Wonju Attorney Recommendation | A Fraud Victim Client Referred by a Wonju Attorney Recommendation, Successfully Obtaining a Sentence of Imprisonment for the Perpetrator

The punishment and sentencing for the crime of fraud are set out in the Criminal Act.

Under the Criminal Act, the crime of fraud is punishable by imprisonment for not more than 10 years or a fine not exceeding 20 million won; however, where the amount of gain is 500 million won or more, aggravated punishment is imposed pursuant to the ‘Act on Aggravated Punishment of Specific Economic Crimes.’

∙ Where the amount of gain is 500 million won or more but less than 5 billion won, imprisonment for a definite term of at least 3 years
∙ Where the amount of gain is 5 billion won or more, life imprisonment or imprisonment for a definite term of at least 5 years

In addition, a fine corresponding to an amount up to the amount of gain may be imposed concurrently.

The amount of harm suffered by the client, who came on the recommendation of a Wonju attorney, was approximately 3 billion won, so the perpetrator may be subject to 🔗aggravated punishment for specific economic crimes.

For the client who came on the recommendation of a Wonju attorney, Daeryun asserted the fraudulent acts committed by the accused and the amount of harm suffered.

The accused was the operator of a private academy, and the client was a parent of one of its students. Under the pretext of purposes such as the child’s winning awards in external competitions, the accused received remittances of approximately 3 billion won over two years for items such as textbook fees, academy tuition, and special private tutoring fees, thereby misappropriating that money.

Citing various excuses, the accused has not repaid any of the money to this day and has not even promised any repayment plan.

On the contrary, the accused told the client that the money in this case could be repaid only if additional money were lent, and even pressed the client to lend further sums.

The Daeryun Wonju attorney asserted the criminal acts of the accused on the basis of Supreme Court precedents and other authorities.

Although the accused had no ability to repay at the time of each of the above loans, he obtained a pecuniary benefit by deceiving the client into believing that he could repay if given a little more time, or that he could repay the earlier borrowed amounts only by securing a loan that met additional loan conditions, and thereby borrowed further money.

For the client who came on the recommendation of a Wonju attorney, Daeryun emphasized that, because the nature of the accused’s offense was very serious, he should receive a severe punishment.