A. B: (a) around February 2008, F Co., Ltd.; (b) around October 2014, G Co., Ltd. was established; and (c) around September 2010, established overseas corporations, including H and other foreign corporations, and carried out projects such as FX M&C brokerage; and (d) Shephering gas investment projects in the United States.

(hereinafter referred to as “FX M&C, etc.”). B, while carrying out the above project, at the F offices located on the eightth floor of the I building in Yeongdeungpo-gu Seoul Metropolitan Government, at the G offices located in Yeongdeungpo-gu, Seoul, J, 23, and at the 18 branch offices in Seoul, the branch office head shall be the head of the headquarters in accordance with the investment attraction performance by each branch office; the head of the headquarters shall have a multi-level business organization consisting of the head of the branch office, the head of the headquarters, the head of the team, and the head of the team; and the head of the headquarters shall pay 5-7% of the monthly investment attraction amount to each branch; and if B pays 5-7% of the monthly investment attraction amount to each branch office, the remaining restrictions on the dividend payment to be paid to investors by the head of the branch office shall be imposed on the head of the branch office, the head of the headquarters, the head

B. Defendant E, who works as the head office in charge of attracting investors, was affiliated with the K branch L located adjacent to the headquarters of G Co., Ltd., and the head office responsible for attracting investors, and Defendant E, using the aforementioned multi-level sales organization, proposed that, around November 2016, M of K branch employees of the said multi-level sales organization, raise the Plaintiff a large amount of profit from the overseas business operated by B, such as FX MV brokerage business. When investing in the business of B, the Plaintiff shall guarantee the profit-making dividend of 0.8% per month with its revenue and return the principal after one year.

Accordingly, the Plaintiff deposited KRW 70,000,000 on November 16, 2015, and KRW 10,000 on February 16, 2016, respectively.

C. B did not have the intent or ability to repay principal and interest to investments, but by using the multi-level organization as above, the FX M&C brokerage business as above to investors, including the Plaintiff.