The defendant shall be innocent.

1. The summary of the facts charged is the operator of “F” corporation established for the purpose of real estate auction education and investment consulting, and the victim G, H, I, and J are students of the said education center.

Around November 2014, the Defendant purchased 1.6 billion won of the total amount of the claim for 1.6 billion won to the victims at the office of the pertinent education center located in Seocho-gu Seoul Metropolitan Government 401,000,000,000 won of the total amount of the claim for the Gyeonggi-si L 1.16 billion square meters (hereinafter “the instant land”). Even if the appraisal of the said land is awarded at a half of the total amount of (1.98 billion won) the said land would be paid dividends of 80 million won or more to the victims who purchased the said mortgage, the investors would obtain at least 20,000,000,000 won of the said land and dividends to the investors, and there would be no other explanation to the effect that the owners of the instant land will be 5,000,000,000 won of the instant land and dividends to the owners of the instant building, and that there would be no difference between the owners of the instant land and the owners of the instant land.

The possibility of a blanket sale to the victims is very low, “The investors shall be guaranteed the principal and shall not be deemed to have any damage,” and the investors made a false statement to the effect that they would not be subject to any guarantee of the principal.

However, the defendant, in addition to the victims, has many investors invest in the right to collateral security.