Defendant shall be punished by a fine of KRW 5,000,000.

If the defendant does not pay the above fine, 50,000 won.

Punishment of the crime

From June 27, 2007 to June 27, 2010, the Defendant registered a credit business with the Incheon Southern-gu Office and operated a credit business, but did not renew the registration despite the expiration of the term of validity of the registration.

1. A person who intends to operate a credit business shall register the credit business with the competent Gu office and, despite the fact, shall operate the credit business:

A. The Defendant, without a renewal of the registration of credit business on August 18, 2010, in the name of "C" in the name of "B 301, Nam-gu, Incheon Metropolitan City B 301, providing a loan of KRW 200,000,000,000, which is a private taxi driver, as security, obtained by deducting 200,000,000 won from the prior interest and the cost of establishing a security, operates a credit business with interest of KRW 83,000 per annum by immediately paying 80,000 per month;

B. A credit business that, around August 25, 2010, lends 2.5 million won to E’s vehicle as security at the above location, from which 2.5 million won was deducted from the prior interest and the establishment cost, promptly pays 2.3 million won per annum, and receives interest at the rate of 100,000 won per annum, and receives interest at the rate of 5.2% per annum;

C. Around September 3, 2010, around KRW 920,000,000 calculated by deducting KRW 80,000 from the pre-paid interest and the cost of establishment, while lending KRW 1,00,000 from the F’s vehicle that drives a private taxi at the above location as security, was carried out credit business that received interest at KRW 42,00 per annum by immediately paying the pre-paid interest and the cost of establishment.

2. Although a person who operates a lending company upon registration of a credit business or a person who actually operates a credit business may not receive interest exceeding the interest rate of 44/100 per annum as provided in the Presidential Decree, the Defendant violated the provision on the restriction of interest rates by receiving each interest, such as the preceding paragraph.

Summary of Evidence

1. Defendant's legal statement;

1. Each protocol concerning the examination of the suspect against the defendant;

1. Each police statement made to D, E, and F;

1. Application of the Acts and subordinate statutes for investigation reporting;

1. Article 19 (1) 1 and Article 19 (1) 1 of the Act on the Registration of Credit Business, etc. and Protection of Finance Users regarding criminal facts and the Selection of Punishment;