beta
Text
Defendant shall be punished by a fine of KRW 7,000,000.
When the defendant does not pay the above fine, 100,000 won.
Reasons
Punishment of the crime
The Defendant, as the head of the Center C (Representative D) E, is a person who runs the business of raising F and G business funds from many and unspecified persons, and F is a product to be used in an online shopping mall if it invests KRW 2.5 million per unit, or to be paid KRW 2,000,000 per day until the money exchangeable in cash reaches KRW 600,000 per day. G is a product that guarantees a minimum of 5 times the amount of investment after six months if it invests the amount by grade (class 1.2.6 million, class B, class 3.3 million, class G, class 6.6 million, class S, class 12.6 million).
No one shall engage in a business of raising funds from an unspecified number of unspecified persons without obtaining authorization, permission, registration, or reporting under statutes, and receive contributions in the future in full or in excess of the amount of money invested. However, the Defendant received KRW 2.5 million per day from April 9, 2015 to November 21, 2015 from a large number of unspecified persons, including H, without obtaining authorization, permission, or filing a registration or report under statutes, for the purport that “F would pay KRW 2,500,000 per 2.5 million per day, and if an investment is made in G, he/she would pay profits within six months,” stating to the effect that “The Defendant received KRW 2.5 million from the above H to the account in the name of the Defendant, including remittance of KRW 2.5 million from the above H to the account in the name of the Defendant, on July 22, 2015, during the aforesaid period, as indicated in the attached Form of Crimes.
As a result, the Defendant was engaged in a business of raising funds from many unspecified persons without obtaining authorization or permission, or making registration or report pursuant to the laws and regulations, and committed an act of receiving contributions by promising to pay a total amount of investment or an amount exceeding it.
Summary of Evidence
1. Statement by the defendant in court;
1. Statement made by each prosecutor with regard to I and H;
1. Statement made by the police to J;
1.Each.