A defendant shall be punished by imprisonment for one year.

However, the execution of the above punishment shall be suspended for two years from the date this judgment becomes final and conclusive.

Punishment of the crime

1. Basic facts

A. From September 201 to September 2015, D (hereinafter referred to as “D”) recruited approximately KRW 700 billion from private investors in approximately 30,000,000, and operated a method to prevent return, such as guaranteeing the payment of principal and final profits for approximately KRW 158.7 billion among them, as well as paying to existing investors the investment funds received from new investors as profits.

In the above D, E, as the vice head of the future Strategy Office, performed the duties of discovering and examining investment sources, such as real estate development projects, including F, G, H, I, J, and K, respectively, as the head of the business team.

Around April 2015, E proposed that “a person who will operate a company through private equity funds that can raise funds from private investors and make high profits in a more short-term manner” to F, H, G, J, I, K, and L, and the above H, etc., which accepted the proposal, agreed to invite private investors in a similar operating method as D.

B. On February 27, 2015, E, etc., the public invitation relation with accomplices was established in order with M Co., Ltd. (hereinafter “M”), N Co., Ltd. (hereinafter “N”), June 10, 2015 (hereinafter “O”), Jun. 24, 2015, Co., Ltd. P Co., Ltd. (hereinafter “P”), and Q. Co., Ltd. (hereinafter “P”), and Q. (hereinafter “P”) (hereinafter “P”), and each of the investment issues was named as “R”, “S”, “O’s investment issues,” and “T” as the investment issues, and the LP divided the investment issues into Seoul, Cheongju Branch, Ulsan Branch, Busan Branch, Busan Branch, Daegu Branch, Daegu Branch, and Jeju Branch and composed of approximately 30 business teams by organizing and operating the PP.

Around May 2015, the foregoing E, etc. developed a special private equity fund that can make a small investment from at least one million won to the Internet VW (hereinafter “PW”) of the “U”. However, its general private equity fund should participate in the investment of a large amount of investment.