A person shall be punished by imprisonment with prison labor for not less than six months, and imprisonment with prison labor for not less than one year and six months.

The former accused of the crime was sentenced to imprisonment with prison labor for one year for a violation of the Punishment of Violences, etc. Act (joint injury) in the Daegu District Court Kimcheon Branch on January 26, 2011, and the judgment on February 8, 2011 becomes final and conclusive.

Punishment of the crime

1. A person who intends to engage in credit business in violation of the Registration of Credit Business, etc. and Protection of Financial Users Act shall file a registration with the competent administrative agency having jurisdiction over the relevant place of business;

Nevertheless, the Defendant, without registering with the competent authority from October 27, 2009 to October 21, 2010, run a non-registered credit business, such as lending a total of KRW 152,750,000 to E, F, G, H, I, etc., as shown in the attached crime list, on condition that he/she receives 5% to receive interest from 10% to 10% of the monthly interest from the Gu-U.S. D. D from October 27, 2009 to October 21, 201.

2. The Defendant graduated from J High School, and the Victim K is the Defendant at the time of the Defendant’s high school attendance at the Defendant’s high school, and the Victim L is the principal of J Middle School.

The Defendant, while running a credit business, failed to recover the principal and did not properly operate the business so that he could find out the victims who have suffered a high-amount of interest due to difficulties in living. The Defendant, by deceiving them to receive investment money.

On May 201, 201, the Defendant committed the crime against the Victim K Ha on the first instance on May 201, 201, concluded that “The Defendant would pay 3.5 million won as of the monthly interest to the victim, and return the principal to the victim only one to two months before the first instance of the month,” on the “N” screen in the Seocho-si, Seocho-si, Schan, the Defendant, “The Defendant is able to engage in credit business, and there is any funds available to the victim.”

However, in fact, the defendant was unable to make certain profits from credit business that had been at the time, and the principal was not recovered from the existing debtors, and even if he received the investment money from the victim, he/she shall pay his/her personal debt and pay his/her living expenses.