A defendant shall be punished by imprisonment for six months.

However, the execution of the above sentence shall be suspended for a period of two years from the date this judgment becomes final and conclusive.

Punishment of the crime

The defendant is a person who runs a business without registration under B's trade name.

1. Any person who intends to engage in loan business in violation of the Act on the Registration of Loan Business, etc. and the Protection of Financial Users shall register with the Mayor/Do Governor having jurisdiction over the relevant place of business

Nevertheless, on July 2015, the Defendant, without registering with the competent authorities, posted an advertisement describing words, such as “small-sum loans and cashing of payments,” at his own home, such as C, Twitter, and Spanb, on the Internet website, such as C, Twitter, and Spanb, and added up KRW 45,000 to D who reported and accessed the payment of small-sum loans, and notified 10,000 cultural merchandise coupons, such as Grand, which are certified after purchase, to himself/herself, and deducted KRW 22% of the face value of the cultural merchandise coupon purchased by the said D as a prior interest, and loaned KRW 35,00,000, the remaining amount of KRW 77.8% from July 28, 2015 to January 1, 2015, and thereafter loaned KRW 35,000,000 from July 28, 2015 to May 19, 2005, etc.

Accordingly, the defendant is running unregistered loan business.

2. No person who violates the Act on the Promotion of Utilization of Information and Communications Network and Information Protection, etc. shall allow users of communications and gold services to purchase or use goods, etc. through communications and gold services, and purchase goods, etc. at a discounted price by users of communications and gold services;

Nevertheless, from July 28, 2015 to November 30, 2015, the Defendant loaned a total of KRW 295,190,050,050 over 5,089 times, as shown in the annexed crime list, by purchasing cultural merchandise coupons purchased by a user of communications and gold services using small payments, using the same method as described in paragraph 1, from July 28, 2015 to November 30, 2015.

Summary of Evidence

1. Partial statement of the defendant;

1. Each police statement made to E, F, G, and H;

1. I, J, K, L, M.