Defendants shall be punished by imprisonment for one year and two months.

Punishment of the crime

[criminal power] Defendant A was sentenced to two years of imprisonment for fraud, etc. at the Seoul Northern District Court on January 17, 2014, and the said judgment was finalized on May 16, 2014. Defendant B was sentenced to one year and eight months of imprisonment at the Seoul Northern District Court on January 17, 2014, and the said judgment became final and conclusive on May 16, 2014.

[2014 Highest 1583] Defendant A is a person who operated a rice sales business in the name of “F” in Dongdaemun-gu Seoul, and a business entity selling rice in the name of “H” in Seocho-gu Seoul, Seoul, and Defendant B is a person in a de facto marital relationship with Defendant A.

From the end of January 23, 2012, Defendants were under investigation by an investigative agency due to the suspected fraud that they acquired investment funds by iceing a rice sales business. Defendant A requested a detention warrant to the Seoul Northern District Court due to the suspected fraud on January 25, 2013 and around February 4, 2013, the detention warrant was issued on the date of detention prior to the suspect scheduled to appear before the date of detention and around February 13, 2013. The Defendants need to pay approximately KRW 30 million to the victim I of the above crime, and there was no property or income in substantial value, such as the repayment of the money invested by another person, and Defendant A purchased the money from the victim of the above crime to deposit the money to the Nonghyup District Court as collateral and to return the money to the victim without the intent to deposit the money with the said money or to sell the money to the Nonghyup District Court. Even if the Defendants agreed to purchase the money to sell the money to the victim as collateral.

The Defendants, around February 20, 2013, have the intent or ability to pay the agreed profits in the “L” office located in the Seocho-gu Seoul Metropolitan Government K, or to return the invested principal.