If the defendant does not pay the above fine, KRW 100,000.

Notwithstanding the fact that a unregistered credit service provider, who did not register a credit business, lends a loan to B on January 23, 2013, the Defendant, at around 16:00 on January 23, 2013, agreed to receive a refund of KRW 1,00,000,000 including the principal and interest, every share over eight weeks (56 days) while lending KRW 8.25,000 to B at the house near the house located in the Dong-dong, Busan Metropolitan Government.

Ultimately, the Defendant violated the statutory interest rate limit by receiving interest rate of 196% per annum.

Summary of Evidence

1. Defendant's legal statement;

1. The police statement concerning B;

1. Application of Acts and subordinate statutes concerning specification of transactions;

1. Article 19 (2) 3 and Article 11 (1) of the Act on the Registration of Credit Business, etc. and Protection of Finance Users regarding criminal facts and the Selection of fines;

1. Articles 70 (1) and 69 (2) of the Criminal Act for the detention of a workhouse;

1. Article 334 (1) of the Criminal Procedure Act of the provisional payment order;