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

However, the execution of the above sentence shall be suspended for a period of two years from the date this judgment becomes final and conclusive.

Punishment of the crime

The Defendant is a person who had been operating “C”, a steel distributor, from around August 2013.

The facts are as follows: (a) the Defendant purchased steel on credit and sold it in other places and operated C in a way that left about 5% macy of 5%; (b) the Defendant, from around 2005 to around 2015, had been liable for the Defendant’s debt up to KRW 150 million; (c) even if the Defendant sold the steel supplied by the victims, such as D, to others and received the payment, it was thought that most part of the delivery price was paid to the victims, and that most of them were used for shares investment or cost of living.

1. On August 2015, the Defendant would offer the price at the end of November when he/she delivers steel plates to the victim D by telephone at the office of “C” located in Daejeon Seo-gu, Daejeon E.

On September 2, 2015, the parts belonging thereto were supplied with iron plates equivalent to KRW 16,598,120 from the injured party, and were supplied with iron plates equivalent to KRW 19,24,610 around October 1 of the same year in the same manner, and paid KRW 3,757,192 among them, and did not pay KRW 32,085,538, and did not pay KRW 32,085,538.

2. On September 2015, the Defendant would make a settlement of the price at the end of November when he/she supplies the iron plate to the victim H in the Sincheon-si, F. G in the Sincheon-si, which he/she operates.

In a false manner, the parts belonging thereto are supplied with iron plates equivalent to the amount of KRW 10,764,578 on September 3, 2015 from the damaged person, and are supplied in the same manner.

9. Around 25, KRW 5,537,846 of the same year, KRW 7,502,825 of the same year, or KRW 5,021,781 of the same year around October 7, 10 of the same year, or KRW 31,100 of the same year after being supplied with a steel plate equivalent to KRW 2,273,159 of the same year, and being supplied with a steel plate equivalent to KRW 31,50,190 of the same year, after being paid KRW 17,502,424 of the same amount, the remaining amount of KRW 13,597,766 of the same amount was not paid.

3. On October 2015, the Defendant would make a settlement at the end of November when he/she supplied a steel plate to the victim I at the above C office to a police officer.

A false statement shall be made.