[Criminal Power] On March 30, 2015, the Defendant was sentenced to two years and six months of imprisonment for fraud, etc. at the Suwon District Court on March 30, 2015, and the above judgment became final and conclusive around June 18, 2015.

【Criminal Facts】

The defendant is a person who has operated (ju)C engaged in the business of wholesale and retail of food, sirens, etc.

The Defendant, around April 2, 2012, at the Korea Business Start-Up Consulting Office located in Gangnam-gu Seoul, (hereinafter referred to as “E”) in Gangnam-gu, (i) around April 2, 2012, “E” runs a business of cooking and selling net, adequate, and Spatiale, etc. at the department store with the trade name of “E”. The “E” has decided to sell food stores at the stores of new global department stores that will open to the public around April 2012 or May of the same year, and (ii) has invested KRW 110,000,000 in this store. If the Defendant invested KRW 110,000,000,000 from our company’s monthly revenue, and (iii) the sales revenue of the store would be KRW 10,000,000 in addition to the annual sales revenue, and (iv) if the annual sales revenue exceeds KRW 30,000,000,000,000,000.

However, the (State)C held a debt exceeding KRW 500 million in 2009, and the debt amount has increased rapidly every year, including KRW 90 million in 2010, KRW 1.3 billion in 201, KRW 2 billion in 2012, and on similar terms with the victim, it is necessary to recruit 20 other investors and distribute high-amount investment funds to them continuously.