Defendant shall be punished by a fine of KRW 700,000.

If the defendant does not pay the above fine, 50,000 won.

Punishment of the crime

On June 17, 2011, the Defendant made a false statement to the victim C who did not receive a loan due to low credit rating in order to raise a business fund at the Defendant’s house located in the Busan Dong-gu, Busan. The Defendant made a false statement to the effect that “If he repeats immediately to receive a small amount of loan and repay it. I would have to pay money directly to the recipient of the loan.”

However, even if the defendant receives money from the victim, the defendant did not have the intent or ability to allow the victim to obtain the loan.

The Defendant, by deceiving the victim, had the victim borrow money from a lending business entity, such as R&C Capital, Busan, etc., and wired a total of 3 million won to the account designated by the Defendant, and then delivered the money to the 2 million won loan hub among them, and acquired the remainder one million won by deceiving the victim as a fee.

Summary of Evidence

1. Defendant's legal statement;

1. Second police suspect interrogation protocol against the accused (including the C’s statement);

1. Statement of the police statement regarding C;

1. C Application of the Acts and subordinate statutes governing filing of complaint;

1. Relevant provisions of the Criminal Act and Article 347 (1) of the Criminal Act concerning the choice of punishment;

1. Articles 70 and 69 (2) of the Criminal Act for the detention of a workhouse;

1. It is so decided as per Disposition for not less than Article 334(1) of the Criminal Procedure Act.