Defendants are not guilty. The summary of the judgment against the Defendants is publicly announced.

1. The summary of the facts charged in the instant case is as follows: (a) the Defendants concurrently operate the bond business.

F, while operating corporation G, the F is proceeding with the I Development Implementation Project in the Jincheon-gun, Jincheon-gun, Chungcheongnam-do.

The Defendants decided to partially invest in the above project, and around March 2007, the Defendants leased the second floor of the J building in Gangnam-gu Seoul Metropolitan Government and began to participate in the above project while using it as a joint office with F.

In the process of the above process, when the land should be additionally purchased in order to obtain the authorization from the Jincheon-gun Office, the Defendants made a proposal to return KRW 1.5 billion if the Defendants obtained the authorization and permission on May 2009, on condition that they will invest KRW 1.5 billion in F. The Defendants made a proposal to return KRW 3 billion if they were to obtain the authorization and permission. Specifically, the Defendants made an investment of KRW 1.5 billion (including KRW 1 billion borrowed from K in the previous state), but L L L L (L rejection), and YY-gun, Chungcheongnamcheon-gun, Chungcheongnamcheon-gun, Seoul Special Metropolitan City, and other four lots of land owned by N as collateral, and L would be deemed to have invested KRW 600 million in the above business.

Accordingly, on May 13, 2009, the Defendants made an investment agreement stating that “K and Defendant B shall invest KRW 900 million in the above project promoted by K and Defendant B, and M and N shall invest KRW 600 million, but K and Defendant B shall pay the above KRW 600 million, and M and N shall make a registration of the establishment of a mortgage equivalent to KRW 1.5 billion with respect to the above O land.”

On May 15, 2009, the establishment registration of a collateral security holder K, debtor F, and maximum debt amount of KRW 1 billion was completed with respect to the above O land, respectively, and the establishment registration of a collateral security holder B, debtor F, and maximum debt amount of KRW 500 million.

Defendants and F decided to establish a new corporation in the course of the above investment agreement under the above investment agreement. On May 18, 2009, in the course of the above investment agreement, the Defendants and F established a victim-based R Co., Ltd. with inside directors K, P (L L) , audit M (L denial), the representative director, Defendant B, and Q. In that process, Defendant B established the victim-based R on May 15, 2009.