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

If the defendant does not pay the above fine, KRW 100,000.

Punishment of the crime

No person, other than credit service providers or credit financial institutions, may place an advertisement for loan business.

Nevertheless, the Defendant, without registering the lending business to the competent authorities, advertised the lending business for about seven months by distributing a name card advertising site stating the content of “daily money”, etc. using Matoba-dong, Maba-dong, Gyeonggi-do, from Jun. 2, 2016 to Jan. 2, 2017.

Summary of Evidence

1. Statement by the defendant in court;

1. A report on internal investigation (referring to a report made by a manufacturer with a single life tag and attaching twice a report on the examination of suspect);

1. Application of Acts and subordinate statutes reporting investigation results;

1. Article 19 (1) 3 and Article 9-2 (1) of the Act on the Registration of Business of Lending, etc. of Specific Crimes and the Protection of Financial Users;

1. Article 70(1) and Article 69(2) of the Criminal Act to attract a workhouse;

1. It is so decided as per Disposition on the grounds of Article 334(1) or more of the Criminal Procedure Act.