A defendant shall be punished by imprisonment for two years.

Punishment of the crime

On December 23, 2009, the Defendant was sentenced to imprisonment for fraud at the Daegu District Court racing support on December 23, 2009, and completed the execution of the sentence at the Daegu Detention House on June 16, 201.

[Criminal Facts]

1. Fraud - The Defendant: (a) was running a business to create factory sites on seven parcels of land, such as Da, E, F, G, H, I, and J, north-gu, North Korea, the ownership of C, etc.; and (b) extended five times from December 16, 2012 to March 11, 2013, the Defendant borrowed a sum of KRW 300 million from the victim K to the victim K for the above business funds; and (c) established a right to collateral security at KRW 400 million on the land, such as D, E, F, G, I, and L, the debtor, the victim of the right to collateral security, and the victim of the right to collateral security at KRW 400,00,000,000,000 from the financial institution; (d) there was a need for the Defendant to raise funds for other projects, such as the development of the housing site in the north-Gu, the construction of a factory site in the light P, in addition to the above land to use as collateral.

On March 29, 2013, at a place where the name of the Defendant is unknown, the Defendant would receive additional loans from the bank and repay all loans to the Defendant at a location where the name is unknown.

The phrase “ makes a false statement.”

However, in fact, the Defendant did not have the intention or ability to pay KRW 300,000,00,000, even if he terminated the right to collateral security.

The Defendant had the victim terminate the right to collateral security around March 29, 2013. On the same day, the Defendant extended loans of KRW 384 million from the Agricultural Cooperative in Jeju-do as security to pay KRW 90 million out of the above loans around April 1, 2013, and repaid to the victim KRW 90 million from April 1, 2013 to April 12, 2013.