Defendant

A Imprisonment for one year, Defendant B shall be punished by imprisonment for ten months, Defendant C and D by a fine of 5,00,000 won.

Punishment of the crime

Defendant

A The actual operator of H, who registered credit business on July 18, 2013, Defendant B, the representative director of Seocho-gu Seoul Metropolitan Government J, Defendant C, the person who registered credit business to Seocho-gu Office on June 13, 2013, and Defendant D, the representative director of L, who registered credit business on July 12, 2013, with the name of K.

1. Where a credit service provider, in violation of the Registration of Credit Business, etc. and Protection of Financial Users Act (a public offering by the accused) lends a loan to an individual or a small-scale corporation prescribed by the Presidential Decree, the interest rate shall not exceed 39/100 per annum

From June 7, 2013 to June 2013, the Defendants: (a) concluded a loan agreement with a credit card merchant; (b) concluded a loan agreement with the credit card merchant; and (c) concluded a loan agreement with the credit card merchant to lend an amount equivalent to the sales price on the following day; (d) paid interest at the rate of 0.8 to 1.1% on a three-day basis (e.g., 0. 0.3%; 0.35-0.6%; 0.15-0.25%) on the basis of the three-day basis; and (e) concluded a loan agreement with the credit card merchant; (e.g.,, (e) concluded a loan agreement with the credit card merchant; (e., (e) concluded a loan agreement with the Defendants; and (e) made a loan agreement with the lending merchant; and (e) deposited the loan account in the name of the lending business entity; and (e) deposited the loan account with the Defendant C’s account in the name of the lending business entity.

The Defendants are paying interest at an interest rate of 0.8-1.21% (including value-added tax) on the three-day loan agreement with N that operates “M” on August 10, 2013.