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

From September 2016, the Defendant is a person who runs a lending business by distributing a prestigious leaflet to the effect that the Defendant would grant a loan for the number of days at the non-permanent directors of the Chang-si Mapo-si, Changwon-si.

1. Where a credit service provider who has not registered a violation of the Act on the Registration of Side Business, etc. and Protection of Financial Users due to an excessive amount of law makes a loan, the interest rate shall not exceed 25 percent per annum;

A. On October 15, 2016, the Defendant entered into a loan agreement of KRW 2,50,000 with the principal and interest rate of KRW 10% at the Piano Teaching School located in Changwon-si, Changwon-si, Changwon-si, Changwon-si, and the Defendant paid KRW 2,250,000 after deducting the principal and interest rate of KRW 10%. The Defendant agreed to receive interest rate of KRW 250,000 each week from the date of the loan to receive interest rate of KRW 298.2% each year from the date of loan and received interest rate of KRW 250,000 each week from 13 weeks from the date of loan.

B. On October 15, 2016, the Defendant entered into a loan agreement with the secondary owner D, 2,000,000 won at the FPian E, Changwon-si, Changwon-si, Changwon-si, and paid 1,800,000 won after deducting 10% of the prior owner’s interest, and paid 200,000,000 won for each share of KRW 13 weeks from the date of the loan to receive interest rate of 200,000 per annum, and then the Defendant agreed to receive interest rate of 298.2% per annum from the date of the loan to receive interest rate of 298.2% per annum.

2. Any person who intends to engage in the business of registering large-scale side business, etc. by unregistered loan business and loan business violating the Act on the Protection of Financial Users shall file for registration with the Special Metropolitan City Mayor, Metropolitan City Mayor, Metropolitan Autonomous City Mayor, Do Governor or Special Self-Governing Province Governor having jurisdiction over each place of business

Nevertheless, from September 2016 to February 2017, the Defendant distributed a name tag to provide loans for the number of days without registering the lending business, and leased money to B and D under the same conditions as the written in paragraph 1.

Summary of Evidence

1. Statement by the defendant in court;

1. Each police statement made with respect to B or D;

1. An investigation report (with respect to B’s details of repayment of principal and interest);