A defendant shall be punished by imprisonment for two years.

Punishment of the crime

On October 26, 2012, the Defendant was sentenced to one year of imprisonment for fraud at the Busan District Court, which became final and conclusive on September 12, 2013.

"2014 Highest 5221"

1. On October 2007, the Defendant told the victim E at the D Co., Ltd. office located in Seongbuk-gu Seoul Metropolitan Government 401 on October 1, 2007, that “If investments are made in developing salt farms in Vietnam, 30-40% dividends shall be given a year, and 2 hump shall be given a salt farm equivalent to 2% of the share of the salt farm.”

However, in fact, the defendant was not in the state of obtaining the approval of land use or the approval of investment from Vietnam, and was not in the state of insufficient financing plans, and was developing salt farms to have no intent or ability to reduce dividend or salt farm shares to the victim.

As above, the Defendant, by deceiving the victim as above, received a list of three million won per face value from the victim on October 29, 2007, and received a list of 25 million won per face value around December 24, 2007, and obtained a 30 million won per agricultural bank account (Account NumberF) in the name of the defendant on November 12, 2007, and obtained a total of 75 million won from the victim on January 8, 2008, and obtained a 10 million won around February 17, 2010, respectively.

2. Around October 26, 2007, the Defendant told the victim G to the effect that “if investments are made in developing salt farms in Vietnam, 30-40% dividends shall be given a year and 2% of the salt farm shares shall be given.”

However, as described in paragraph 1., the Defendant did not have any intention or ability to develop the salt farm and reduce the dividend or the share of the salt farm to the victim.

As above, the Defendant, by deceiving the victim, received KRW 10 million from the victim, around October 26, 2007, and received KRW 10 million from the victim. On October 31, 2007, the Defendant acquired KRW 10 million on October 31, 2007, around March 3, 2008, KRW 13 million on or around September 19, 2008, KRW 40 million on or around December 29, 2008, and KRW 10 million on or around January 11, 201, respectively.

"2014 Highest 7511" 3.