Defendant

A and B shall be punished by imprisonment for six months, and by imprisonment for eight months, respectively.

However, as to the defendant A and B,

Punishment of the crime

Defendant

C is actually operating F as the representative director of (ju)G holding company (ju) company established for the purpose of “providing Internet stock information”, etc. on the 5th floor of Seocho-gu Seoul E building, Seocho-gu, Seoul. The said B is the representative director of the said F, and A is the executive director of the said F.

In fact, the Defendants or F did not have any special property on or around January 2012 to April 2012, and did not have any special revenue. Rather, the structure was that the Defendant required to spend KRW 30 million as the management expenses of each company every month. The Defendants or F was engaged in the so-called “return prevention” type in which investors should return the investment funds or repay the borrowed funds to those who invested or borrowed money under the same name under the pretext of the development, etc. of the mobile small payment settlement system, and in this situation, the funds invested or borrowed from the victims could not be invested in the development of the mobile small payment settlement system, and even if they received investments from the victims in view of the Defendants’ financial status, there was no intent or ability to pay the investment funds or investment profits, and there was no intention to receive the fees from the investors.

1. The Defendant C, at the above F Office on January 2012, 2012, extended a loan to the victim with the payment of 10% of the loan to 10 personal persons specialized in stock transaction.

The fee is paid every time when shares are traded, and if the company invests KRW 20 million in our company, the profit of KRW 150-170 million per month will be paid every month.

“A false statement was made to the same effect as Defendant B and A made a false statement to the same effect.

However, as above, the Defendants are willing or ability to pay investment money or investment profit even if they receive investment from the injured party.