Defendant shall be punished by a fine of KRW 3,000,000.

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

Punishment of the crime

1. A person who intends to operate a credit business, despite the fact that the pertinent place of business is registered with the competent administrative agency, the Defendant, from April 2012, operated a credit business without registering the credit business, on condition that the number of days of interest accrue.

2. In a case where an unregistered credit service provider grants a loan, the maximum interest rate on the lending and borrowing of money does not exceed 30% per annum. However, around May 23, 2012, the Defendant loaned 1.6 million won per month, excluding 4 million won, from among 2 million won applied for by the applicant D (37 years of age and south) within the amount of small- or medium-type car owned by the Defendant in the vicinity of Geumcheon-gu Seoul, Geumcheon-gu, Seoul, on a monthly basis, at 225% per annum.

Summary of Evidence

1. Defendant's legal statement;

1. Application of Acts and subordinate statutes concerning D police statements;

1. Relevant Article 19 (1) 1 and Article 3 (1) of the Act on Registration of Credit Business, etc. and Protection of Finance Users concerning criminal facts, Article 19 (2) 3 and Article 11 (1) of the Act on Registration of Credit Business, etc. and Protection of Finance Users, and Selection of each fine;

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;