A defendant shall be punished by imprisonment for four years.

All applications for compensation order filed by an applicant for compensation shall be dismissed.

Punishment of the crime

The Defendant came to know the victim E, the victim F, the victim C, the victim G, the victim H, and the victim I, who worked together from November 2013 to November 2015 at the Dispute Resolution site.

In fact, the Defendant did not engage in any business in China, did not have accurate stock information, and attempted to receive money from the victims in the name of the Chinese business investment fund, the name of the stock investment fund, the name of the wheeler business fund, and the name of the wheeler business in order to receive money from the victims in the form of a stock transaction when the victims need money such as transfer money, loan money, living expenses, gambling money, etc. as the victims need to operate a business in China, or obtain high-class stock information through a wheeler business in Japan, or to receive money from the victims in the form of a wheeler business in the form of a wheeler business in Japan.

Around March 2015, the Defendant made a false statement to the victim E, “The Defendant would operate the Kindo house in China. The Defendant would guarantee the principal, and divide the net income in proportion to the ratio of the investment amount.”

However, in fact, the Defendant did not operate Kindo in China, and there was no intention or ability to use the investment money for Kindo business or to pay the investment return because it was not only thought that the Defendant received the investment money from the victim E to use it as living expenses, etc.

The Defendant received KRW 51,500,000 from March 27, 2015 to August 11, 2017, including: (a) KRW 10,500,000 on March 31, 2015; and (b) KRW 10,000 on April 20, 2015; and (c) obtained KRW 51,50,000,000 on April 21, 2015; and (b) obtained KRW 51,50,000 from March 27, 2015 to receive KRW 51,50,000,00.