"Just lend me 200,000 won"... A man in his 30s sentenced to prison for borrowing money a thousand times and extorting 300 million won

"Borrowing with 'Urgent Need for Money' and Not Repaying"
Court: "Bad Nature of Crime"... Sentenced to 3 Years Imprisonment

A man in his 30s who extorted more than 300 million won from acquaintances nearly 1,000 times by borrowing money under the pretext of "needing money urgently" was ultimately sentenced to prison.

On the 23rd, Judge Lee Eun-sang of the Chuncheon District Court Criminal Division 3 announced that A (30), who was indicted on charges of fraud, was sentenced to three years in prison.

In May 2020, A borrowed money from his coworker B, saying, "I have to pay a fine of 700,000 won for violating the Reserve Forces Act," and "I am short of 200,000 won, but I will repay it after receiving 850,000 won for work in a few days."

At the time, it was confirmed that A had no significant assets and was burdened with debts including about 30 million won in private loans. Using similar lies, A extorted over 130 million won in 286 instances over a period of one year and five months.

Additionally, A borrowed money from C, the CEO of the company where he worked, using the same method. Over one year and ten months, he took about 224 million won in 642 instances without repaying it, and was eventually prosecuted for fraud.

The judge stated, "A committed the crimes by exploiting personal trust relationships, and the victims are also pleading for severe punishment."

He further explained the sentencing rationale, saying, "The defendant committed separate fraud offenses against his coworkers, and continued the crimes even after a guilty verdict was confirmed, showing extremely poor criminal conduct."

This content was produced with the assistance of AI translation services.