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

The defendant is the B(State) Ulsan.

No one shall engage in a business of raising funds from many and unspecified persons without obtaining authorization, permission, making registration, making a report, etc. under Acts and subordinate statutes, and receive contributions by the agreement to pay the total amount of contributions or an amount in excess thereof in the future.

Nevertheless, the Defendant, in collusion with C, the representative director of the above company, did not obtain authorization, permission, registration, report, etc. under Acts and subordinate statutes, from the end of August 2010 to December 30, 2010, the Defendant imported and sold to many and unspecified persons in the office of the above company on the third floor of the building located in the 4th floor in Songpa-gu Seoul Special Metropolitan City D D D D D D, such as name bags, hair, clothes, shoes, and malicious dust, etc.: “If our company invests 50,00 won in one unit of the business with 50,000 PV, 130% of the amount invested shall be paid within a maximum of 30,000,000 won per investment within 50,000,000 won shall be paid within the 56th,000,000,000 won of investment from the 2nd, Seoul Special Metropolitan City E-gu office, to the maximum of 36,011.

Summary of Evidence

1. Defendant's legal statement;

1. Each protocol concerning the examination of police officers against C, F, G, H, I, J, K, and L;

1. Each police statement made to M, N, orO;

1. Each statement of P;