A defendant shall be punished by imprisonment for two years.

Punishment of the crime

The Defendant, as E, has been with a mid-to-midstanding in the D Motor Vehicle Trading Complex, has been running a heavy trading business in such a way as to purchase part of his own money and a high-end vehicle with another person's investment, and pay half of the principal of the investment and the profits from the sale.

On August 11, 2014, the Defendant made a telephone call to the victim F, and made a false statement to the effect that “If the highest purchase amount is KRW 23,00,000,000, which is KRW 12,000,000, is deposited, the remainder will be paid in advance. When depositing money, the Defendant purchased a low-priced vehicle and would return it with the principal.”

However, from July 2013, the Defendant was unable to recover the vehicle sales price or was involved in fraud and continued to pay the principal and profits while running business with the investment money from others. Even if the Defendant received the investment money from the victim F, the Defendant was thought to prevent the previous investors from returning the principal and interest paid to the former investors without any intent to purchase the vehicle, and the Defendant did not have any intent or ability to pay the principal and interest of the investment to the victim since he was hospitalized in the hospital due to disease, such as vid land, around October 2013 and around March 2014.

The Defendant received KRW 12,00,000 from the Victim F to October 14, 2014 under the same day as the above method, including the fact that the Defendant received KRW 12,00,000 from the Victim F for the same day investment, and from the said date to the day on which October 14, 2014, the Defendant received KRW 280,400,000 in total from the Victim F for the investment in total seven times from the victim F. From August 29, 2014 to October 1, 2014, the Defendant received KRW 147,00,000 in total from the Victim G for the investment in total three times, as described in paragraphs (8) through (10) of the Attached List of Crimes, and around October 14, 2014, the Defendant received KRW 30,000,000 for the investment in Korea from the victim H as stated in paragraph (11) of the Attached Table of Crimes.