A defendant shall be punished by imprisonment for three years.

All applications filed by applicants for compensation shall be dismissed.

Punishment of the crime

"2016 Gohap 181"

1. The Defendant, on March 24, 2014, purchased a large quantity of airline tickets to the victim through H from “G cafeteria” operated by the victim C, located in Busan Southern-gu, Busan-gu, to make profits from 11% of the total sale of the tickets.

When investing in money, 8% of the profits per month shall be paid, and the principal shall be returned at any time if it is at least two months prior to the end of two months.

“A false statement was made to the effect that it was “.”

However, in fact, even if the defendant received money from the injured party as investment money, he was thought to pay it as profit to other investors. In fact, the defendant did not have the intention or ability to make the injured party obtain the agreed profit by investing it in purchase of airline tickets.

As such, the Defendant, by deceiving the victim, received KRW 50 million from the damaged person to the account under the name of the Defendant on the same day, as investment money, and, from around that time to July 1, 2015, acquired the total amount of KRW 168 million through six times, such as the daily list of crimes in attached Table (1).

2. The Defendant violated the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Fraud) at around November 6, 2014 to the victim D through H from the mutual influence point located in the Nam-gu Busan Metropolitan City Seo-dong around November 6, 2014.

When investing in money, 8% of the profits per month shall be paid, and the principal shall be returned at any time if it is at least two months prior to the end of two months.

“A false statement was made to the effect that it was “.”

However, in fact, even if the defendant received money from the injured party as investment money, he was thought to pay it as profit to other investors. In fact, the defendant did not have the intention or ability to make the injured party obtain the agreed profit by investing it in purchase of airline tickets.

The defendant deceivings the victim as such, and receives 50 million won from the victim to the account under the name of the defendant designated by the defendant on the same day.