A defendant shall be punished by imprisonment for one year.

Punishment of the crime

On November 11, 2015, the Defendant was sentenced to imprisonment with prison labor for a crime of fraud at the Changwon District Court Msan Branch on ten months, and the said judgment became final and conclusive on February 12, 2016.

[2015 high group 1053] Defendant 1 became aware of the victim C at a dance club. At the time, Defendant introduced himself as a asset manager belonging to PCA in order to reach a growing degree of loss due to continuous option investment failure, and used the money for living expenses and personal investment for the victim as if he managed the money in PCA.

On September 5, 2013, the Defendant would give the victim a management of the money to the asset manager who attends the PCA's life.

“In order to make a false statement as “A” while preparing a beneficiary certificate investment contract, and showing a false investment report, it shall be obtained from the injured party with the total sum of KRW 40 million, including KRW 10 million around October 8, 2013, and KRW 10 million around October 14, 2014, from the new bank account (Account Number:F) in the name of the accused under the name of the accused for investment.

[2016 Highest 220]

1. On April 12, 2012, the Defendant, at Changwon-si around April 12, 2012, displayed the difference of stocks with which an earning rate is high in order to make the victim K appear to have raised a large amount of income with stocks, and “I have a wide experience and know-how in stock investment as a financial designer.”

B. If an investment is made to B, a stock investment report shall be submitted quarterly, notified of the details of use of the investment fund, and the amount invested in a year unit shall be paid along with profits, and if there is a request to pay the invested money, it shall be paid.

The bank will guarantee the profit of 8% per annum with a higher welfare than its own.

“A false representation was made.”

However, the defendant is not a financial designer.