A defendant shall be punished by imprisonment for two years.

The defendant, who is an applicant for compensation, shall be 19 million won or more, for fraud and embezzlement.

Criminal facts

From August 2009, the Defendant had been willing to acquire money from 150,000,000 won as the size of the debt borrowed from friendly relatives, etc. for the purpose of investing in the processed investment product against the elderly.

The Defendant, who is an investment finance company in the Daegu Suwon-gu G, issued to the victims a printed name as if he were the full-time employee, by deceiving victims as if he were working as the deputy head in H Securities. However, the Defendant was an employee under contract with the said investment finance company and receiving fees.

1. Fraud against victim F;

A. On January 2012, the Defendant sent a phone call to the victim F, who is the wife of the same high school as the Defendant and the I, the motive for the university, and made a false statement to the effect that “The five-year accommodation and its denial are well known to the president of the business entity called J. J. When investing KRW 56 million in J, the Defendant would be paid KRW 6,160,00,000, the principal and interest of KRW 11% (i.e., 11% interest until the end of April 2012. The investment product can be punished up to ten times the principal if it is well.”

However, there was no such investment product, and the defendant thought that he/she would repay his/her debt he/she had borrowed the above money, so he/she did not have any intention or ability to return interest or principal as above to the victim.

As above, the Defendant was issued a cashier’s check at a coffee shop in which the trade name in Daegu-gu is unknown on January 5, 2012, by deceiving the victim, and the Defendant received KRW 56 million from the victim.

B. On March 9, 2012, the Defendant: (a) made a false statement to the victim by telephone stating that “I will make an investment under J. stable goods; (b) any loss would have been paid with interest at 10% and with principal in two weeks; and (c) received KRW 30 million from the victim immediately from the victim to the Defendant’s Cit Bank Account (K) account.

C. The Defendant, on March 16, 2012, posted a phone call to the victim, thereby making more investments to the J.

D. D., as the fund is, D.D.