The defendant's appeal is dismissed.

1. The lower court’s punishment is too unreasonable in view of the equity with the case where a judgment on the gist of the grounds for appeal was rendered together with a judgment on fraud that became final and conclusive.

2. Comprehensively taking account of the instant judgment records and all the sentencing conditions shown in the pleadings, the lower court’s sentence is too unreasonable even if it considers the equity in the case where the judgment was rendered together with the final judgment of fraud.

3. Therefore, the defendant's appeal is dismissed in accordance with Article 364 (4) of the Criminal Procedure Act on the grounds that the defendant's appeal is groundless. It is so decided as per