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

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

Punishment of the crime

A person who intends to engage in credit business or loan brokerage business shall register with the Special Metropolitan City Mayor, a Metropolitan City Mayor, a Metropolitan City Mayor, a Do Governor, having jurisdiction over the relevant place of business, and if an unregistered credit service provider lends a loan, he/she may

The defendant did not register his credit business to the competent authority.

1. Receipt of excess interest;

A. On July 25, 2013, the Defendant: (a) lent KRW 7,00,000 to D at a male hel professional beauty reading room located in Gangnam-gu Seoul Metropolitan Government, and (b) concluded a loan agreement with KRW 6,760,000, deducting KRW 100,000 as a fee for one-day interest; (c) concluded a loan agreement with a payment of KRW 100,000 per day during 83 days from D; and (d) violated the restriction on the interest rate by receiving interest rate of KRW 185.2% per year.

B. On August 29, 2013, the Defendant lent KRW 10,000,00 to D at the above beauty art room, and concluded a loan agreement that deducts KRW 200,000 as a fee and KRW 120,000 as a one-day interest, and breached the restriction on interest rate by receiving interest rate of KRW 15.2% per annum for 99 days from D.

2. The Defendant running unregistered credit business without registering with the competent authority as described in paragraph (1) and without registering with the competent authority and without registering with the competent authority from June 2013 to December 16, 2013, the Defendant engaged in unregistered credit business for profit without registering with the competent authority.

Summary of Evidence

1. Partial statement of the defendant;

1. Partial statement of the police interrogation protocol of the accused;

1. Investigation report (victim D telephone communications);

1. Report of internal investigation (attaching a copy of invoice of case, etc.);

1. Application of Acts and subordinate statutes to report internal investigation (verification as to whether registration for credit business has been made against a suspected suspect);

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 facts constituting an offense, and the Unregistered Credit Business.