A defendant shall be punished by imprisonment for not more than ten months.

Punishment of the crime

On September 28, 2012, the Defendant was sentenced to imprisonment with prison labor for a violation of the Punishment of Violences, etc. Act (organization and activity of organization, etc.) in the Suwon District Court’s Ansan Branch on September 28, 2012, and one year and six years of suspended execution for a period of ten (6) of the same year.

1. Violation of the Act on Registration of Credit Business, etc. and Protection of Financial Users;

(a) No unregistered credit service provider shall receive interest exceeding 30% per annum, in cases of unregistered credit service providers in violation of the restriction on interest rates;

The Defendant is an unregistered credit service provider that has not registered credit business with the competent authority.

around September 23, 2013, the Defendant loaned 4 million won to C, while lending 100,000 won to C, 620,000 won, such as commission 10,000 won, advance interest, 520,000 won, and extended 2.2 million won per five days on a condition that 5,000,000 won is repaid, and received interest equivalent to 344.2% per annum from September 18, 2012 to September 25, 2013, and violated the restriction on the interest rate by lending 7 times in total, such as as written in the list of crimes.

B. Although a person who intends to operate an unregistered credit business is registered with the Special Metropolitan City Mayor, a Metropolitan City Mayor, a Special Self-Governing City Mayor, a Do Governor, or a Special Self-Governing Province Governor having jurisdiction over the pertinent place of business, the Defendant provided a credit business by means of

2. No debt collector who violates the Fair Collection of Claims Act shall assault, threaten, arrest or detain a debtor or his/her related person in connection with debt collection, or use a deceptive scheme or force against him/her;

A. On December 20, 2013, the Defendant committed the crime of December 20, 2013: (a) around December 20, 2013, leased KRW 4 million to the victim C (e.g., 22 years of age) as set forth in the above 1-A, but phone called to the victim as the interest was not paid by the victim.