The defendant is not guilty. The summary of the judgment against the defendant shall be published.

1. The facts charged C is the owner of Jeju City D, E, F, G, H, I, J, K, L, M, N,O, and P (hereinafter “instant real estate”), and the Defendant is the representative director of (ju), Q, a real estate developer.

C Around December 5, 2005, at one’s house located R, the Defendant and the instant real estate shall be KRW 450,000,000 for the purchase price, and the down payment shall be KRW 45,000 for the instant real estate (payment date December 5, 2005), KRW 50,000 for the first intermediate payment (payment date December 14, 2005), KRW 15,000 for the second intermediate payment (payment date January 31, 2006), KRW 200,000 for the remainder (payment date), and the buyer shall be paid the remainder to the buyer of the intermediate payment in sequence with a land transaction agreement, and the buyer shall be paid the remainder to the buyer and the intermediate payment in order, and the buyer shall be paid the remainder to the buyer and the intermediate payment before the second intermediate payment.

On December 6, 2005, C entered into a sales contract with the victim U, the victim U, and the victim V on one of the instant real estate, with the purchase price of KRW 100,000,000,000,000,000,0000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,0000,000,0000,000,000,0000,000,000,000,000,000,000,000

In addition, the Defendant entered into a sales contract with the victim W and the instant real estate of KRW 43,90,000 with respect to the purchase price of KRW 43,90,00 on April 25, 2008, and around May 15, 2008, the victim W shall be KRW 25,000,000 for the purchase price, and KRW 18,90,000 for the same name as the purchase price around May 15, 2008.