A defendant shall be punished by imprisonment for two years.

However, the execution of the above punishment shall be suspended for three years from the date this judgment became final and conclusive.

Criminal facts

1. Around May 201, the Defendant purchased land of about 3 to 400 million won on monthly rent to the victim E although the Defendant did not have the intent or ability to invest KRW 5 billion in the second floor of the Gangnam-gu Seoul Metropolitan Government Office (AD office) around May 201. The Defendant purchased the land of approximately 8,000 square meters on the land of urban support facilities within the development project area of Gangdong-gu, Seoul, with the intention of purchasing KRW 5 billion on monthly rent. At present, the said land is prohibited from resale, and it is decided that D will take over the said project. Since the said land is the prohibition of resale, it is possible to newly establish a new operating corporation and to receive KRW 5,00,000,000,000,000 from 5,000,000,000,000,000 won, which is 5,000,0000,000,000 won.

As such, the Defendant: (a) by deceiving the victim as such; (b) around May 16, 201; (c) around May 31, 201; (d) around KRW 200 million with D’s account in the name of D around May 31, 201; (d) around June 30, 201; (e) around KRW 130 million with D’s J account in the name of D representative director’s J; and (e) around July 1, 201, five times in total, including receipt of KRW 40 million with J account in the name of J around July 7, 201; and (e) around KRW 30 million with the J’s name.