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A defendant shall be punished by imprisonment for four years.
Of the facts charged in the instant case, victims G, E, and F respectively.
Reasons
Punishment of the crime
On May 202, the Defendant established a Broadcasting Equipment Development and Manufacturing Business Co., Ltd. (hereinafter “I”) in Seocho-gu Seoul Metropolitan Government H for the purpose of manufacturing three saws and supplying them to a Chinese broadcasting station. On June 2002, the Defendant was a person who established K (hereinafter “L”) on the 12-dong and 4-dong and 12-dong and 4-dong and 12-dong and 2 as vice-chairpersons of China.
1. The Defendant violated the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Fraud) in March 2004, at the N office of the victim D's operation in Gwangjinyang M around March 2004, set up L in China to supply the victim with three saws to the Chinese broadcasting station.
If the Chinese government has already entered into a contract with the Chinese government, it is possible to make an investment in the product.
The investment money will be put into the development and production of the three saws and it will promptly produce the product.
I will subscribe to KRW 25,00 per share of KRW 10% of the shares of KRW 30,00 per share, and will offer 10% of the proceeds if the investment is made in the project.
“A false representation was made.”
However, the expression of facts charged is partly modified to the extent that it is not likely to substantially disadvantage the defendant's exercise of the right of defense.
At the time, I was established in the Republic of Korea for the defendant's Chinese business, and there was little real value of the shares. The Chinese business has already been over two years, but the business was neglected without success in the two direction-to-door development. The defendant was in an urgent situation for the defendant to repay the existing debt by lending money from several services. Thus, the defendant did not have any intent or ability to receive investment money from the person who suffered damage and make up for the production and delivery of the three-to-saws and to distribute the profits by producing the products between 10,000s.
Nevertheless, the defendant belongs to this.