Defendant

A shall be punished by imprisonment with prison labor for six months and by imprisonment for four months.

except that for one year from the date this judgment becomes final and conclusive.

Punishment of the crime

Defendant

A on June 21, 2017, after having been sentenced to four months of imprisonment for fraud in the Suwon District Court's Ansan Branch, the judgment was finalized on June 29, 2017.

1. Any person who violates the Act on the Regulation of Conducting Fund-Raising Business without obtaining authorization or permission under other Acts and subordinate statutes or making a registration or report, etc., shall not engage in the business of raising funds from many and unspecified persons under the pretext of money-raising, etc. in the future;

The Defendants agreed to pay the amount exceeding the principal without obtaining authorization and permission from the competent authority for the banking business, etc. for which the “C” guarantees the principal and receives investment funds, thereby soliciting investors, and soliciting investors to receive investment funds by publicizing as if the business profitability of the said “C” is very high.

around May 2015, the Defendants agreed to provide the victim D and E with “Seoul global online shopping mall business chain C in Seoul, with a good item, at the coffee shop located in E-Do 2 Dong-Do 2, around May 2015, the Defendants received 500,000 won from the victims to the G bank account (H) account in the name of F, and received the same kind of money as an investment, on May 20, 2015.

2. Violation of the I-related Fraud and the Act on the Fund-Raising Business without Permission;

A. The Defendants in fraud did not obtain authorization or permission from the competent authority on the banking business, etc. for which “I” guarantees the principal and receives investment funds. However, the principal exceeds the principal.