A defendant shall be punished by imprisonment for not less than two years and six months.

All applications for compensation order shall be dismissed by applicants.

Punishment of the crime

1. The Defendant’s fraud against the Victim J refers to the false statement that, even though the Victim J and the Vehicle Loan Business were operated as a partnership business and there was no thought of the profit and only if only the loan is secured, the customer is not able to lend the money, the Defendant acquired 29,000,000 won from the Victim J to April 24, 2015 by means of receiving the Defendant’s passbook from the Defendant’s Defendant’s Defendant’s Defendant’s wife at least 5-7% of the monthly investment amount, return the principal of the loan to investors at a reasonable rate, and return the profits normally and operate a vehicle lending business in the name of the victim, and pay the profits at a certain rate according to the investment amount after establishing a vehicle lending business in the name of the victim.

2. The Defendant’s fraud against the victim E, F, G, H, and I, as described in paragraph 1, did not have the intent and ability to return the principal and interest of investment to the investors held by the victim J, as agreed to the victim J, on March 10, 2014, the victim E through the victim J, stating that “if an investment is made in the motor vehicle security loan business, 5-7% of the monthly investment amount shall be paid to the victim, and then the principal shall be returned normally, 150,00,000 won shall be remitted from the victim E to the Defendant’s wife’s passbook via the victim J passbook, and around May 8, 2014, the Defendant received 50,000,000 won from the victim’s wife around 0,000,000 won and around 0,000,000 won from the victim’s G around 14, 2014, 300,000 won and 10,001.

Then, the Defendant’s around May 13, 2015, and the facts are the intent to return the victim E’s investment money even if the Defendant sold the loan, because of the large amount of the collateral debt on the loan newly built in the Gangnam-gu Seoul Metropolitan Government N.