Defendant

A shall be punished by a fine for negligence of KRW 15,00,000, and by a fine of KRW 8,000,000.

The above fine is imposed against the Defendants.

Punishment of the crime

Defendants are superior business operators who recruited investors of H (hereinafter referred to as “H”) which are illegal multi-level fraud companies, and the head of the center is the head of the center.

H’s head office in the Philippines was based on the virtual currency, i.e., a fake currency used for multi-level fraud using one-person I marketing, which is de facto impossible to be used in the city due to its lack of value, and that is, a fake currency that imitates a bitco in an electronic format, and is a virtual currency in which the bitcos were copied in an electronic format, i.e., the bitco., a bitco.

One does not change at all according to exchange rate, unlike bitcos;

It is the business body that obtains the investment money from many unspecified persons in a multi-level manner with the best sale and obtains the investment money from them.

The above L(L) is the president of H in charge of the management of investment funds, etc., and M(L) takes charge of the overall role of the head office that supervises the "I Computer", which is a multi-level sales management computer system, such as investment funds and payment of allowances, and non-public prosecution and N(N) takes charge of planning marketing franchise, such as the organization of sales organization, remuneration structure, etc., as a representative business operator (one business operator), and performing the role of visiting each center and holding an investment presentation for each center to encourage the head of each center to instruct and sell their duties.

Defendants promised from the above L, etc. to receive allowances according to their subordinate salespersons' recruitment and sales performance, and agreed to provide investment explanations and their affiliated management for the J sale to many and unspecified persons, and play a role as the head of the Center as a top-tier business that recruits investors.

As above, the Defendants, as the top business entity who recruited and manages investors, conspired to sell virtual currency of J against many and unspecified persons as the head of the Center in order to sell the virtual currency to them.

Any person shall make a multi-level similar organization.