Defendant shall be punished by a fine of five million won.

If the defendant fails to pay the above fine, 50,000 won shall be one day.

Punishment of the crime

The defendant is an unregistered person who runs a credit business.

Where a credit service provider unregistered makes a loan to an individual, the statutory interest rate shall not exceed 30% per annum.

Nevertheless, the Defendant violated the statutory interest rate limitation as follows.

1. Around 19:00 on February 10, 2012, the Defendant loaned KRW 2,60,000 to the obligor B, and offered the remainder of KRW 1,740,000 on a one-time basis, and actually paid KRW 260,000 on a one-time basis, in cash, and provided a loan at an interest rate of KRW 133.33% per annum on a condition that 260,000 per ten days shall be repaid nine times per ten days, and received interest equivalent to KRW 36.0% per annum from April 1, 2010 to September 11, 2012 as indicated in the attached Table of Crimes (excluding paragraph (9)).

2. On October 15, 201, at around 11:00, the Defendant received a request from an obligor C to grant a loan of KRW 3 million from a multilateral bank in which the trade name located in the local village of Jung-gu, Daegu-gu, Daegu-gu, and the Defendant received a request from the obligor C to grant a loan of KRW 3 million, and the Defendant paid a loan of KRW 3,00,000,000 to the obligor in cash, and the Defendant received interest equivalent to 5% per annum of the principal each month from the three months to the repayment

3. On April 15, 201, at around 11:00, the Defendant received a request from the debtor D to lend KRW 20 million to a certified judicial scrivener office having no knowledge of the trade name that is adjacent to the Daegu Suwon-dong court, the Defendant: (a) paid in cash the amount of KRW 20 million; (b) set up a mortgage on the amount of KRW 644m2 per annum in the 15th century owned by D; and (c) lent the amount of KRW 36% per annum on December 30, 201 under the condition that the principal shall be paid at an interest rate of KRW 36% per annum until the principal is repaid.

4. On May 20, 201, at the time near the G market located in Daegu-gu, Daegu-gu, the Defendant was requested to lend KRW 3 million from the obligor H at the time of the G market.