Defendant shall be punished by a fine of KRW 7,000,000.

When the defendant does not pay the above fine, 100,000 won.

Punishment of the crime

On May 11, 2017, the Defendant was sentenced to six months of imprisonment with prison labor for a violation of the Act on the Aggravated Punishment, etc. of Specific Crimes at the Daegu District Court on July 11, 2017, and the judgment became final and conclusive on July 11, 2017.

1. The Defendant violated the Act on the Registration of Loan Business and the Protection of Financial Users (unregistered Loan Business) (hereinafter “Unregistered Loan Business”) operated a loan business with a total of KRW 13.5 million and interest-based loan business with a victim C, who was aware of in the course of loan business by introducing a loan business to a large number of unspecified persons by a local bond company without registering the loan business from February 2, 2015 to October 10, 2015.

2. On December 2, 2015, the Defendant violated the interest rate limitation as indicated in the attached Table of crime, such as: (a) the Defendant, who violated the restriction on the interest rate of a unregistered credit service provider on KRW 5,200,000,000,000 in total, for 65 days each day, by lending KRW 4,000 in the vicinity of the “E cafeteria” D Victim’s “E cafeteria”), operated by the Defendant, the Defendant agreed to pay KRW 80,000,000 per day, subtracting KRW 10% of the interest, and KRW 4,000,000,000 per day; and (b) the Defendant received KRW 3,520,000 per annum (25%) exceeding the maximum interest rate prescribed in the law

Summary of Evidence

1. Partial statement of the defendant;

1. The legal statement of the witness C;

1. Details of passbook transactions (A);

1. Previous convictions: inquiry of summary information of the case and application of each statute of the judgment;

1. Article 19(1)1 and Article 3(1) of the Act on the Registration of Terms and Conditions for the Preliminary Loan Business, etc. and Protection of Financial Users concerning criminal facts; Article 19(2)3 and Article 11(1) of the Act on the Registration of Loan Business, etc. and Protection of Financial Users; Articles 19(2)3 and 11(1) of the Act on the Protection of Financial Users (the receipt of interest exceeding the limited interest rate); each of them shall be punished by a fine;

1. After Article 37 of the Criminal Act, Article 39 (1) of the same Act:

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

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

1. Article 334 (1) of the Criminal Procedure Act concerning the order of provisional payment;