Defendant

A Imprisonment with prison labor for ten months, for four months, and for eight months, for each of the defendants C.

except that this shall not apply.

Punishment of the crime

Defendant

C On September 7, 2012, the Seoul Southern District Court sentenced 8 months of imprisonment for fraud and 2 years of suspended execution, which became final and conclusive on September 15, 2012.

Defendant

A is a person who actually operates a company G (A) with the sixth floor of the Ulsan-gu F building in Ulsan-gu, Seoul-gu, as seen above, changed the name from July 6, 201, and changed the name to “A” on September 29, 201; hereinafter “the foregoing company”). Defendant C is a person who is the regular director of the said company and Defendant B (JJ) as a business director of the said company.

The Defendants offered to the Defendant C’s proposal that the real estate development business, which had been the main revenue source of the above company, is not well-grounded, with the intention or ability to recover the non-performing loans and to make the return of investment, and there is no intention or ability to do so, to unspecified majority of the Defendants: “The above company is a bond investment company that conducts the business of recovering the non-performing loans which have been decided by the court but has not yet been recovered; when investing in the above company, 15% of the investment amount shall be interest and the principal shall be repaid within three months; when re-investment in the principal, the investment amount shall be repaid within six

1. No person who violates the Act on the Regulation of Conducting Fund-Raising Business without Permission shall make an agreement to pay the total amount of contributions or an amount in excess thereof to an unspecified number of persons without permission for such act;

Nevertheless, according to the above conspiracy, the Defendants ordered Defendant C to educate many and unspecified persons as above, and Defendant B, at the above company office on June 21, 2011, may make profits high from the purchase of insolvent bonds.

When investing a Gu unit (5 million won), interest equivalent to 15% of the monthly investment amount shall be paid, and the principal shall be returned within three months at the first time of investment and repaid within six months at the time of re-investment;