, 2006. On December 14, 2007, the Seoul Central District Court sentenced 1 year and 6 months of imprisonment for the violation of the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Fraud) at the Seoul Central District Court on April 25, 2008. On September 24, 2008, the judgment was finalized on September 26, 2008 after being sentenced to 10 months of imprisonment for fraud at the Seoul Central District Court on December 18, 2008, which became final and conclusive on October 27, 2010.

1. Around August 9, 2005, the Defendant: (a) around August 9, 2005, the Victim C, “2012 High Class 1999”, the Defendant stated to the effect that “A loaned KRW 100 million to a bond office located in the Gangnam-gu Seoul Metropolitan Government New-dong, would create a security right to two and two parcels of land, the name of this mother E, Seoul, and the building on its ground. Since the said Institute was placed on a monthly basis, not a transfer tax, it does not bear the burden of lease deposit, etc.; (b) the Plaintiff borrowed from a savings bank to a student; (c) the principal shall be paid by November 10 of the same year; and (d) D delivered the said Defendant’s speech to the victim C, the former owner.

However, the Defendant had already been in excess of his/her obligation to repay the loan to a Pak Mutual Savings Bank. The above building was leased with the lease deposit amounting to 2.8 billion won from the students who are the tenants. Since the above savings bank was additionally loaned 1.1 billion won and the mortgage was established, the collateral value of the above real estate was almost little, and even if the victim borrowed the above money from the victim, the intent or ability to repay the principal and interest within three months.