Defendants shall be punished by imprisonment for four months.

However, each of the above defendants is against the defendants for one year from the date this judgment became final and conclusive.

Punishment of the crime

[Co-offenders of the Defendants] D Group (hereinafter “D Group”) expands its business to start a corporation E (hereinafter “E”) established for the purpose of the first real estate consulting business, etc. and thereby sets the F Co., Ltd. F (hereinafter “F”), G, H Co., Ltd., H Co., Ltd., I, J, K, K, and L, etc.

In particular, in order to raise funds for the establishment and operation of F legal entities at the early stage of operation, E has induced investments, and since F was established on October 2014, E has to join as F members, but is qualified for E investment, and 10% of E investment amount (7% from January 2015) collected from each headquarters to each headquarters for 61 headquarters offices across the country, such as Seoul Headquarters affiliated with F, etc., (7% from January 2015) has been paid to the head of the headquarters in the name of operating expenses of the headquarters, thereby facilitating the solicitation of mutual investors.

M as the chairperson of the D Group, comprehensively managed the overall management of the group operation by appointing the representatives and executives of each affiliate company and managing funds. The Defendants began to make investments in the D Group through the said M from March 2015 to March 2015. From June 2015 to June 2015, Defendant A became the Yong-Nam headquarters of the D Group, and Defendant B was the director of the headquarters in Yong-Nam branch of the D Group, and Defendant B was the director of the headquarters in Yong-Nam branch of the D Group. Defendant A explained the investment to investors, and Defendant B was the director of the headquarters in Yong-Nam branch of the D Group.

[2] No person may engage in a business of receiving contributions from an unspecified number of people without obtaining authorization or permission under other Acts and subordinate statutes or making registration or report, etc.

Nevertheless, on July 21, 2015, the Defendants are entitled to “F.” to the victims at the first floor coffee shop in Daegu Jung-gu, Daegu-gu.