A defendant shall be punished by imprisonment for six months.

Punishment of the crime

On May 31, 2013, the Defendant was sentenced to eight months of imprisonment for a crime of fraud at the Seoul Southern District Court (Seoul Southern District Court) and completed the execution of the sentence on August 8, 2013. On July 21, 2016, the Defendant was sentenced to ten months of imprisonment for a crime of fraud at the Jungbu District Court and the judgment became final and conclusive on July 29, 2016.

1. On November 15, 2013, the Defendant committed the crime against the victim C at the office of the Gangnam-gu Seoul Metropolitan Government D Building E, stating that “A victim C is operating a used vehicle sales store of H from this kind of private village in Dongdaemun-gu, FF, the birth village of this kind F, with a vehicle in this Dongdaemun-gu, and collected money by lending money with a vehicle as security, if the vehicle is lent money as security, the Defendant would be paid with interest of 7% per month and principal, and the vehicle to be provided as security need not be informed because the value of the security becomes clear.”

However, as the defendant was under bad credit standing without any special property, he received money from a vehicle with no value of property due to a theft report or seizure of tax in arrears, etc. and thought to use it for personal purposes, such as living expenses, and he did not have the intent or ability to repay the borrowed money and interest as agreed to by the victim.

On November 18, 2013, the Defendant, by deceiving the victim as above, received KRW 2,232,00,000 from the injured party as collateral 2,230 vehicles of the same day, KRW 1,5810,000,00 as security, and KRW 1,581,00,000 as KRW 3.2 vehicles of the FSI Quon on November 18, 2013, and KRW 1,488,00 as Defendant I’s corporate bank account, respectively.

Accordingly, the Defendant was given a total of KRW 53 million from the victim by deceiving the victim.

2. On March 26, 2014, the Defendant committed a crime against the Victim J: “H” in the victim’s “H” located in the Seongdong-gu Seoul Metropolitan Government K Building 407 on March 26, 2014, the Defendant would provide the victim with the money rapidly needed, and would provide the Plaintiff with the L’s representative director, a stock company, as a collateral, with the L’s vehicle at KRW 30 million after the lapse of one month.