Defendant shall be punished by a fine of 2.5 million won.

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

Punishment of the crime

1. Any person who intends to engage in credit business shall register with the competent administrative agency for each business office, and where unregistered credit service providers, etc. lend a loan, the interest rate shall not exceed 30 percent per annum;

Nevertheless, on November 21, 201, the Defendant, without registration, lent KRW 3 million to C, and paid KRW 2.7 million monthly interest at KRW 3 million after deducting KRW 3 million from the first month’s interest, and received KRW 300,000 per month from C.

2. Where a credit service provider lends a loan to an individual, the interest rate shall not exceed 39% per annum;

Nevertheless, around January 14, 2013, the Defendant registered a credit business with the trade name "F" in the Jung-gu E apartment and 105 Dong 405, Jung-gu, Chungcheongnam-gu, Chungcheongnam-gu, and "F". On May 6, 2013, the Defendant loaned KRW 5 million to C and paid KRW 4,300,000 after deducting KRW 700,000 in the name of the first month interest, and violated the restriction on the interest rate by receiving 50,000 won interest payment from C several times per month.

Summary of Evidence

1. Partial statement of the defendant;

1. Each legal statement of witness G and C;

1. Statement made to D by the police;

1. A copy of a credit business registration certificate;

1. Application of D’s Acts and subordinate statutes governing certified bank account copies;

1. Article 1 of the relevant Act on criminal facts and registration of credit business, etc. selective punishment, and protection of finance users;