A defendant shall be punished by imprisonment for six months.

However, the execution of the above punishment shall be suspended for two years from the date this judgment becomes final and conclusive.

Punishment of the crime

1. Any person who intends to engage in loan business in an unregistered loan business shall register with the Mayor/Do Governor having jurisdiction over the relevant place of business;

Nevertheless, on October 2015, the Defendant provided personal counseling on the Internet game site without registering the lending business to the competent authorities.

B posted the phrase “B”, and around October 3, 2015, to lend 200,000 won to C who reported and contacted the foregoing loan business advertisement in the Kafin located in Mapo-gu Seoul Metropolitan Government, Mapo-gu, and agreed to receive 220,000 won as a prior interest and to receive 40,000 won each for 60 days, and to provide a loan business without registration, such as lending money from January 2015 to the above around 13 times as indicated in the attached list of crimes.

2. If an unregistered credit service provider lends a loan to an individual or a small corporation prescribed by Presidential Decree, the interest rate shall not exceed 25/100 per annum;

Nevertheless, the Defendant agreed to lend KRW 2 million to C on October 3, 2015, as stated in the foregoing 1. Paragraph, and agreed to receive KRW 220,000 as a prior interest, after deducting KRW 220,000 from KRW 40,000 for 60 days, and received interest at 378.7% per annum by receiving the money as principal and interest.

In addition, the Defendant received interest at least 25% per annum from 12 persons from January 2015 to around the above time, as indicated in the No. 1-3 and No. 5-13 of the attached Table of Crimes.

Summary of Evidence

1. Statement by the defendant in court;

1. A protocol concerning the examination of suspects of D;

1. Statement made by the police against C;

1. Financial transaction information and account details, and application of Acts and subordinate statutes to investigation reports (calculated of interest rates);

1. Article 19(1)1 and Article 3(1) of the Act on the Protection of Financial Users and Registration of Preliminary Loan Business, etc. for Criminal facts (unregistered loan business)