A defendant shall be punished by imprisonment for not less than one year and six months.

Punishment of the crime

On January 7, 2009, the Defendant was sentenced by the Suwon District Court to a violation of the Act on the Regulation of Fraud and Unauthorized Receipt of Securities, and on September 8, 2009, the Defendant completed the execution of the sentence on September 8, 2009.

[2013 Highest 311]

1. The defendant is the representative director of C in violation of the Act on the Regulation of Conducting Fund-Raising Business without Permission.

No one shall engage in a business of importing money, etc. under the pretext of investment money, etc. by promising to pay the full amount or excess amount of the investment money in the future without authorization and permission of the authority.

In October 2010, the Defendant heard that the Defendant may bring profits to the Defendant’s investment of money to the importing company of straw, and had the intent to attract investors by attempting to pay the profits to meet the principal by distributing a certain amount of money for each week in order to collect the investment money.

Around November 19, 2011, the Defendant agreed that “D” located in the East Sea of Gangwon-do may receive dividends once a month from 4,000 won and shares. If 3,300,000 won per unit are invested, the Defendant may receive profits equivalent to KRW 5,00,000 by receiving a total of KRW 10,000 per share of KRW 5,000 per week.”

From August 30, 201 to February 7, 2012, the Defendant agreed to pay the full amount of investment or an excess amount, and agreed to receive 12,8850,000 won from August 30, 201 to February 7, 201, including that the Defendant received 100,000 won as investment money from the victim E as investment money from the victim E, and received 41,000,000 won in total or in excess of 48,511,00 won from the victim E, etc. as stated in the attached list of crimes, and received money without delay.

2. The Defendant, around November 19, 201, imported clocks from “D” located in the East Sea of Gangwon-do and from “F” to “victim E who became aware of the introduction of F.”