All appeals by the defendant and prosecutor are dismissed.

1. Summary of grounds for appeal;

A. In light of the fact that the defense counsel's defendant recognized a mistake when he was in the trial, and it is against the law, that the defendant did not plan the crime of this case, but did not plan the crime of this case, and that the degree of the defendant's participation in the crime of this case is relatively minor and that the actual gains are less than a relatively small, that there are some responsibility for the occurrence of crime and the expansion of damage to the victims who want to obtain high profits by abnormal investment methods, and that the defendant supports the old old old old old old old old old old old old old old old old old old old old old old old old old old old

B. In light of the fact that the public prosecutor’s crime of this case is the majority of the victims, the amount of damage is large and the damage is not recovered, and that there is a great need to prevent the mass production of a good victim in the future and to protect sound market economy order by punishing a person who violates the Act on the Regulation of Receiving Similar Acts like this case, such as this case, etc., the sentence of the court below is too unreasonable.

2. The crime of this case in collusion with F, etc., was committed by the defendant by deceiving a large number of unspecified persons in collusion with F, and by deceiving a large amount of investment funds, which is not good to the quality of the crime, the damage amount reaches 2.4 billion won, the defendant committed the crime of this case even though he was punished for the same crime, and the defendant committed the crime of this case; on the other hand, the defendant was found to have committed the crime of this case; on the other hand, the defendant was found to have committed the crime of this case; the defendant did not plan and lead the crime of this case as a whole; the defendant did not plan and lead the crime of this case; the defendant shared the execution of the marketing franchise, which is currently in place; the damage amount of group that the defendant was directly in charge of the crime of this case as the head of group within the company is about KRW 92 million, and the profit accrued by the defendant in relation to the crime of this case is about KRW 3 million.