However, the execution of the above punishment shall be suspended for two years from the date this judgment becomes final and conclusive.

"2016 Highest 2953"

1. On October 1, 2015, the fraud Defendant made a false statement to the victim E, “When investing 2.5 million won in F in one unit, 200,000 won per day, excluding weekends, and the principal will be paid after 15 months.”

However, from the end of September, 2015, the Defendant was planning to invest in other investment products instead of investing in F even if the Defendant received money from the said F, and did not have any intent or ability to receive the money from the said F.

As above, the Defendant, by deceiving the victim E, received 5 million won from the new bank account in the name of the Defendant, and acquired 61.8 million won as a sum of 7 times from the victim 4 to the day from the day of the crime list as described below, from the day to the day from the day from the day of the above day to the day from February of the same month.

2. No person who violates the Act on the Regulation of Conducting Fund-Raising Business without obtaining any authorization, permission, registration, report, etc. under other Acts and subordinate statutes shall engage in the business of receiving any investment under the agreement to pay the total amount of investment or an amount in excess thereof from many and unspecified persons in the future;

Nevertheless, the Defendant, without obtaining the authorization, permission, registration, or reporting from the competent authorities, was engaged in an act of fund-raising without having to attract a total of 61.8 million won from four investors as stated in the following crime list in the manner described in paragraph (1).

The Defendant of “2016 Highest 6703”, under the name of the group called “J” with G, H, I, etc., established several corporations under its jurisdiction, and subsequently publicly offered to receive money as investment money from many unspecified persons, under the pretext of a bypass listing. Accordingly, G, as a “general president,” provides the initial business fund.