Defendant shall be punished by a fine of five million won.

If the defendant does not pay the above fine, KRW 100,000.

Punishment of the crime

The Defendant was engaged in investment solicitation activities, along with the above D, with interest on the subordinate investors of B, etc., and the upper sponsor of D, the head of Msan Center.

No one shall engage in a similar receiving business of raising funds through the receipt of investments under an agreement to pay the total amount of investments or an amount in excess thereof to an unspecified number of unspecified persons in the future without obtaining authorization or permission, making registration, or making a report, etc. under Acts and subordinate statutes.

Nevertheless, B, etc., the operator of the above “C”, without obtaining the above authorization, permission, registration, or reporting, may make a lot of profit by investing money in a curios through the Chinese Union Cultural Heritage Property Exchange approved by the Chinese Government, for investors who find the place at each local office, such as Seoul E-building 710 from September 2014 to May 2015.

The Defendant explained that 3.9 million won is to be invested in the Gu account, and the Defendant made an explanation to the effect that: (a) around April 2015, around May 2015, and around June 2015, approximately 20 persons, such as investors H and I, in the G officetel 1706 where the said D is located, on three occasions, in total, within the Gtel 1706, where the said D is located, and (b) around 3.9 million won per Gu account; (c) the head of the Gwanak-gu Center provides an explanation to the effect that the said D and the Defendant would make 200,000 won of the principal and interest of each State during the short-term period to repay the principal and interest of 20 percent of the principal and interest of each State, and that the said D and the said Defendant would not make the said investment more than 4.5 million won under the name of 3.5 billion won under the name of the said K account.

In addition, the defendant around July 16, 2015, the defendant had the above H make an investment into the Agricultural Cooperative account in the above name D.