A defendant shall be punished by imprisonment for not less than one year and six months.

Punishment of the crime

The Defendant is a person who operated the Geumcheon-gu Seoul Metropolitan Government D building from November 2006 to December 2015, 2015, and the business entity manufacturing and distributing computers and peripheral devices (State registration of closure of business on December 31, 2015) E (State).

The Defendant, at the end of 2014, when the company’s operating funds were insufficient due to the decline in the market price of imported goods and the disbursement of online advertising expenses, etc., the Defendant borrowed the first L&C in the name of (State) E, but, for the purpose of collateral, tried to enter into a guarantee insurance contract with the Seoul Guarantee Insurance Co., Ltd. with the insured (State) as the first L&C for the purpose of collateral, and sought to enter into a guarantee insurance contract with the amount equivalent to the borrowed money as the guaranteed amount. However, the Seoul Guarantee Insurance Co., Ltd. did not conclude a guarantee insurance contract for a simple monetary consumption loan by submitting a false goods supply contract with the victim, which

Accordingly, on January 21, 2015, the Defendant borrowed the amount equivalent to the insurance coverage amount of the Victim's Seoul Guarantee Insurance from (ju) first K&C office. The Defendant prepared a false “basic contract, individual contract,” stating that “(a) first L&C (ju) shall pay the amount of goods to E in advance, and (b) E shall supply the amount of goods equivalent to KRW 234,00,000 in advance,” and that “the amount of goods equivalent to KRW 234,00,000 in advance,” at a branch office of the Victim's Seoul Guarantee Insurance Co., Ltd. located in Jongno-gu, Seoul, Kim Jong-ok, and that the basic contract and individual payment guarantee contract concluded with the person in charge of subscription for the Victim's Guarantee Insurance Co., Ltd. under normal commercial transactions, and that the Defendant’s payment to 00,000,0000 won in advance between the victim and the Seoul Guarantee Insurance Co., Ltd., Ltd., Ltd. (hereinafter “E insurance Co., Ltd. 20, Ltd.”).