Text
Defendant
A and D Each fine of 2,00,000 won, Defendant B and E each fine of 1,00,000,000 won, Defendant C shall be punished by a fine of 5,00,00 won.
Reasons
Punishment of the crime
Defendants are responsible for the recruitment of investors in F Co., Ltd. and G Co., Ltd. and persons who have acquired investment attraction allowances.
No one shall engage in any fund-raising business without obtaining authorization, permission, making registration, reporting, etc. under Acts and subordinate statutes and without making an agreement to pay the total amount of investments or an amount in excess thereof to many and unspecified persons for the future and without making such an agreement
Nevertheless, the Defendants did not obtain authorization or permission for the receipt of principal from the authorities as well as H, the actual operator of the above business, from around October 2010 to April 2012, the Defendants paid 5-10% amount of money for investment to an unspecified number of investors on the 11st floor of Ulsan District Office, Inc., Ltd., the 11th floor of the building, Ulsan-gu, Seoul, and paid 3-7% amount of money for investment if investment is made by introducing investors, and paid 3-7% amount of money for investment at the maturity of 2.4 billion won, and guaranteed a greater amount of profit if investment is made by 1.4 billion won. The Defendants C received 106 billion won from investors on June 15, 201, up to 2013.4 billion won in total from investors from around March 30, 2013, and from around 2013.4 billion won, up to 1.4 billion won in total, Defendant C received 2013 billion won from investors.