A defendant shall be punished by imprisonment for not more than ten months.

Punishment of the crime

【Criminal Records】 The Defendant is a person who was sentenced to imprisonment with prison labor for one year and six months and two years of suspended sentence for fraud at the District Court on June 19, 2015, and the said judgment became final and conclusive on June 27, 2015.

【Criminal Facts】

1. The Defendant is a person who has operated E with the 7th floor location of the D Building in Manyang-gu, Manyang-gu.

In fact, E, a stock company in which the Defendant was operating, did not have any intent or ability to return the invested principal and profits to the victim by investing them in stocks or bonds, etc. and did not have any investment in an amount equivalent to KRW 7 billion from other investors, while its liabilities amount to KRW 170,000,000,000,000, and its financial status was insufficient as a business loss amounting to KRW 540,000,00,000,000,000,000,000,000,000,000 won.

On July 3, 2010, the Defendant established an asset management agency that pays profits through the purchase of funds, stocks, and bonds to the victim at H coffee shop located in Daejeon-gu Daejeon-gu, Daejeon-gu, stating, “The Defendant has already invested KRW 7 billion in the finished product of August 3, 2010, which is short of KRW 50 million. If a short-term investment is made by six months until January 30, 201, the Defendant will make an investment of KRW 7 billion in the name of the company.” On August 5, 2010, the Defendant acquired money from the victim to the corporate bank account in the name of the Defendant’s name by acquiring KRW 50 million in terms of the purchase of stocks, bonds, etc.

B. The Defendant.