Defendants shall be punished by imprisonment for two years.

Punishment of the crime

Defendant

A is a representative director of F, and Defendant B is a person who actually operates (ju) G, a corporation (hereinafter referred to as “stock company”).

From April 201, the Defendants were unable to pay the construction cost to the subcontractor due to the shortage of funds while performing the construction work with the I apartment construction project that was being newly built in the Seo-gu, Seo-gu, Seo-gu, Seo-gu, Incheon.

The Defendants entered into a contract with the victim (J) on February 3, 2015 with respect to the instant apartment construction; (3) on February 3, 2015, with the period of KRW 320 million; (4) from February 3, 2015 to March 20; and (5) on March 13, 2015, with respect to the payment of the construction cost within KRW 105 billion; (4) on March 13, 2015, with the victim’s payment date of KRW 105 billion; and (5) on March 13, 2015, with the victim’s payment date of KRW 300,000,000; and (5) on April 10, 2015, with the victim’s payment date of KRW 305,000,000,000; and (2) on April 30, 2015, the victim’s payment date of the construction cost to the Corporation.

However, the Defendants have already undertaken construction works at the time.