Defendant shall be punished by a fine of KRW 4,000,000.

When the defendant does not pay the above fine, 100,000 won.

Punishment of the crime

A person who intends to engage in loan business shall register with the competent authority, such as a Metropolitan City Mayor, who has jurisdiction over the relevant place of business, and where a unregistered credit service provider grants a loan, the interest rate shall not exceed 25 percent per annum.

Nevertheless, on April 2016, the Defendant loaned KRW 1 million to C in the vicinity of the Busan-gu B building in Busan-gu, Busan-do, and deducted KRW 100,000 as a fee, and paid KRW 40,000 per day for 33 days, etc. from around that time.

8. The first police officer operated the lending business without registering the lending business, such as lending a total of 6,500,000 won over 10 times as shown in the list of annexed crimes, and received interest in violation of the interest rate limit like the list of annexed crimes.

Summary of Evidence

1. Statement by the defendant in court;

1. Each police statement made with respect to C and D;

1. Police seizure records and list of seizure;

1. A police investigation report (a suspect telephone statement);

1. Application of Acts and subordinate statutes to a detailed statement of account transactions with C National Bank, a copy of each standard loan transaction contract, etc., and a copy of a certificate of deposit without passbook;

1. Relevant legal provisions concerning criminal facts, registration of selective loan business, etc., and Article 19(1)1, Article 3(1) (including the operation of unregistered loan business, and comprehensive) of the Act on the Protection of Financial Users, registration of each loan business, etc., and Articles 19(2)3 and 11(1) of the Act on the Protection of Financial Users, Article 2(1) of the Interest Limitation Act (the receipt of interest exceeding the interest rates set forth by unregistered credit service providers), and each selection of fines;

1. The former part of Article 37 of the Criminal Act, and Articles 38 (1) 2 and 50 of the same Act, which aggravated concurrent crimes;

1. Article 70(1) and Article 69(2) of the Criminal Act to attract a workhouse;

1. Article 48 (1) of the Criminal Act to be confiscated;

1. Article 334 (1) of the Criminal Procedure Act concerning the order of provisional payment;