Defendant

A Imprisonment with prison labor for five years and for three years, respectively.

Punishment of the crime

[criminal history] Defendant A was sentenced to three years of imprisonment for fraud, etc. in the support for the development of Suwon Friwon, etc. on January 26, 2010, and completed the execution of the sentence on December 25, 2012.

Defendant

B On October 28, 2011, the Seoul High Court sentenced one year and six months of imprisonment with prison labor for a violation of the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Aggravated Punishment, etc. of Specific Economic Crimes) and additionally collected KRW 12 million for a violation of the Act on the Aggravated Punishment, etc. of Specific Economic Crimes. On August 10, 2012, the Daejeon District Court sentenced three months of imprisonment with prison labor for forgery of private documents, etc. on January 8, 2013, and completed the execution of the sentence on August 11, 2016. On August 11, 2016, the Seoul Southern District Court sentenced one year and two months of imprisonment with prison labor for fraud, which became final and conclusive on February 24, 2017.

[2] Defendants 2016 Highest 6236, and F, who did not have the intention or ability to actually export, seek a person residing in the United States and who lent the name of the company to an importer overseas. Defendant A instructed Defendant B to seek a person to whom the name of the company was to be lent to the exporter in the Republic of Korea. Defendant B recruited an exporter in accordance with the direction of Defendant A. Defendant B submitted a false export contract, etc. which would make the most false transaction of goods between the exporter and the importer, with intent to obtain an export credit guarantee from the Korea Trade Insurance Corporation of the victim and obtain a loan from the financial institution by applying the above guarantee guarantee to the financial institution as a security.

1. On January 29, 2014, the Defendants and F jointly committed the crime: (a) at the Korea Trade Insurance Corporation Gyeonggi branch office, the Korea Trade Insurance Corporation (Korea Trade Insurance Corporation) filed a false export contract with employees of the said Corporation; and (b) G filed an application with the U.S. H for requesting to issue an export credit guarantee equivalent to US$ 100,000 as dump powder shipment.

However, the Defendants borrowed the name of G Co., Ltd. as the exporter, and F borrowed the name of H in the U.S. as the importer, submitted a false export contract between G and H, and received the certificate of guarantee.