The defendant's appeal is dismissed.

The summary of the grounds for appeal by the defendant is that the punishment of the court below (1.5 million won) is too unreasonable.

Although it is recognized that the Defendant invested approximately approximately KRW 73 million in D managed by the victim and did not receive a proper repayment of the investment money or dividends, the amount of the instant fraud is not smaller than the amount of the fine for a summary order, and the lower court, taking into account the aforementioned circumstances, sentenced to a fine reduced than the amount of the fine for a summary order, it is not recognized that the sentence of the lower judgment is unreasonable.

Therefore, the defendant's appeal is without merit, and it is dismissed in accordance with Article 364 (4) of the Criminal Procedure Act. It is so decided as per Disposition.