A Imprisonment of one year and six months and fine of 40,000,000 won, Defendant B’s imprisonment of one year and a fine of 30,000,000 won.

1. Any person who intends to run a credit business or a credit brokerage business shall register with the administrative agency having jurisdiction over the place of business in each place of business;

Nevertheless, on July 9, 2012, the Defendant: (a) lent an obligor (O) who wishes to borrow a loan to repay all existing debts bearing a large interest; (b) changed the amount of loan by 3-10% under the name of the test fee to obtain a loan from the first financial right, etc.; (c) lent an amount of 131,619,675 won for loans borne by O in mountain, loan, etc. around July 4, 2012; and (d) lent the amount of 131,619,675 won to receive the above loan from the Foreign Exchange Bank to 48,00,000,00 won; (d) around July 9, 2012; (e) around 12, 200,000 won from the Hyundai Swiss Savings Bank; (e) KRW 27,00,000,000 from KRW 27,000; (e) KRW 2981,2581,2968.

2. Any person who intends to operate a credit business or a loan brokerage business shall register with the administrative agency having jurisdiction over the place of business by each place of business.

Nevertheless, on July 16, 2012, the Defendant: (a) lent a loan to a R who wishes to borrow a loan by combining all existing debts with interest burden; (b) changed 5-10% of the amount of the loan under the name of the first financial right, etc.; and (c) lent a loan of KRW 90,429,104 of the loan borne by R to the New Liber, etc. around July 16, 2012.