Defendant

C A person shall be punished by imprisonment of one year and six months.

Defendant

A and B are not guilty.

On July 20, 2012, the Defendant was sentenced to one year and two months of imprisonment for fraud at the Seoul Central District Court and two years of suspended execution, and the judgment became final and conclusive on July 28, 2012.

On June 10, 2010, the Defendant took over entertainment establishments operated under the name of “J” in Gangnam-gu Seoul (K on February 10, 2010) from Gangnam-gu, and at the time of marina loan that A and B received from a victim L bank (hereinafter “victim bank”), the victimized bank provided to employees of Gangnam-gu amusement establishments as security for prepaid loan (titleing) loans, which are granted to employees of entertainment establishments, such as marina and contact loan. The Defendant succeeded to KRW 90 million. After that, the Defendant: (a) prepared a new loan in the name of the Defendant to take over the above loan; (b) prepared a new loan in the name of the Defendant; (c) prepared a new loan in the name of the Defendant; and (d) received the pre-paid loan in the name of the employee of the relevant entertainment establishments; and (d) prepared a new document in the name of the Defendant’s pre-paid loan; (c) prepared a new document in the name of the employee of the relevant entertainment establishments as security; and (d) received the latest loan; and (c) made the payment in the latest loan.