Defendant

A shall be punished by imprisonment for three years.

Defendant

Of the facts charged against A, fraud and false entry in the authentic deed.

Punishment of the crime

Defendant

A (hereinafter “Defendant”) served respectively as the representative director of G Co., Ltd. (hereinafter “Agricultural Company G”) from February 27, 2013 to November 29, 2013, and as the representative director of H Co., Ltd. (hereinafter “Agricultural Company H”) from June 10, 2013 to November 29, 2013.

On February 2013, the Defendant received loans from the Newan Mutual Savings Bank (hereinafter referred to as the “Newan Mutual Savings Bank”) and purchased mother money in a farm located in Chungcheongnam-gun I (hereinafter referred to as the “grant farm”) and then promoted the business of producing and raising own money and selling gender money to the market and realizing profits therefrom, and established the G of an agricultural company as a special purpose corporation for this purpose.

In addition, on March 8, 2013, the Defendant entered into a business and loan agreement with the new mutual savings bank (hereinafter “the first loan agreement”) with G to obtain a loan of KRW 3.5 billion on condition that it executes a loan only under the name of the given farm operating expenses with prior consent of the new mutual savings bank, and on the same day, transferred the ownership of KRW 760,000,000 to the new mutual savings bank (hereinafter “the first loan agreement”) owned by G, an agricultural company in a farm to secure the above loan obligation, and transfer the ownership of at least 760,000,000,000,000, to the new mutual savings bank (hereinafter “the first loan agreement”) with G to continue to occupy and use it by means of an alteration of possession.

In addition, around June 2013, the Defendant received additional loans from the Newan Mutual Savings Bank, and purchased mother money at a farm located in Hacheon-si (hereinafter “Hacheon City”) and then planned to produce and raise the money and to promote the business of realizing profits by selling the sexual money to the market, and established H in an agricultural company as a special purpose corporation for this purpose.

followed.