A A shall be punished by a fine of KRW 7 million, and Defendant B shall be punished by a fine of KRW 1.5 million.

The above fines are imposed by the Defendants.

A person who intends to engage in credit business shall register with the Mayor having jurisdiction over the relevant place of business, and where a unregistered credit service provider lends a loan, the loan shall not exceed the interest rate prescribed by statutes.

1. Defendant A

A. From May 2010 to December 201, 201, the Defendant did not register with the competent Mayor at a day from door-si to door-si from door-si, and does not fall under the following 1 B.

As stated in paragraph C, it provided credit business to many and unspecified persons, such as lending one million won to C.

B. Around May 11, 2010, the Defendant lent KRW 1,00,00 to the obligor C at the E Music Research Institute located in Yongsan-si, and the Defendant paid KRW 970,000 after deducting KRW 30,000,000, and decided to receive interest at 265% per annum on the condition that 2,000,000 won per month be repaid in equal principal and interest every month for 60 days, and violated the limitation on the interest rate of 19 times in total for the total of 10 persons, as listed in the attached Table A list from around that time to August 31, 2011.

2. Defendant B

A. From the end of 2010 to the end of November 2011, the Defendant did not register with the competent Mayor at the door-si Council members from the end of 2010 to the end of 201, but did not register with

As stated in paragraph C, it provided credit business to many and unspecified persons, such as lending 3 million won to C.

B. Around November 22, 2010, the Defendant lent KRW 3 million to the obligor C at the E Music Research Institute located in D at Seo-si, and the Defendant paid KRW 2.85 million, deducting KRW 60,000,000,000,000 per month, and agreed to receive interest rate of KRW 292% per annum on the condition that 60,000 per month be repaid in equal amount, during the 60-day period, and violated the limitation on the interest rate over a total of two occasions from around that time to October 17, 2011.

Summary of Evidence

[Defendant A]

1. Defendant A’s legal statement

1. Statement to C by the police;

1. Details of each account transaction attached to the police suspect interrogation protocol No. 1 and No. 2 against Defendant A [Defendant B]

1. Defendant B’s legal statement

1. Police in relation to C.