A defendant shall be punished by imprisonment for one year.

The defendant is an applicant for compensation, who is an applicant for compensation, of KRW 48,00,00,000.

Punishment of the crime

[Criminal Justice] On October 24, 2019, the Defendant was sentenced to two years of imprisonment for a crime of fraud at the Cheongju District Court, and the judgment became final and conclusive on March 27, 2020.

【Criminal Facts】

1. On March 2017, 2017, the Defendant told the victim B, who was aware of the case, to the effect that “If he lends KRW 7 million to another place, he would make an investment in the other place, and pay interest of KRW 3% per month, and, if necessary, would immediately repay the principal at the end of the year.”

However, in fact, when the defendant works as an insurance solicitor, he thought that the defendant will use the remaining money to pay the debt, and even if he borrowed money from the victim due to the absence of any particular property, he did not have any intention or ability to pay it.

On March 31, 2017, the Defendant, by deceiving the victim, received 7 million won as the borrowed money from the F Bank account (Account Number G) in the name of the Defendant on March 31, 2017.

In addition, the Defendant received total amount of KRW 48 million from the victim on three occasions, as shown in the attached Table 1, from the above date and time to January 9, 2018, and acquired it as borrowed money.

2. On June 13, 2019, the Defendant thought that he would use his personal debt even if he borrowed money from the victim, and did not work for the Defendant, and despite the absence of the intent or ability to repay the money due to the absence of any particular property, the Defendant called the victim at ordinary times to the effect that “I would pay 8% interest at the rate of 8% per month and return the principal after six months from the victim’s own account in the name of the Defendant on June 13, 2019.”