Defendant

A shall be punished by imprisonment with prison labor for ten months and by imprisonment for four months.

However, this judgment is delivered against Defendant B.

Punishment of the crime

[2013 Highest 3195]

1. The Defendant’s fraud against Defendant A was sentenced to two years of imprisonment with prison labor at the Seoul Southern District Court on August 7, 2009 and the judgment became final and conclusive on October 29, 2009.

On December 20, 2006, the Defendant purchased the right to occupy the 33th square apartment complex of Seoul Urban Development Corporation with respect to the housing that is admitted as public development at the prime level of the KRW 80 million. The Seoul Urban Development Corporation may punish a large amount of money at a time, as it sells the housing amounting to KRW 6-7 million per square day to a much less than the market price. (b) The Defendant made a false statement to the effect that “B is an expert in this field.” The Defendant purchased the right to occupy the 33th square apartment complex of Seoul Urban Development Corporation with respect to the housing that is admitted as public development.”

However, the Defendant only has 15 apartment houses in Guro-gu Seoul Metropolitan Government G, H, and I, which had no plan to promote an urban development project at the time of completion permission, and there was no intention or ability to purchase apartment houses sold by the Seoul Urban Development Corporation even if the Defendant received the purchase price from the victim.

Around December 206, 2006, the Defendant, by deceiving the victim, received 40 million won as the down payment from the victim, and acquired 80 million won in total as the remainder on May 2, 2007 and acquired 40 million won as the remainder.

[2014 Highest 1371]

2. On August 7, 2009, Defendant A was sentenced to two years of imprisonment with prison labor at the Seoul Southern District Court for fraud, and the said judgment became final and conclusive on October 29, 2009.

On August 26, 2008, the Defendants, at a bar office located in the Yangcheon-gu Seoul Metropolitan Government K, Defendant A, “We first grasp the location at the Seoul Metropolitan Government Office or the Guro-gu Office to expropriate it as a park site or road site, and purchased the real estate at the point at the intermittent value and received the right to move into an apartment with compensation in accordance with the market price, and take considerable benefits.

6. Business Funds