1. The defendant shall be punished by a fine of five million won;

2. If the defendant does not pay the above fine, 10,000 won.

Punishment of the crime

The Defendant, B, and C conspired to run a unregistered credit business from March 2019, and B leased the building D and E in their own name for the purpose of using it as an office for unregistered credit business, and exercise overall control over unregistered credit business. The Defendant, along with C, distributed the name-type advertising leaflet to Seoul Central Government, distributed it to the Seoul Central Government, and agreed to prohibit the Defendant from receiving the principal and interest of the money loaned to the persons who reported it, and the Defendant determined that approximately two million won per month, while approximately 1.5 million won per month, are paid from B as benefits.

1. Any person who intends to engage in credit business in violation of the Act on Registration of Credit Business, etc. and Protection of Financial Users due to unregistered credit business shall register with the administrative agency having jurisdiction over the relevant place of business;

From February 1, 2019 to June 10, 2019, Defendant B and C conspired with the above office, and without registering with the competent authority, and as indicated in the attached list of crimes, the Defendant and C loaned a total of KRW 35 million over seven occasions to four persons, such as F, etc. who reported and contacted a name-type advertisement leaflet distributed by the Defendant and C to Seoul.

2. Where unregistered credit service providers violate the Act on Registration of Credit Business, etc. and Protection of Financial Users due to Violation of Interest Rate Restrictions, they shall not receive interest exceeding 24% per annum, which is the interest rate prescribed by the Interest Limitation Act;

The Defendant and B and C conspired to lend KRW 2 million to F on February 1, 2019, and agreed to receive KRW 40,000 per day after deducting KRW 200,000,000,000,000 per day for 65 days as indicated in the attached list of crimes, and, as shown in the attached list of crimes, leased KRW 35,00,000 to four persons who reported and contacted the name-type advertising leaflet distributed by the Defendant and C to Seoul, and received interest at the rate of KRW 40.4-8% per annum until the first patrol by June 2019.

3. A credit service provider that violates the Act on Registration of Credit Business, etc. and Protection of Financial Users due to advertisements for unregistered credit business.