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

The defendant pays 485,640,000 won to an applicant for compensation.

3.2

Punishment of the crime

1. On March 31, 2009 and April 8, 2009, the Defendant made a false statement to the victim C at a non-permanent place (hereinafter referred to as “B”), which read that “I will pay KRW 10 million,000,000,000,000 per day by investing KRW 200,000 as futures option expert in futures option to a futures option.” However, if I will receive money with trust, I will pay money by investing in futures option.”

However, the defendant was not well aware of the investment in futures option and was not in a situation where the above earnings were punished through investment in futures option, so even if investment in futures option was made by receiving investment funds from the victim, it was not a situation where the victim can guarantee investment profits.

Nevertheless, the Defendant, as described above, received from the victim a false statement, and acquired the amount of KRW 5 million on March 31, 2009, and KRW 40 million on April 8, 2009, from each Defendant’s modern securities account (D) in the name of each Defendant.

2. From June 17, 2009 to June 19, 2009, the Defendant purchased 400 million won, and then on June 16, 2009, the victim C made a false statement to the victim C, “The 3 million won fake land in Gyeonggi-do E and F (hereinafter “Womo-dong land”) was sold to the victim C at an insular place (hereinafter referred to as the “Ssi-dong”) at Sinsi-si, Singu, Sinsi-si, Gyeonggi-do. It is a senior citizen, who is a senior citizen, and is a senior citizen, to share cash with his/her living donation, it is a large amount of money. The purchase at the level of KRW 400 million, which can be received KRW 1.2 billion,000,000,000,000,000,000 won, and if so, the purchase and sale of the above land would be repaid together with the market price.”

However, the defendant did not have any intention or ability to repay, even if he borrowed the above money from the victim.

Nevertheless, the defendant makes such a false statement and belongs to it.