Defendant shall be punished by imprisonment for not less than two years and six months.

All of the applicants' applications for compensation are dismissed.

Punishment of the crime

The defendant of "2016 Highest 6522" is a person who runs the investment business under the trade name of (State)G.

1. On December 11, 2014, at the travel agency office called Gangnam-gu Seoul Metropolitan Government H (State) I located below H is an obvious clerical error in the victim F’s bill of indictment.

Even if an investment is received from the victim, the victim made a false statement to the effect that “if an investment is made in purchasing the right of collateral set forth in the J of Hong-gun, Hong-gun, Hong-gun, would return the principal and revenue to the victim,” and the victim shall receive KRW 5 million from the victim, and the sum of KRW 25 million from April 15, 2015 to the new bank account in the name of the defendant, shall be acquired by defrauding the victim as a sum of KRW 25 million;

2. On June 2015, the fact at the same place as the above paragraph 1 above means that, although there is no intention or ability to purchase the sale right, the victim makes a false statement to the effect that, “if an investment of KRW 30 million is made in purchasing ten old apartment units in the Jeju-gu Dong-gu, Daegu-gu, to purchase the sale right, the principal and the profits will be returned to the victim.”

7.30. Receiving 30 million won from a new bank account in the name of the Defendant to be remitted and defrauded;

3. In September 2015, the fact at the (ju)G office in Seocho-gu Seoul Metropolitan City L Building 501 means that, although there is no intention or ability to purchase a commercial building, the victim would return the principal and profits if he/she invests in purchasing the 14th floor of the Seo-gu Incheon Metropolitan Building, the victim would return the principal and profits to the 14th floor of the commercial building," and that in this context, the victim received the total amount of KRW 30 million from the damaged person to the new bank account in the name of the Defendant, and the defrauded acquired the total amount of KRW 10 million on November 1, 2015;

4. In January 2016, the facts at the Defendant’s house located in the Dongjak-gu Seoul Metropolitan Government N Apartment 316 Dong 103, 2016, even though there was no idea of investment in the purchase of non-performing loans, the principal and the profits when investing in the purchase of mortgage established in the Gangseo-gu Seoul Metropolitan Government P by telephone to the victim.