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

If the defendant does not pay the above fine, 50,000 won shall be one day.

Punishment of the crime

The defendant was a person who worked as a teacher of a child-care center at the "C Child-care Center" located in Busan Metropolitan Government B, and the defendant did not have an intention to borrow money from the complainant or to have the complainant repay the loan of the defendant as a joint and several surety.

1. On or around September 30, 2010, the Defendant stated that “C Child Care Center” located in Busan-gu B, Busan-gu, means that the Defendant may purchase the land and guarantee that the said complainant can obtain a loan of KRW 5 million from the lending company, and if so, the Defendant would sell the land within one month.” The Defendant received a copy of the resident registration certificate from the said complainant who believed that it is true;

A. On or around September 30, 2010, the Defendant borrowed 2.5 million won from the loan to the lender’s Alene Sene loan (ju) and registered the complainant as a joint and several surety;

(b)on October 05, 2010, when the Defendant took out a loan of KRW 3 million from a loan of the lending company (junish Loan), then enter the complainant as a joint and several surety;

(c)on October 12, 2010, the complainant is registered as a joint and several sureties after the Defendant took out a loan of KRW 2 million from a lending company (junishing);

D. On the same day as the above sub-paragraph (c) above, the defendant received a loan of KRW 2 million from LF Capital Co., Ltd. from the lending company, and registered the complainant as a joint and several sureties, etc. over the four occasions, and made the complainant joint and several sureties, and did not repay the loan, thereby making the complainant pay the loan on behalf of the complainant, thereby making the complainant take property benefits equivalent to KRW 9.5 million.

2. On January 31, 201, at the same place as that of paragraphs (1) and (1), the Defendant makes a false statement to the complainant that “I will pay the borrower a full payment within the month during which I would pay the interest rate if I would not have any problem in the lump-sum guarantee, or if I would borrow a direct loan from the complainant at this time.”