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

Punishment of the crime

C At the same time, the Defendant recruited the loan applicants, and delivered them to D with passbooks, OTP, physical card, credit card, cell phone, identification card, etc. necessary for loan fraud, and thereafter the loan is executed, the Defendant would receive a certain rate of commission. D forged relevant documents, such as the certificate of employment and the statement of payment, as if the loan applicants are working for a related corporation established in advance by using the passbook, identification card, etc. of loan applicants received from C, and applied for the loan at the same time to multiple financial institutions and loan companies, and the Defendant conspired to receive the loan in the above manner, with C and D, after being aware of the above fact.

1. On February 2016, upon receipt of C’s order, the Defendant, who wishes to borrow a loan in accordance with the above conspiracy, sent him/her to D with Kwikset Service, such as his/her passbook, physical card,OTP, official certificate, identification card copy, personal identification card copy, and portable telephone, and D, by using the above documents, prepares false documents, such as payment details, health insurance qualification acquisition certificate, health and long-term medical insurance premium payment certificate, as the Defendant had held office in F, a corporation of his/her old age.

On November 10, 2016, the Defendant prepared a loan transaction agreement with a loan of KRW 15 million in the name of the Defendant at an office located in the area of Hoyang-dong, Chungcheongnam-si, Chungcheongnam-si, and submitted documents, such as the above payment details, health insurance qualification confirmation, etc., prepared to the effect that the Defendant is working for a stock company F at that time.

However, the defendant did not have served as the above corporation F. However, in order to obtain a loan, since D created F. as a floating corporation, and the defendant prepared false documents as if he were in office in the above corporation, the victim.