1. Defendant A

(a) The defendant shall be punished by imprisonment with prison labor for five years;

(b) from the accused the seized evidence 2 to 11.

Punishment of the crime

Defendant

A is the representative director of AP (hereinafter referred to as “AP”) located on the 11st floor of the same building as that of AP (hereinafter referred to as “AP”) in Gangnam-gu AO building, Seoul, and is the actual representative director of AR (hereinafter referred to as “AR”) that collects non-performing loans purchased from the above AP.

In addition, Defendant B is a professional instructor who is in the position of the head of the management support office as an auditor on the corporate register of the above company and manages funds such as investment. Defendant D and Defendant C are those who are in charge of the management of funds such as investment funds when the employees of the business division recruit investors. Defendant E, Defendant F, Defendant G, Defendant H, Defendant H, Defendant I, Defendant J, Defendant J, Defendant K, Defendant L, Defendant M, Defendant M, Defendant N, Defendant N, and DefendantO are in charge of the management of investors recruitment and investment explanation while managing the team members in the company.

1. Defendants A developed business items, such as solar power plant and bad debt collection, and established the above companies, and ordered them to attract investment to employees by creating the same appearance where the business is in progress in the future, even though it is difficult to create future profits. While being aware of such fact, Defendant B, according to Defendant A’s instructions, shall manage and operate the investment money, and Defendant D and Defendant C shall force investors to make an investment to the effect that the above companies are in progress with high profit and are promoting the business in a successful manner. Defendant E, Defendant F, Defendant G, Defendant H, Defendant I, Defendant J, Defendant K, Defendant M, Defendant N, Defendant N, and DefendantO agreed to receive funds from investors by performing each role in managing employees in business.

around October 8, 2008, Defendants find at the 8th floor and 11th floor of Gangnam-gu Seoul AO building.