Defendant shall be punished by a fine of KRW 5,000,000.

When the defendant does not pay the above fine, 100,000 won.

Punishment of the crime

1. On October 2, 2015, the Defendant, a person operating a stock company B and caused F, an employee of the Plaintiff, to hold a business explanation meeting by gathering victims E and many unspecified persons, at the D office located in Daegu Dong-gu, Daegu-gu, Daegu-gu, and let the Defendant hold a false statement that “A corporation B would continue to pay to investors KRW 30,000 per day for five days a week and KRW 1.2 million per week until the amount reaches 200% of the principal amount.”

However, in fact, the above company did not sell the monthly income to the extent of KRW 200,000,000, and the defendant did not have any intent or ability to pay the principal and allowances as agreed upon even if he received the investment from the injured party, because the above company did not have any intent to pay the principal and allowances, as the monthly income was merely KRW 200,00

Nevertheless, the defendant deceivings the victim as above and acquired 2,400,000 won from the new bank account (H) in the name of G under the pretext of investment in two old accounts from the victim, that is, from the victim.

2. No person who violates the Act on the Regulation of Similar Receiving Acts and subordinate statutes shall engage in any similar receiving business of raising funds from many and unspecified persons without obtaining authorization or permission, or making registration or report under other Acts and subordinate statutes;

Nevertheless, the Defendant received 2,400,000 won from E without obtaining authorization under other Acts and subordinate statutes, and agreed to pay the total amount of the investment or the amount in excess of it in the future, and received similar amounts by importing the investment.

Summary of Evidence

1. A protocol concerning the examination of the police officers against the accused (two times);

1. Statement made by the police for E;

1. Application of Acts and subordinate statutes to remittance statements;

1. Relevant Article of the Criminal Act and Article 347(1) of the Criminal Act (the point of fraud) and similar reception of criminal facts.