A defendant shall be punished by imprisonment for three years.

Punishment of the crime

[Criminal Power] On October 24, 2014, the Defendant was sentenced to three years in Seoul High Court to imprisonment for a violation of the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Fraud), and completed the execution of the sentence in the Hong prison on September 16, 2016.

On November 7, 2017, the Defendant made a false call to the victim B, who was an employee of the child’s workplace, at a non-place on or around November 7, 2017, stating that “The Defendant would also return the principal if he/she talks before the two to three months.”

However, in fact, the Defendant did not have any idea to receive high interest by lending money to others. At the time, the Defendant borrowed money in such a way to KRW 500,000,000, and was used from the beginning for so-called so-called “defensive” such as repaying the Defendant’s personal debt with the money borrowed from the victim, and there was no intention or ability to repay it.

As above, the Defendant, by deceiving the victim as above, received 30,000,000 won from the victim to the D bank account in the name of C, who was saw to be a loan from the victim on the same day. From around that time to August 28, 2018, the Defendant acquired 353,00,000 won in total over 17 occasions, as shown in the attached crime list, from around that time to August 28, 2018.

On December 2, 2018, the Defendant made a false statement to the victim G (V, 53 years of age) from the “F located in Eunpyeong-gu Seoul Metropolitan Government E” (hereinafter “FF”) stating that “The Defendant may create a dub equivalent to money if he/she pays money when he/she operates a gold-ro store.”

However, in fact, the Defendant did not operate a bank on a paper, and was thought to be used to make so-called “defensive” such as paying the Defendant’s personal debt with the money borrowed from the victim, and even if receiving the money from the victim, there was no intention or ability to create it immediately.

The Defendant deceivings the victim as above.