"Do Kwon: I'm not on the run...." You better be because
Article 347 of the Criminal Act punishes a person who defrauds another, thereby taking property or obtaining financial advantage from another. A person who violates Article 347 or 347(2) of the Criminal Act is punished by imprisonment with labour for up to 10 years, or a fine of up to KRW 20 million ($14000). So he could pay 14 grand and get over with ? Not really -> Under the Act on Aggravated Punishment and so on of Specific Economic Crimes, the person is subject to an aggravated punishment of:
- Imprisonment with labour for at least three years, if the amount of profit obtained is at least KRW500 million but less than KRW 5 billion ($3.500.000)
-Imprisonment with labour for an indefinite term or at least five years, if the amount of profit is KRW 5 billion or more ($3.500.000)
Right to bail.
An accused person can request release on bail, irrespective of the type of crime. Release on bail is not permitted before a suspect is formally accused. The court should allow release on bail unless any of the following applies:
- The defendant is accused of an offence punishable with the death penalty, or imprisonment for an indefinite term or for a maximum term of more than ten years.
- The defendant is a repeat offender or commits habitual crimes.
- There are reasonable grounds to suspect that the defendant has destroyed or may destroy evidence.
- There are reasonable grounds to suspect that the defendant has fled or is likely to flee.
- The defendant's place of dwelling is uncertain.
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