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A defendant shall be punished by imprisonment for not less than two years and six months.
All applications for compensation order shall be dismissed by applicants.
Reasons
Punishment of the crime
[2016 Highest 789] The Defendant, while working as an insurance designer, was involved in investment in securities at the customer’s request for investment in the insurance design, was able to receive money from the customers to make investment in high-risk goods and to use some of them as living expenses.
Accordingly, the Defendant made a false statement to the victim H, who is a customer of interest accrued after a university, by telephone at a place not known around August 2010, stating that he/she would make an investment in the claim and the fund whose principal is guaranteed. However, the Defendant did not intend to make an investment in the product whose principal is guaranteed even if he/she received an investment from the damaged party at the time, used it for personal purposes, such as living expenses, and receives an investment from the damaged party as a plan to make an investment in the options product whose principal and yield
Nevertheless, on August 30, 2010, the Defendant received KRW 3 million from the injured party to the national bank account under the name of the Defendant, and received KRW 922,88,000,00 from eight victims over a total of 21 occasions from August 30, 2010 to March 14, 2016, as indicated in the list of crimes in the attached Table, as well as from August 30, 2010.
Accordingly, the defendant was issued a total of KRW 922,88,00 by deceiving the victims.
[2016 Highest 933] The Defendant called the victim I to the victim I at a place that is not known around November 8, 2013 and would ensure a stable operation of assets and a high rate of return.
When making an investment of KRW 15 million with a long-term investment product, it shall be paid KRW 15,868,756 with the monthly maturity on June 2014, and shall be paid KRW 18,031,255 with respect to a three-year maturity product. However, when the Defendant receives monetary payment from the injured party, he/she shall use it for personal purposes, such as living expenses, and make an investment in an option product with which the principal and yield rate are not guaranteed.