A defendant shall be punished by imprisonment for six months.

Punishment of the crime

On August 23, 2012, the Defendant, to the extent that it does not have any substantial disadvantage to the Defendant’s exercise of the Defendant’s right of defense, was sentenced to a suspended sentence of 1 year in the Seoul Western District Court for criminal fraud on August 23, 2012, and the above judgment was finalized on the 31st day of the same month. On February 17, 2015, the Defendant was sentenced to a suspended sentence of 1 year in imprisonment with prison labor for a violation of the Illegal Check Control Act at the Jung-

7. 17. The above judgment was finalized, and on March 13, 2015, the Incheon District Court sentenced imprisonment with prison labor for not more than one year and six months for fraud.

7.17 The above judgment became final and conclusive.

The Defendant was the substantial representative of the manufacturing chain (ju)C, and served as the management director of (ju)D.

On May 2, 2012, the Defendant: (a) at the office of G G office in Daegu-gu, Daegu-gu, the Defendant: (b) stated that “F will be jointly guaranteed by the Defendant in the event that each promissory note is not settled due to a default on payment.” (c) written a statement to the effect that “F will be jointly guaranteed by the Defendant in the event that each promissory note is not settled due to a default on payment.” (d) At the same time, the Defendant provided that “F will be jointly guaranteed by the Defendant.”

However, the above C was unable to pay the current account check and promissory note issued in the name of the above C from the end of July 201 due to the aggravation of its financial situation, and the said D was in arrears with multiple creditors, such as financial rights, and the Defendant was also in arrears with his/her debt. The Defendant also received the said amount of KRW 23,142,639 from the Steel around March 201 and sold the said amount of KRW 23,142,639, and thereafter borrowed money from the damaged party due to the bad financial standing to the extent that it would be arbitrarily used for personal debt repayment, etc., even if it borrowed money from the damaged party, the intention or ability to pay the promissory note provided as security or to repay the borrowed money.