All appeals filed by the Plaintiff and the Defendants are dismissed.

Expenses for appeal shall be borne individually by each person.

The purport of the claim and appeal is the purport of the appeal.

1. Facts of recognition;

A. On March 4, 2013, E representing the Plaintiff entered into the following investment agreement (hereinafter “instant investment agreement”) with the content that the Plaintiff invests KRW 100,000,000 in the project site of Defendant B (the trade name before change was a stock company at the time; hereinafter “Defendant Company”) and the F (GG HW) in Nam-si, Nam-si, the Defendant Company (hereinafter “instant project”). The Plaintiff and the Plaintiff under the terms of the agreement of the Defendant Company shall assist the Defendant Company with the total amount of KRW 50,00,000,000 as stated on the date of the contract, and KRW 10,000,000,000 as stated on the remaining date after the contract.

The Defendant Company shall pay the principal amount of KRW 100 million to the Plaintiff on the 30th of May when the first place of the business was deposited by the trust company or at the arrival of the first intermediate payment.

The return on investment in KRW 100 million shall be paid for KRW 400,000 per share of total household (251 household).

(The first part payment shall be paid in full at the arrival of the first part payment, and on June 30): The employees invested by the plaintiff among the conditions for investment participation shall pay the fees pursuant to the internal provisions.

Defendant D guaranteed the Defendant Company regarding the foregoing investment agreement.

B. The Plaintiff invested a total of KRW 82,00,000 in the Defendant Company by April 5, 2013 in accordance with the instant investment agreement.

C. From June 17, 2013 to November 20, 2013, Defendant D returned KRW 97,00,000 to the I’s account according to the designation of E as refund for the said investment agreement.

Among them, 82,00,000 won was appropriated for the investment principal, and the remaining 15,000,000 won was appropriated for the investment income.

By June 30, 2013, 150 households out of 251 households of officetels 251 subject to sale were sold in the instant business.

[Reasons for Recognition] Unsurable Facts, Gap evidence 1 to 4, Eul evidence 3, Eul evidence 7, Eul 12, 13, and 14, and the first instance court J bank.