A Imprisonment with prison labor for three years, for two years, for two years, for two years, for six months, and for defendant E.

1. The Defendants committed the crime of deceptions by the Defendants: (a) suggesting that they will make a high profit to the majority while driving as if they are stock investment experts on the Internet car page related to securities; and (b) are entrusted with the securities account by the trustor; (c) purchase of the securities account with a high-value of non-value shares by the deposited money from the clients; and (d) purchase the money with the deposited money by dividing the aforesaid deposited money; (b) Defendant A had the intent to attract a large number of people and use the deposited securities account; (c) Defendant C had the intent to attract a large number of people as above; (d) opened an account to be used for the stock transaction; (e) opened an office and collect shares to be used for the said transaction; and (e) Defendant B had the role of withdrawing the money acquired through the stock transaction; (e) opened an account to be used for the stock transaction in accordance with the direction of the above C; and (e) withdrawn the money acquired through the stock transaction; and (e) have the role of gathering the shares to be provided for the said stock transaction.

Thus, Defendant A and C opened an Internet camera related to securities, 'O' and 'P', after the Internet site opened in the name of Defendant E in December 201, and had many people join the above Kaf as a member.

On the other hand, the Defendants transferred KRW 90,924,00,000,000,000, which was discounted by 90% of the market price of the offboard market by the Hyundai Securities account (R) in the above E’s name and the securities account (S) instead of the above titles, which was held by Defendant D, who did not trade in the offboard market around that time.

Then, on January 16, 2012, Defendant A and C contact with the victim T, a member of the above Kapet on January 16, 2012 to delegate the operation of the securities account.