Defendants shall be punished by imprisonment for one year and six months.

Punishment of the crime

The Defendants: (a) invited investors to engage in stock trading against an unspecified number of unspecified retirees, family owners, etc. by means of a financial means; (b) received money in the name of the investment money from them; and (c) paid dividends to investors for a certain period of time on the investment money that they received; and (d) attracting a large number of investors in the manner of concluding an agreement to pay solicitation fees to the said investors; and (b) subsequently, the Defendants were prosecuted against H under the 2013 High-Ma813 of this Court against the said investors by attracting a large number of investors; (c) however, the date on which H was decided to suspend the execution of detention under an unknown state is presumed to have been determined.

After soliciting the above crimes, Defendant A arranged to take over a Dormant Corporation for the establishment of a corporation, including Company I (hereinafter “I”), or registered his wife as an auditor for the purpose of meeting the external appearance of the company, and managed and operated the I calendar branch, and recruited investors. Defendant B, in relation to the establishment of a corporation, entered the company as an officer, such as an internal director, etc. in order to form the external appearance of the company. Defendant B, in turn, intended to manage and operate the I calendar branch and the Gangnam branch, and intended to attract investors.

1. Defendant A

(a) No person who violates the Act on the Regulation of Conducting Fund-Raising Business shall engage in the business of raising money under the pretext of deposits, installment savings, installment deposits, deposits, etc. by promising to pay the whole amount of principal or any amount in excess thereof in the future without obtaining authorization, permission, or making registration under the finance-related Acts and subordinate statutes

around February 27, 2012, the Defendant did not obtain authorization, permission, or file a registration report under the finance-related Acts and subordinate statutes at the office of the I station branch in the fourth floor of the Gangnam-gu Seoul K Building.