The punishment of defendants shall be two years and six months.

Punishment of the crime

The Defendant, “2020 Man-Ma152,” as follows, had the victim B borrow the sum of KRW 93 million in his/her own name without any intent or ability to repay the installment loan, instead of paying the installment loan, even if he/she received the installment loan under the name of the victim B, and acquired and acquired the pecuniary profits equivalent to the same amount.

1. Around May 12, 2017, the Defendant received a full amount equivalent to the purchase price of CK7 car from B, and the same year.

5. Around 16. Around 16.m., “The money received in Korea shall be the purchase price, and if a vehicle is purchased with a loan from D in a party name, the monthly installments shall be responsible for and paid at each month.”

B believed that the horses were, on the same day, loaned KRW 28 million as the purchase price of the same automobile in D.

2. Around June 2017, the Defendant received a refund from B of CK7 automobiles that received the full purchase price from B, and the same year during which the Defendant did not refund the purchase price.

6. Around 16. Around 16.m., “If you obtain a loan from D in the name of the party and purchase E K7 passenger cars, the monthly installments will be paid at each month.”

B believed that the horses were, on the same day, loaned KRW 35 million as the purchase price of the same automobile in D.

3. Around March 22, 2018, the Defendant stated that “If the Defendant obtained a loan from D in the name of the party, and purchased FMoburf passenger cars with the loan from D in the name of the party, not only the capital installment for each month but also the D payment in the name of the party for the previous two vehicles shall be made.”

B believed that the horses were, on the same day, loaned KRW 30 million as the purchase price of the same automobile in D.

Around September 13, 2018, the Defendant stated that “Around September 13, 2018, the Defendant changed the down payment to G to sell the H of the 2018-type Modern Flaf Flaf vehicle at KRW 35 million to G at any office located in the Yansan-gu, Seoul Special Metropolitan City.”

G Recognizing its horses.