Defendant shall be punished by a fine of KRW 5,000,000.

If the defendant does not pay the above fine, 50,000 won.

Punishment of the crime

Defendant,

1. On February 16, 2013, in lending KRW 10 million to the victim at the D cafeteria operated by the victim C in Gunsan-si B by the number of days, the loan contract was concluded six times in total, including entering into a loan contract with the interest rate of KRW 320,000 per annum on the condition that the principal and interest shall be repaid at KRW 160,000 per annum for 75 days every 75 days every day, with a total of KRW 12,000 per annum on the condition that the principal and interest shall be repaid at KRW 160,000 per annum.

Accordingly, the Defendant operated a credit business without registering the credit business.

2. Where an unregistered credit service provider lends a loan to an individual or small-scale corporation, he/she shall not receive interest exceeding the interest rate of 30% per annum under statutes;

Nevertheless, the Defendant violated the limitation of interest rate by concluding a loan agreement under the same conditions as the attached list of crimes.

Summary of Evidence

1. Defendant's legal statement;

1. Statement to C by the police;

1. Application of Acts and subordinate statutes to report internal investigation (Attachment to the interest rate calculation formula);

1. Article 19 (1) 1 and Article 3 (1) of the Act on Registration of Credit Business, etc. and Protection of Finance Users, and Article 19 (2) 3, Articles 11 (1) and 8 (2) through (5) of the Act on Registration of Credit Business, etc. and Protection of Finance Users, including the corresponding provisions on criminal facts and the choice of punishment;

1. Of concurrent crimes, the former part of Article 37, Articles 38 (1) 2 and 50 of the Criminal Act;

1. Articles 70 and 69 (2) of the Criminal Act for the detention of a workhouse;

1. Article 334 (1) of the Criminal Procedure Act of the provisional payment order;