A defendant shall be punished by imprisonment for not less than one year and six months.

Punishment of the crime

1. Around August 16, 2010, the Defendant violated the Act on the Regulation of Conducting Fund-Raising Business without Permission: (a) made an agreement with D offices located in Jeju Ctel 602 to provide that “if investments are made in excess of KRW 10 million, KRW 7% of the investment amount shall be paid once in one month in the ratio of 5% of the investment amount if investments are made in excess of KRW 10 million; and (b) received KRW 10 million from E as the investment amount; and (c) from this case to January 12, 201, the Defendant received KRW 220 million in total from four persons by the same method, such as the list of crimes in the attached Form, and received KRW 120 million in total from the four persons by the same method, without obtaining authorization or permission, or without making registration or report pursuant to statutes.

2. Around August 16, 2010, the Defendant said that “In the event that an investment is made in excess of KRW 10 million,00,000,000, the Defendant would pay the victim E revenues once a month in proportion to the investment amount of KRW 7% and KRW 10,000,000.”

However, there is no intention or ability to pay agreed profits even if the victim receives money.

As above, the Defendant, as well as the Defendant, by deceiving the victim and immediately received KRW 10 million from the victim, and then, from January 12, 201 to January 12, 201, acquired the total amount of KRW 220 million by the same method from four total victims over a total of 12 times, such as the list of crimes in the attached Form.

Summary of Evidence

1. Defendant's legal statement;

1. Investigation reports (Attachment to details of transactions): Details of transactions;

1. Responses to requests for the provision of financial transaction information: Personal information inquiry table, details of financial transaction and inquiry;

1. Statement of each police statement related to F and G;

1. Investigation report (Attachment of receipts, etc.): Receipts, notarial deeds, and name cards;

1. Investigation report: Response;

1. Investigation report (detailed details of transactions by suspects): Details of transactions;

1. Financial transaction information;