A defendant shall be punished by imprisonment for two years.

However, the execution of the above punishment shall be suspended for three years from the date this judgment becomes final and conclusive.

Punishment of the crime

The Defendant is a person who served as the president of the instant education center for the interest of the representative director of a corporation B (former Co., Ltd.; hereinafter “the instant education center”) established on October 11, 2010 for the purpose of acquiring and disposing of auction real estate, consulting on real estate auction, real estate investment, real estate-related education projects, etc.

No one shall engage in a business of raising funds from many and unspecified persons without obtaining authorization or permission, making registration or report, etc. under Acts and subordinate statutes, and receive contributions under an agreement to pay the total amount of contributions or an amount in excess thereof in the future.

Nevertheless, the Defendant, without obtaining authorization or permission, making registration or reporting under the laws and regulations, had the intent to invite investment funds in the form of private funds with real estate investment loan, and then had the instant education center lecture room located on the 6th floor of Gangnam-gu Seoul Metropolitan Government DD Building around October 28, 2010, against many unspecified persons, such as the students of the previous education center, such as the students of the education center of this case, in order to raise high profits and make profits by investing an auction and real estate expert's total mobilization in a legally safe product and a legally safe product, and the investment profits shall be paid to all members, excluding certain expenses.

Although it is difficult to create high-income investments in small amounts, an investment explanation meeting is held to the effect that it would actually create high-income if it participates in real estate auction, etc. on the basis of the investment funds, and guarantee the fixed profit of 20 to 30% of the principal within the short period, and then, on February 16, 2011, it is posted to the purport that it will participate in the public sale of the Gangwon-do Incheon-do Incheon-gun F Apartment apartment through the Internet car page of the gathering of the gathering of investment funds through private equity funds, and that it will pay dividends with the principal of 30% of the investment rate, along with the principal of 6 months.