Defendant

A shall be punished by imprisonment with prison labor for six months, and the remainder of the judgment.

Punishment of the crime

Defendant

A On September 29, 2010, after having been sentenced to two years of imprisonment with prison labor for fraud, etc. at the Incheon District Court on August 29, 201, the above judgment was finalized on November 10, 201, and on October 17, 2013, the Incheon District Court was sentenced to one year and three months of imprisonment with prison labor for fraud, etc., and is still pending in the appeal court.

Defendant A is the executive company of F in the Nam-gu Incheon Metropolitan Government E and nine parcels, G Co., Ltd. and the actual manager of H Co., Ltd. who is a Si corporation.

In around 195, the F Corporation began to be a site and two lots of land owned by it, but it has repeated the discontinuance and implementation of the construction due to the shortage of the construction fund and repeated the change of the construction project. On September 2007, the F Corporation agreed to resume the construction by receiving an additional investment from M around June 2009 when the construction was discontinued due to financial difficulties, while the Defendant, J, and K acquired the construction project right jointly and continued the construction project from L, etc. on August 2008.

According to the above agreement on March 12, 2010, the Defendant agreed to deliver a certificate of beneficial rights to M, etc. after the trust of the said site and building on the said construction site. Around April 2010, the Defendant concluded an international trust company and the said construction site and building trust agreement with respect to the said construction site and building, and delivered the certificate of beneficial rights worth KRW 4.5 billion to the first-class beneficiary, such as M, and KRW 2.5 billion to L, etc., and the disposal, etc. of the said real estate must conform to the interests of the first-class beneficiary, and if the investment amount is not recovered within the later agreed period, the first-class beneficiary would sell the said real estate by public auction and recover the investment amount.

In addition, in the above F site, the term of superficies of KRW 1.4 billion was set up by 30 billion with maximum maximum debt amount, and superficies of KRW 3.7 billion with respect to the sales remaining amount not paid to B and N, which are the existing business entity, were offered as security the 8th to 11th floor of officetel and the construction cost for red ground construction.