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

If the defendant fails to pay the above fine, 50,000 won shall be one day.

Punishment of the crime

The defendant is a person who was sentenced to imprisonment with prison labor for a violation of the Punishment of Violences, etc. Act in the Ulsan District Court on April 2, 2010 and for whom one year and six months have become final and conclusive on the same day.

On March 28, 2006, the Defendant: (a) registered a loan broker with the name of the Defendant’s wife, or registered a business under the name of the Defendant’s wife B; and (b) registered a business with the name of “C” under the said loan broker’s order around March 28, 2006.

Accordingly, on March 29, 2006, the Defendant entered into a loan agreement with the victim company for the purchase of used cars on the condition that the Defendant would pay KRW 9,00,000,000 from the victim company the principal and interest of KRW 362,616 each month for 36 months, on the ground that the Defendant purchased the used cars of KRW 9,616 in the said B’s name from the “F company” located in the “E” used cars trading complex located in the Busan Metropolitan City’s annual construction project zone D.

However, in fact, the Defendant and the above B and the loan broker did not intend to purchase, hold and operate the above car from the beginning, and they thought to receive and use the loan from the victim company as the fund for purchasing cars. The Defendant and the above B did not have any special property in their name, and the Defendant also did not have any intent or ability to pay the principal and interest of the loan even if they were to receive the loan from the victim company because they were listed in a bad credit without a certain occupation.

The Defendant, in collusion with the above B and the lending broker, by deceiving the victim company as above, received KRW 9,00,000 from the victim company as a loan for used cars purchase fund around March 30, 2006.

Summary of Evidence

1. B, .