All appeals filed by the prosecutor against the Defendants are dismissed.

1. The summary of the grounds of appeal reveals that the Defendants attempted to withdraw from H the nominal money, such as service charges.

2. The summary of the facts charged is a person who is working as the vice president of G from February 17, 2014 to April 15, 2016, and was in charge of financial affairs, such as intermediate payment and design, while working as the managing director of G, Defendant B, from September 1, 2009 to April 30, 2016, who was in charge of the managing member of the limited liability company’s G director while working as the managing director of G, and Defendant C, from August 5, 2013 to April 30, 2016.

H as the representative director of G Co., Ltd. on July 25, 2013, around July 25, 2013, established J, K, and L in the form of a limited liability company (J, and L), around August 12, 2013, and appointed K, K, and L as the managing member, who is the representative of the said three limited liability company, and followed L Co., Ltd. under the name of J, K, and L with limited liability company (J, K, and L), awarded a successful bid for Sejong M life zone N,O, and P block from L Corporation to July 2014, by inviting members of the limited liability company from March 201 to make investments in and from July 2014.

H In accordance with the foregoing plan, by attracting the licensing loans paid under the name of J and K of a limited liability company, H continued to engage in the R business in Sejong City M living zone N and O block. A limited liability company L selected the comprehensive financial securities as a company in charge of financing around February 2016 for the promotion of the P block in Sejong City M living under the name of the limited liability company L, and entered into a financial advisory contract on loans for project costs, such as the comprehensive financial securities and land and construction cost, around March 2016, and selected the KB real estate trust as a trust company and carried out the business.