1. All appeals filed by the plaintiffs are dismissed.

2. The costs of appeal are assessed against the Plaintiffs.

The purport of the claim and appeal is the purport of the appeal.

1. The court's explanation on this part of the basic facts is the same as the corresponding part of the judgment of the court of first instance, and thus, citing it as it is by the main text of Article 420 of the Civil Procedure Act

2. The parties' assertion

A. The plaintiffs' assertion 1) around the end of November 2012, the defendant accessed the plaintiffs and made it possible for them to make a large profit to make investments in the capital investment business of the President, the KJ et al., and the KMM business and the KMM business in Jeju-do. The defendant actively recommended investments from December 2, 2012 to March 2013 to ensure the investment principal, and the plaintiff A invested KRW 2.2 billion. The plaintiff did not receive dividends as well as the principal of the investment, and the plaintiff B did not receive 200 million won dividends from the investment principal, and the defendant was not aware of such investment principal and did not know that the investment principal was vulnerable to D et al., and the defendant did not know that the investment principal was vulnerable to D et al., and did not know that the investment principal was vulnerable to D et al., and the defendant did not know about the investment principal of the investment principal to the plaintiffs.

3. The defendant shall pay 325,850,00 won to the defendant with respect to the investment held by the plaintiff A from D, etc.