A defendant shall be punished by imprisonment for six years.

Punishment of the crime

On September 17, 2009, the Defendant was sentenced to imprisonment with prison labor for two years and six months and six months for a violation of the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Embezzlement) at Seoul High Court on September 17, 2009, and was provisionally released on May 25, 2012.

7.12. A person whose sentence has been completed;

[2014 Highest 181] The Defendant, a representative director of Gangnam-gu Seoul company, operated D with E, a company located in Gangnam-gu Seoul company as a representative director. The Defendant, as the chairperson of the above company, comprehensively operated the above company after opening the business place and real estate assets, building a computer system, website, etc. for the management and operation of members. E is a person who recruited members who invested in the above company through a briefing session for attracting investment after being provided with a place of business, computer system, etc. from the Defendant, and taking office as the representative director of the above company, and performed duties such as managing the investment amount. The F is a person who assisted the representative director in the business administration and schedule management of the above company. G is a person who is the head of the first headquarters of the above company, and H is a person who is the head of the branch office, the team leader, and the general member.

1. A person who violates the Act on the Regulation of Conducting Fund-Raising Business without obtaining authorization, permission, etc., and without making registration, report, etc., shall be prohibited from running a business of importing investments under an agreement to pay an amount in full or in excess of such an amount of investment to many and unspecified persons;

The Defendant, together with E, H, etc., intends to engage in an act of receiving investments without obtaining authorization, permission, registration, reporting, etc. from authorities, and the Defendant, as seen below, develops the profit-making method for investors, and E, H, etc., explain the said profit-making method to many and unspecified persons.