Defendant shall be punished by a fine of KRW 3,000,000.

If the defendant does not pay the above fine, 50,000 won.

Punishment of the crime

1. The fact that any unregistered credit business or any loan brokerage business is located shall be registered with the competent authority having jurisdiction over the relevant business office;

Nevertheless, around June 2013, the Defendant run credit business without registering with the competent authority, such as: (a) providing a mutual credit service office of “C” in the Defendant’s residence located in Yangcheon-gu Seoul Metropolitan Government B apartment No. 107, 613; and (b) lending KRW 3 million to F around June 5, 2013; and (c) lending KRW 2 million to G around June 12, 2013, respectively.

2.The interest rate applicable to a loan made by an unregistered credit service provider over the interest rate shall not exceed 30 per annum as provided for in the Interest Limitation Act.

around June 5, 2013, the Defendant lent KRW 3 million on the condition that the principal and interest interest shall be repaid for 120 days each day at the first point of the management of the Victim F in Ha in Gwangju-si around 2013, and received interest at 113.7% per annum under the said condition.

B. Around June 12, 2013, the Defendant lent KRW 2 million on the condition that the principal and interest interest shall be repaid for 160 days each day, and received interest at 85.4% per annum in accordance with the above condition.

Summary of Evidence

1. Defendant's legal statement;

1. Each written statement of D, E, and G preparation;

1. Investigation report (Calculation of interest rate);

1. Each report on actual conditions;

1. Application of Acts and subordinate statutes to each copy of a loan;

1. Article 19 (1) 1 and Article 3 (1) of the Act on the Registration of Credit Business, etc. and Protection of Finance Users concerning criminal facts and Article 19 (1) 1 and Article 3 (1) of the Act on the Registration of Credit Business, etc. and Protection of Finance Users (generally, the point of running a registered credit business without registration), Articles 19 (2) 3 and 11 (1) of the Act on the Registration of Credit Business, etc. and Protection of Finance Users

2. Of concurrent crimes, the former part of Article 37, Articles 38 (1) 2 and 50 of the Criminal Act;

3. Articles 70 and 69 (2) of the Criminal Act for the detention of a workhouse.

4. Order of provisional payment;