I've been accused of fraud for an integrated refinancing loan.

Hello.

It appears that the inquirer was conducting integrated refinancing loans (also known as loan rolling) to convert high-interest loans to low-interest ones and reduce repayment burden while having debts at multiple financial institutions.

In the actual loan process, you also went through formal screening at commercial banks and the loan was executed, so this procedure itself is not illegal nor is there a basis to view it as loan fraud.

If there were no circumstances of intentionally telling false facts or deceiving the other party (if you had repayment ability), it means there is no reason to be sued for fraud.

Also, you cannot be held responsible for not deliberately disclosing unfavorable content not specified in the contract or laws (Ulsan District Court 2023Godan708).

Considering these circumstances comprehensively, if the inquirer proceeded with a normal loan without fraud purposes and there was no clear deceptive act, it can be said that there appears to be no charges.

Therefore, the possibility of being punished by being subjected to a fraud complaint appears low.

Of course, if a fraud complaint is filed, there is a possibility of punishment under Article 347 of the Criminal Code, but this can only be established when there was a deceptive act, financial benefits were obtained as a result, and intent and planning are also proven.

Therefore, if you receive a police investigation due to the fraud complaint, it is important to consistently explain these facts and submit as much material as possible that can prove the situation at the time, such as loan contracts, consultation contents, text messages, and recorded files.

Fraud complaint cases can be legally complex, so rather than responding alone, I recommend that you actively respond by consulting with legal experts such as attorneys.