[Ulsan Fraud Attorney Case] Ulsan Fraud Attorney Obtains a Four-Year Prison Sentence for the Perpetrator of Loan Fraud Through Assistance in filing a Complaint

The account that the Ulsan fraud attorney heard from the client through consultation is as follows.

The client requested that Daeryun provide assistance in filing a complaint in order to pursue a criminal complaint regarding this matter.

Acquiring another person's property through unlawful means, as the defendant did above, constitutes an economic crime, which includes fraud, extortion, breach of trust, and embezzlement.

If the amount exceeds 500 million won, the Act on Aggravated Punishment of Specific Economic Crimes applies.

The Act on Aggravated Punishment of Specific Economic Crimes refers to a Violation of the Act on Aggravated Punishment of Specific Economic Crimes,

under which a person who commits the offenses under Article 347 of the Criminal Act (fraud), Article 347-2 (fraud by use of a computer), Article 350 (extortion), or Article 355 (embezzlement and breach of trust) is subject to aggravated punishment according to the following classifications when the value of the property or pecuniary benefit acquired through the criminal act, by the offender or by a third party, is 500 million won or more.

If a person is charged with the crime of fraud, the maximum penalty is imprisonment of up to ten years; however, if the amount of the gain is 5 billion won or more, the charge under the Act on Aggravated Punishment of Specific Economic Crimes is aggravated, and the person may be subject to up to life imprisonment.

In other words, the larger the amount of the loss, the heavier the penalty becomes.

If you have been defrauded of a loan and, as in the case of the defendant above, the funds were used for gambling or similar purposes, there is a high likelihood that the money cannot be recovered.

It is therefore advisable to consult promptly with an attorney specializing in this field and to proceed with measures such as a provisional attachment.

If you wish to have the perpetrator punished by pursuing a criminal complaint in addition to a claim for damages, it is advisable to seek the assistance of an attorney specializing in the crime of fraud.

At Daeryun, an attorney specializing in the crime of fraud assists clients on the basis of extensive experience and specialized knowledge in fraud litigation.

If you are facing a concern similar to that of the client above, you are welcome to request a consultation with an attorney at Daeryun who specializes in the crime of fraud in Ulsan.