A and B shall be punished by a fine of KRW 1,000,000, and Defendant C shall be punished by a fine of KRW 2,000,00.

The Defendants respectively.

F Co., Ltd. on the third floor of the building in Gangnam-gu Seoul Metropolitan Government is a company established for the purpose of store start-up consulting, etc., and G is a team leader belonging to the above company, who recruited affiliated consultants or investors to receive investment funds, and reported the investment conditions to the company, and entered into a bilateral investment contract with the investment-receiving company, etc., as the person who was in charge of the business activities such as investment funds, or the invitation of investors, etc. under the direction of the team leader G as the contact group leader belonging to the above company, and H is a person who actually operates the J Co., Ltd. in Yeongdeungpo-gu Seoul Metropolitan Government I building 1201-1.

No one shall make an act of importing investments under an agreement to pay the total amount of investments or an amount in excess thereof to many and unspecified persons in the future without obtaining authorization or permission, or making a registration or report, etc. under other Acts and subordinate statutes.

Nevertheless, the Defendants and G received a request from H to invite investors in relation to K, which is a female spather brand operated by H, and after G instruct the Defendant A, who is a consortium with which he/she belongs, to prepare a contract, to induce investment funds to Defendant B and Defendant C, and according to the aforementioned division of duties, Defendant C asked F Co., Ltd. about the start-up of business around that time.

L by telephone, “in the event of an investment of KRW 100,00,000,000,000 or more per month as an entrusted manager of M department store “K” store, shall guarantee profits between KRW 2,00,000 or KRW 2,50,000 per year, and may be repaid or extended after one year.

Around January 5, 2012, Defendant B and Defendant C visited L and jointly with the J Co., Ltd. office to explain to the effect that “A, Defendant B, and Defendant C” are as follows: (a) around January 10, 2012; and (b) around January 10, 2012, Defendant A, Defendant B, and Defendant C are as L.