A woman in her 50s, who met a fellow inmate while incarcerated, was sentenced to prison for carrying out a fraud scheme worth over 2 billion won by deceiving her prison acquaintance. Photo by Yonhap News
[Asia Economy Reporter Hana Na] A woman in her 50s who served time in prison for fraud was sentenced to prison again after deceiving a fellow inmate she met while incarcerated and carrying out another fraud scheme involving over 2 billion won.
On the 20th, the Ulsan District Court sentenced A (50, female), who was tried on charges of violating the Act on the Aggravated Punishment of Specific Economic Crimes (fraud), to four years in prison.
A is accused of extorting a total of approximately 2.191 billion won from B, whom she met in prison in May 2018, over about 100 instances during a year. A lured B by saying, "If you invest in a logistics distribution business run by an acquaintance, you will gain a large profit."
Previously, A was sentenced to three years in prison for embezzling about 2.5 billion won from 13 victims in 2009. A met B while serving that sentence.
The court explained the sentencing, saying, "Considering the duration of the crime and the scale of the damage, the nature of the crime is not good," and "Given the defendant's prior punishment for similar crimes and the fact that the damages have not been fully recovered, the defendant was sentenced to imprisonment."
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