A defendant shall be punished by imprisonment for a term of one year and four months.

Punishment of the crime

On June 17, 2011, the Defendant was sentenced to 10 months of imprisonment for fraud at the Ulsan District Court and 2 years of suspended execution, and the above sentence became final and conclusive on the 24th day of the same month.

Around November 2007, the Defendant displayed a real estate sales contract concluded with the victim E at the office located in the Busan So-gu Busan Metropolitan Government C, which entered into with the victim E, and “Until now, 1.7 billion won was entered into when purchasing the land and paying the down payment and the intermediate payment, and if lending money, he would pay the balance of the land, and on January 16, 2008, he would pay the remainder of the land.” On December 26, 2007, at the Kca shop located in the Seodong-gu Busan Metropolitan City, Busan Metropolitan City, to the effect that “If the Defendant lends KRW 100 million to the victim, 30 million was paid at the interest rate of KRW 16,000,000,000,000,000,000 won, or 208,000,000,000 won, so that the Corporation may secure the claim under the name of the victim by establishing a mortgage in the name of the victim.”

However, in the course of concluding a real estate sales contract with L, M, N,O, P, Q, etc., each of the above land owners, only paid approximately KRW 65 million, which is part of the down payment, to M, and did not pay the down payment to the remaining land owners. Since the above land contains a majority of the agricultural and forestry land, it is unclear whether it is possible to obtain designation of the Class-II district unit planning zone and building permission from the macro-ray audience, and accordingly, the bank did not have any intent or ability to obtain a loan from the victim even if it borrowed money from the victim.

Around December 21, 2007, the Defendant, by deceiving the victim as such, transferred KRW 9 million to the Defendant’s Gyeongnam Bank account in terms of forest purchase funds, etc. from the victim, and KRW 100 million to the account in the name of R around December 26, 2007, respectively.