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A defendant shall be punished by imprisonment for two years.
Reasons
Punishment of the crime
1. Fraud;
A. On September 2014, the criminal defendant against the victim C concluded that “The victim C will pay interest at 3-4% per month per week because he/she may invest in bond business and reduce a higher interest than a bank,” at the victim C’s house located in Seo-gu Incheon, Seo-gu, Incheon, Seo-gu.”
However, the Defendant did not invest in the bond business, and there was no intention or ability to pay interest and principal to the victim, even if he received money from the victim, because part of the amount of personal debt equivalent to 5.3 million won at the time was used as the above debt repayment and living expenses, and the victim was able to repay the money in the form of return to the victim.
Nevertheless, on September 2, 2014, the Defendant, by deceiving the victim, received KRW 5,00,000 from the victim to the Nonghyup Bank account in the name of the Defendant’s mother, and received KRW 5,000,000 from around that time to April 26, 2016, and acquired KRW 112,072,50 through 52 times, as indicated in attached Table 1 “crime List 1”.
B. On June 2014, the Defendant made a false statement to the victim F, at the victim F’s house located in Seo-gu Incheon G apartment 114 Dong 502, Seo-gu, Incheon, Seo-gu, stating, “The Defendant would pay 3% interest per month, as he/she may raise a profit by investing in the bond business, and reduce interest higher than that of the bank.”
However, the Defendant did not invest in the bond business, and there was no intention or ability to pay interest and principal to the victim, even if he received money from the victim, because part of the amount of personal debt equivalent to 5.3 million won at the time was used as the above debt repayment and living expenses, and the victim was able to repay the money in the form of return to the victim.
Nevertheless, the defendant is above.