A defendant shall be punished by imprisonment for not less than eight months.

Punishment of the crime

From July 2014, the Defendant operated the precious metal shop “D” in Dongducheon-si, Dongducheon-si.

around August 2015, the Defendant had a debt of KRW 33,00,000 to E. In addition, the OK Savings Bank, Industrial Complex and M&M, and Cho have a debt of KRW 50,000,000 to a lending business entity, such as a loan, and caused economic difficulties, such as that interest on the above debt was not paid from time to time.

At around September 2016, the Defendant would invest the project funds to be used as the store operating expenses in the victim F. It would give 40% of the profits and 100% of the refund within one year.

“A person by deceptioning the victim to receive KRW 1 million on September 13, 2016 from the victim’s account under the name of the Defendant, KRW 3.8 million on September 29, 2016, KRW 1.5 million on October 31, 2016, KRW 5 million on November 30, 2016, KRW 1.5 million on December 20, 2016, KRW 1.5 million on December 23, 2016, KRW 8 million on January 24, 2017, and KRW 2.9 million on January 26, 2017.

However, due to the above circumstances, even if the Defendant received money from the injured party under the pretext of the investment deposit, the Defendant was thought to use the money from the injured party for an individual purpose that is not related to the operation of precious metals.

As such, the Defendant, by deceiving the victim, was given KRW 22.9 million from the victim.

"The defendant of 2017 Highest 4550" around August 2015, the defendant of the 2017 Highest 4550 has to set off a gold at the victim E in a store, and he/she has to pay the full amount until May 2016, when he/she has lent money due to a shortage of funds.

“A false statement” was made.

However, in fact, the Defendant had a debt of KRW 6 million to G, and the OK Savings Bank, Busan and Puss, and Cho have a debt of KRW 60 million from the lending business entity, such as the loan, and the interest on the above debt is not smooth.