A defendant shall be punished by imprisonment for one year.

Punishment of the crime

A is the chief executive officer (CEO), Defendant L is the chief executive officer (CEO), and Defendant M is the chief executive officer.

No one shall raise funds from many and unspecified persons without obtaining authorization, permission, or making registration or report pursuant to Acts and subordinate statutes, and make an agreement to pay the total amount of contributions or an amount in excess thereof in the future without obtaining any permission, permission, or making such registration or report.

Nevertheless, the Defendant agreed to pay investors an amount exceeding the amount of investment without obtaining the above A, M and its authorization, permission, registration, or report, and conspired to attract investment money.

On January 4, 2012, the Defendant and A agreed to pay 1.2 million won per week if an investor N makes an investment of one million won in one unit by paying 1.5 million won per week (5 days per week, and 30 thousand won per day) to the investor N, and received KRW 459,000,000 from 213 times in total, as shown in the attached list of crimes, from March 30, 2012.

Accordingly, the Defendant conspiredd with A and M to receive the fund without delay.

Summary of Evidence

1. Each legal statement of the defendant and A;

1. Protocol concerning the examination of suspect A (including the part concerning the defendant L) by the prosecution;

1. Each police statement made to AE and AF;

1. Investigation report (K office confirmation);

1. Statement of seizure by the police;

1. Application of Acts and subordinate statutes on investment details;

1. Article 6 (1) and Article 3 of the Act on the Regulation of Conducting Fund-Raising and Receiving Penalties without Permission; Article 30 of the Criminal Act; Article 30 of the Criminal Act;