A defendant shall be punished by imprisonment with prison labor for up to six months.

However, the execution of the above sentence shall be suspended for a period of two years from the date this judgment became final and conclusive.

Punishment of the crime

1. On July 17, 2017, the Defendant: “Around July 15, 2017, the Defendant: (a) lent KRW 10 million to the victim B, if he/she borrowed money to be urgently needed to engage in his/her own business, from among the Korea-U.S. University located near the university located in the Dong-dong, the Defendant said that he/she would repay the money to the victim B until November 30, 2017.”

However, the defendant was thought to use the borrowed money from the damaged party for living expenses, etc., and he did not have any intent or ability to repay the borrowed money by the due date.

The Defendant, as above, made a false statement to the victim and received a copy of KRW 10 million check from the victim on the 17th of the same month.

2. On August 8, 2017, the Defendant: (a) called, “Around August 8, 2017, the Defendant, by calls from the victim B, at the end of the East Sea (hereinafter referred to as the “SB”); and (b) “Around August 30, 2017, the Defendant loaned KRW 400,000,000 to the victim B, who is in need of an urgent need for personnel expenses to be paid to the employees at the construction site of the project.”

However, the defendant was thought to use the borrowed money from the damaged party for living expenses, etc., and he did not have any intent or ability to repay the borrowed money by the due date.

The Defendant, as above, was made a false statement to the victim and was transferred KRW 4 million to the Saemaul Treasury Account (C) in the name of the Defendant on the same day from the victim.

3. On August 27, 2017, the Defendant: “Around August 30, 2017, the Defendant told the victim B to pay the full payment, including KRW 4 million already borrowed, if he/she additionally lent KRW 1,00,000,000,000,000,000,000,000,000,000,000,000,000,000) near the university located in the Dong-dong.”

However, the Defendant did not have any intent or ability to repay all of the above borrowed money until the due date, even if he borrowed money from the injured party because of the economic difficulty of the Defendant.

As seen above, Defendant 1 got 1 million won in cash on the same day from the victim’s damage by making a false statement to the victim.

This is the defendant.