A Imprisonment with prison labor of one year and six months, and Defendant B shall be punished by imprisonment with prison labor of one year.

However, as to the Defendants, this is against the Defendants.

No one shall engage in a business of raising money under the pretext of deposits, installment savings, installment savings, deposits, etc. by unspecified persons under an agreement to pay the whole amount of principal or any amount in excess thereof in the future without obtaining authorization, permission, registration, or report under finance-related Acts and subordinate statutes.

Nevertheless, the Defendants recruited investors by means of financial dyd, under the ice trading of stocks against many unspecified persons, and paid dividends to the investors for a certain period of time on the investment money paid to them after receiving the money in the name of the investment money from them. On the other hand, the Defendants solicited a large number of investors in an agreement to pay the recruitment fee to those who recruited the above investors, and conspired to commit the above crimes in sequence, such as D, E, F, etc., by attracting a large number of investors.

1. On January 30, 2012, Defendant A: (a) around January 30, 2012, at the H office located in Seocho-gu Seoul Metropolitan Government Office 118 (State), without obtaining authorization, obtaining permission, registering, or reporting under the laws and regulations of financial institutions; (b) the victim I graduated from the branch of the Seoul National University; (c) the representative D was working for 20 years in the teachers’ right to guarantee, and operated and managed listed stocks; (d) the operation and management of the listed stocks; (c) the general team leader operating and managing 20 billion won or more in the national representative sports team’s pension; (d) the investment of listed stocks with the entrusted fund of KRW 500 million, thereby resulting in an asset increase of more than one billion in the last three months; and (e) the domestic stocks with the experience of establishing the corporate asset management company.

However, if an investment is made in our company, it creates profits by trading with the investment money.