1. The plaintiff's claims against the defendants are all dismissed.

3. The costs of lawsuit shall be borne by the Plaintiff.

1. Basic facts

A. On August 12, 2016, Defendant B Co., Ltd. entered into a contract with the Plaintiff to sell KRW 130,000,000 of the price of H-based forest land (hereinafter “the instant forest”) to the Plaintiff. Upon receiving KRW 6,573,400 from the Plaintiff as the cost for the registration of transfer of ownership of the instant forest, Defendant B completed the registration of transfer of ownership with respect to the instant forest land on August 31, 2016.

B. Defendant I is the representative director of the Defendant Company, Defendant E and F are inside directors of the Defendant Company, and Defendant D is the auditor of the Defendant Company.

[Grounds for Recognition] Unsatisfy, entry of Gap evidence 1, 2, and 3, the purport of the whole pleadings

2. Judgment on the Plaintiff’s assertion of the cause of claim

A. On January 23, 2014, the Defendants established the Defendant Company for the purpose of committing a planned real estate fraud. 2) The Defendants purchased the instant forest from J on July 21, 2016 in the name of the Defendant Company in the name of KRW 45,000,000.

3) On August 2016, the Defendants recommended the Plaintiff to enter into a sales contract by making a false statement that the instant forest would soon be developed. However, Defendant G, an employee of the Defendant Company, made a false statement that the instant forest would be established and promoted a sales contract to prevent delay in purchase. 4) The Defendant (the Defendants did not identify one of the Defendants) explained the Plaintiff as if the Plaintiff were the land subject to sale, not the land subject to sale, was the land subject to sale.

5) The Plaintiff’s purchase price of the instant forest from the Defendant Company is KRW 130,00,000,000 as at the time the officially announced value of the instant forest is 50 times. 6) The Defendants jointly and severally, pursuant to Article 401(1) of the Commercial Act, shall compensate the Plaintiff for damages worth KRW 130,00,000 and KRW 6,573,400, total of the purchase price of the instant forest land and KRW 136,573,40,00, as well as the transfer registration cost, pursuant to Article 401(1) of the Commercial Act.

The defendants are the defendants.