A defendant shall be punished by imprisonment for one year.

Punishment of the crime

On February 28, 2007, the Defendant made a false statement to the effect that “The Defendant entered into an apartment contract in the name of the Silil Park in the Yongsan-gu, Incheon Metropolitan City C apartment 103 Do 801 on February 28, 2007, with the victim D’s house located in the Nam-gu, Incheon Metropolitan City, with the purport that the down payment was insufficient.” The Defendant borrowed the down payment to the effect that the occupancy was made before the occupancy in 2009.”

However, in fact, the defendant thought that the money received from the victim was invested in a multi-level company, but did not have a contract for apartment.

The Defendant, by deceiving the victim as such, received KRW 30 million from the victim as the borrowed money on the same day.

"2014 Highest 2463"

1. When the Defendant invested in the “JU network” that was illegal multi-level companies, and the Defendant was liable for large amounts of damages, such as bonds, etc., the Defendant committed an insurance solicitor’s act with false re-performance and with intent to borrow money from customers who came to know while carrying out the insurance solicitor’s act.

On June 2006, the Defendant made a false statement to the effect that “The apartment was sold in Songdo and sold in Songdo, and 58 marnam apartment was sold in Gyeonggi-do, and an officetel was located in the name of Gyeonggi-do, and the husband is doing skiing business in winter. When lending money, the Defendant made a false statement to the effect that “The Defendant would pay interest of 300,000 won per 10 million won per 10 million won.”

However, the Defendant was able to make an investment in a multi-level company or to repay the debt incurred therefrom, and as such, the Defendant did not own an apartment house or an officetel and his husband did not operate the business so that he did not have any intent or ability to pay the principal and interest of the loan.

Around June 22, 2006, the Defendant, by deceiving the victim, received KRW 10 million from the victim to the passbook in the name of the Defendant, and attached Forms from around that time to October 23, 2008.