Defendant

A Imprisonment with prison labor for a year and two months, and for a defendant B, for eight months, respectively.

Punishment of the crime

Defendant

A is the representative of a place of business that sells or arranges insurance products under the trade name of "C", and Defendant B is the chief of the headquarters of the above head of the business.

around March 2016, the Defendants, at the same workplace located in the fiveth floor of the Gangnam-gu Seoul Metropolitan Government D D D Building, entered into a financial deficit due to the reduction of the sales of the workplace at the time, and could not be paid monthly wages of employees. In order to sell and arrange insurance products, the Defendants were merely thought to use the funds for the operation of the company when they receive investments from others under the pretext of the customer’s contact details, such as the investment in art works. Although they did not have the intent or ability to invest the funds in art works or to return the principal on the date of return of the principal by paying the funds to the investors each month, the Defendants were willing to use the funds as the funds for the company’s operation by guaranteeing the principal and paying the funds for investment in art works, real estate, advertising projects, etc.

Defendant

B As such, at the “G” coffee shop operated by the victim F in the first floor of the building E at the time of the Gyeonggi-si, Gyeonggi-do, on April 18, 2016, as such, “A Co., Ltd. invests in art works, real estate, advertisement projects, etc.” to the victim.

When investing in C Co., Ltd, the investment fund will be invested in art works through H gallon.

The 1% of the investment profits per month shall be paid and the principal shall be returned at maturity.

Investment money is deposited into A(C) account.

“A false representation was made.”

The Defendants received KRW 50 million in total from the injured party on April 19, 2016 and KRW 50 million on April 20, 2016 and KRW 130 million in total from the 21.30 million on April 21, 201.

As a result, the Defendants conspired to attract the victim to receive the goods.

Summary of Evidence

1. Part of the defendant A.