Defendant

A shall be punished by imprisonment with prison labor for up to eight months, and imprisonment with prison labor for up to six months.

except that this judgment shall be subject to each of the following subparagraphs:

Punishment of the crime

The Defendants, while promoting a housing project in Ulsan-gu, Ulsan-gu, U.S.F., conspired to acquire economic benefits by deceiving the victim G (the aged 81) who is the co-owner of the F forest in Ulsan-gu, Ulsan-gu, by deceiving financial institutions, etc. that do not have financing, and by having the victim, his/her father, H, and I provide the said forest shares as security.

On December 2, 2010, the Defendants made a false statement that “I would add value to the amount of money borrowed to make an investment in the business of the land” to the victims at the office of the Ulsan-gu J Co., Ltd., Ulsan-gu, Ulsan-gu, that I would add to the amount of money borrowed, and that I would make a contract with the victims.”

Since then, the Defendants provided the victim, H and I’s shares in the forest as collateral and sought a loan from a financial institution, but the above forest was not made as co-owners.

Accordingly, on February 14, 201, the Defendants agreed to borrow KRW 100,000,000 from K, which was known to the general public, for six months from the date of borrowing the due date, the principal amount of the repayment amount of KRW 100,000,000,000, and concluded that on February 14, 201, the Defendants would make a false statement to the effect that if they make an investment in the land business again to the victim or to make an investment in the land, they would make an amount twice the borrowed amount.

However, in fact, the project site, including the above woodland, was designated as the school site around December 4, 2004, and is designated as the school site until now. Since the alteration of the use of the project site is not entirely reflected in the establishment of the Ulsan Metropolitan City Basic Urban Planning in 2025 and the Urban Management Planning Treasury Expenses in 2020, there is no possibility for the Defendants to implement the project site under the premise of alteration of the use of the project site, and the Defendants did not have the ability to pay KRW 200 million to K within six months.

The Defendants borrowed KRW 100 million from K at the above J office around February 14, 201.