A defendant shall be punished by imprisonment for not less than eight months.

Punishment of the crime

On August 14, 2014, the Defendant was sentenced to four years of imprisonment for a violation of the Act on the Punishment, etc. of Specific Economic Crimes (Embezzlement) at the Seoul Central District Court, and the said judgment became final and conclusive on June 11, 2015.

On October 2013, the Defendant, in the vicinity of Jongno-gu, Jongno-gu, Seoul, entered an investment amount of KRW 10-2 billion with the victim C, “AE shall be adjusted to be in operation, and it shall be established separately. The amount of funds for the establishment of the corporation shall be KRW 70 million (the shares shall be approximately 23%). The NationalTV Union, the number of members of which is 40,000 members of the National TV Union, and the quantity of members of the scenic foundation, the number of members of which is 50,000,000,000,000 won, may be raised every month, and the above union and the business agreement shall be in progress. Once a mutual aid company is established, an investment amount of KRW 10-2,00,000,000,000,000,000,0000,000,000,000,000,00,000,00).

However, in fact, even if the Defendant received KRW 70 million from the victim C, it was thought that the Defendant would pay the Defendant’s personal debt rather than using it as the fund for the establishment of a corporation. ② The establishment of a corporation was thought to be resolved by means of the Defendant’s loaning KRW 300 million from the bond company. ③ The Defendant did not own the Defendant’s share of KRW 2400,000, the press shares of the company in charge of the settlement of accounts provided as security to the victim C, and ④ did not agree to receive the funds of KRW 10-2,000,000,000,000,0000,000,000,000,000,000 won