Text
A defendant shall be punished by imprisonment for five years.
Reasons
Punishment of the crime
The Defendant is a person working as the C Tourism and Leisure Team leader from around 2004 to 2009, and D is a person who was a representative director of E (F) a corporation that promoted tourism and leisure business, such as indoor skiing ground, hotel construction, commercial building construction, etc. in C. (F) prior to the mutual change on January 5, 2006.
In addition to D, if the defendant recruited investors in the tourism and leisure business promoted by the above company using his position and connection as above, D entered into a joint development agreement with investors, and some of the investment funds received from investors are managed by the defendant and invested in futures trading operated by the defendant.
Around February 28, 2006, the Defendant and D, at the office of the Defendant located in Gangseo-gu in Busan Metropolitan City around February 28, 2006, would make a mortgage on the land as a security for investment funds after purchasing the planned development area and changing the purpose of use to the commercial area if the Defendant invested in the above tourist leisure business to the victim H. The Defendant would make a mortgage on the land. The E is promoting tourist leisure business that constructs indoor skiing, hotel, commercial building, etc., and if an investment is made in such business, he can make profits from the business or sale. By June 30, 2007, the Defendant and D would pay dividends equivalent to two times the investment funds until June 30, 200, including 6,655 square meters of commercial site, and would pay an amount equivalent to 50% of the development gains from the land purchased with principal and investment funds to the victim. D concluded the joint development agreement with the victims, including the above joint development agreement with the victim.
However, the defendant and D will invest part of the investment money in futures trading managed by the defendant.