Defendant

A shall be punished by imprisonment with prison labor for ten months and by imprisonment for four months.

However, as to Defendant B, this shall not apply.

Punishment of the crime

Defendant

A was sentenced to ten months of imprisonment for fraud at the Incheon District Court on August 19, 2016, and the execution of the sentence was terminated at the Seoul Southern District Court on February 17, 2017, and on January 10, 2019, the Seoul Western District Court sentenced ten months of imprisonment for fraud at the Seoul Western District Court on January 10, 2019, and became final and conclusive as the Supreme Court's dismissal of appeal on March 15, 2019.

around May 3, 2018, Defendant A conspiredd Office 10 stories near Ctel located in Gwanak-gu in Seoul Special Metropolitan City, that “If you lend KRW 30,000,000,000 to 30,000,000, the principal will be guaranteed, and interest will be paid 24 times each day by 5% per day.”

However, in fact, the defendant borrowed money from many people without any particular property or income, and prevents the repayment of interest to the preceding creditors with such money, and there was no intention or ability to repay the money in time even if it borrowed money from the victim.

Therefore, from that point to June 4, 2018, the victim received KRW 57 million in total over 25 times as shown in the annexed crime list, including the receipt of KRW 30 million from the victim on the same day.

around May 23, 2018, Defendant A, at the office operated by the Fho Lake G of the Gwanak-gu Seoul Special Metropolitan City D Building F, by deceiving the victim H through the above G, that the principal and interest shall be paid up to five percent per day until the amount reaches 1.2 million won per day when investing one million won.”

However, in fact, the defendant borrowed money from many people without any particular property or income, and prevents the repayment of interest to the preceding creditors with such money, and there was no intention or ability to repay the money in time even if it borrowed money from the victim.

Therefore, the victim received 4 million won as investment from the victim on the 25th day of the same month and acquired it by fraud.

Defendant A of "2019 Highest 117" around May 17, 2018.