Defendants shall be punished by imprisonment for six months.

Punishment of the crime

In around 2012, the Defendants intended to obtain a loan from the lending company and use the loan in installments, but Defendant B had the victim C, a member of Defendant B, who was not qualified as a guarantor due to bad credit standing, as a guarantor, and offered money from the lending company.

Defendant

B On February 2 to 3, 2012, on early February 2, 2012, at the office located in Gangseo-gu Busan Metropolitan Government D, the Defendant made a false statement to the effect that “I will purchase the vehicle by paying the loan to the victim with no money in need of the vehicle. I will receive the loan from the capital, and will pay the loan in a normal manner. I will make an installment payment. I will make a loan in the name of the credit bad.”

However, in fact, Defendant A had to support wife and two children without any specific property, other than personal liabilities equivalent to KRW 10 million, and Defendant B had the victim with bad credit standing and did not have the intent or ability to pay the loan properly even if the loan was given by the lending company.

On March 2012, the Defendants deceptiond the victims, and Defendant A applied for the loan by delivering the personal information and contact details of the victims transmitted by Defendant B to the (ju) Won Capital, (ju) Korea Savings Bank, (ju) CFK loan, and (ju) social loan created by ices through the employees of the lending company. Defendant B received joint and several guarantee and a certificate of personal seal from the victims and delivered them to each of the above lending companies.

As a result, on March 26, 2012, the Defendants obtained 2 million won from (ju) Won Capital; 3.9 million won from (ju) Korea Savings Bank; 3 million won from (ju) Korea Savings Bank; 3 million won from (ju) foreign community loans; 1.9 million won in total from (ju) foreign community loans; and 11.9 million won in total from the foreign community loans, and caused the victims to obtain financial benefits equivalent to the said amount as joint and several sureties.

Summary of Evidence

1. Defendants’ each.