Defendant shall be punished by a fine of two million won.

If the defendant does not pay the above fine, KRW 100,000.

Punishment of the crime

On April 8, 2010, the Defendant became aware of C, an insurance solicitor, and purchased insurance (150,000 won monthly insurance premium) under the Defendant’s name through C around April 8, 2010, and around June 28, 2010, the Defendant subscribed to an insurance (130,000 won per month insurance premium) under the name of Korea Life Insurance Co., Ltd. under the Defendant’s name; and around October 29, 2010, the Defendant subscribed to an insurance (130,000 won per month insurance premium) under the name of the Defendant and the Defendant’s E with Hyundai Marine Fire Insurance Co., Ltd. (50,000 won each month insurance premium, 40,000 won, 50,000 won each month). At the time of the insurance contract under the name of the Defendant and E, the Defendant requested the Defendant to do so on behalf of the Defendant.

As above, the Defendant raised an objection to the purport that he was stolen in the name of each insurance company in order to receive the insurance premium paid upon the lapse of the insurance contract on January 1, 2012 due to the failure to pay the insurance premium any more than KRW 3,100,000, while he paid the insurance premium by means of automatic transfer from his account, and part of it was paid by C (a total of KRW 3,100,000) by means of payment by proxy, and received a refund of KRW 2,808,260 from the Korea Life Insurance Co., Ltd. in relation to the insurance in the name of D on May 3, 2013, and received a refund of KRW 2,197,058 in relation to the insurance in the name of the Defendant.

On September 12, 2013, upon the lapse of the insurance contract, C filed a lawsuit against the Defendant at the Daegu District Court Port Branch Branch on September 12, 2013 to recover KRW 6,00,000,000, which was received according to the insurance coverage record, and thereby, C brought a lawsuit against the Defendant to return the premium he paid to him, and to respond to the lawsuit, the Defendant and E at the Port Branch Police Station on June 11, 2014.