Defendant

A Imprisonment for four years, Defendant B shall be punished by a fine of KRW 5 million, and Defendant C shall be punished by a fine of KRW 3 million.

Defendant

B, .

Punishment of the crime

"2018 Highest 775"

1. Defendant A

A. In operating the “G Authorized Brokerage Office” in the F, the Defendant: (a) obtained the right from the owners of a large number of multi-household houses to manage studio rental agreements; (b) secured the proceeds by concluding a studio rental agreement to the victims who wish to make an investment; and (c) again leased the proceeds to the other tenants at monthly intervals and monthly rent to the other tenants (the so-called “investment on key deposits”).

In order to acquire the deposit money after promising it.

On March 2015, the Defendant would pay the monthly rent revenue accrued every month to the victim H at the above office on March 2015.

The phrase “ makes a false statement.”

However, the above studio had a tenant who had already resided in the above studio, so even if the victim entered into a lease contract, it was not possible to lease it again as monthly. At the time, the defendant did not have the intention or ability to pay monthly rent to the victim or return the monthly rent deposit received from a large number of investors, since the defendant was prevented from returning personal debts and monthly rent revenue to the investors.

Around March 27, 2015, the Defendant: (a) by deceiving the victim as above; (b) received KRW 2 million from the victim to the corporate bank account in the name of the Defendant; and (c) received a total of KRW 368 million from 7 victims on a 22 occasions, as indicated in the list of the first crime in the attached Table; and (d) exempted the Defendant from its obligation to pay money equivalent to KRW 18 million.

Accordingly, the defendant, by deceiving victims, received property and acquired pecuniary benefits equivalent to KRW 18 million.

B. The Defendant who forged a private document or carried out a document of the above investigation is K. H. When he/she resides in a foreign country.