A defendant shall be punished by imprisonment for one year.

Punishment of the crime

On January 15, 2016, Defendant 2017, at the office of the Defendant’s (main state) office in Bupyeong-gu, Incheon, Bupyeong-gu B building, and the office of the Defendant on the fiveth floor, the victim D concluded two total sales contracts with the victim to receive KRW 100 million per month of the total sales contract until the project is performed if the project is not performed as agreed upon.

However, even if the defendant received an agreed amount from the injured party, the defendant thought that the defendant would pay the same amount of money as principal and allowances to the investors in the similar receiving activity of the E, and the food waste treatment equipment was supplied to the injured party or nationwide apartment buildings, etc., and there was no intention or ability to pay the subsidy to the injured party.

On January 15, 2016, the Defendant received KRW 10,000 from the damaged person as agreed money, and received KRW 10,000 from the F bank (G) account under the name of C to the H bank (I) account under the name of C on the same pretext, and acquired KRW 60,000 won in total by receiving KRW 1,00,000 from each of the said damages to the H bank (I) account under the name of C on the same pretext.

No one shall agree to pay an amount of money in the future to an unspecified number of persons in total or in excess of the amount of money invested in the future without obtaining authorization or permission from the authorities or making registration or a report, etc., and engage in any similar receipt of money as a business of raising money under the pretext of investments, etc.

The Defendant has granted authorization, permission, etc. from the competent authority from August 1, 2016 to September 9, 2016.