A defendant shall be punished by imprisonment for not less than eight months.

However, the execution of the above punishment shall be suspended for two years from the date this judgment becomes final and conclusive.

Punishment of the crime

"2018 Highest 985"

1. A person who intends to engage in loan business or loan brokerage business in violation of the Act on the Registration of Substitute Business, etc. and Protection of Financial Users due to unregistered loan business shall register with the Special Metropolitan City Mayor, Metropolitan City Mayor, Metropolitan Autonomous City Mayor, Do Governor, or Special Self-Governing Province branch having jurisdiction over the relevant place of business;

Nevertheless, on August 22, 2017, without registering the lending business to the competent authorities, the Defendant loaned KRW 2,00,000 to 59 persons from January 11, 2017 to November 10 of the same year, including lending KRW 2,36,40,00,00 to 59 persons from January 11, 2017, at the underground parking lot located in Suwon-si, Suwon-si, Suwon-si, with the introduction of the branch seal, and lending KRW 2,00,000 to C (the age 28).

2. Where a unregistered credit service provider that violated the Act on the Registration of Side Business, etc. and Protection of Financial Users due to an unregistered credit service provider’s breach of the interest rate limit gives a loan, the interest rate shall not exceed 25% per annum;

Nevertheless, on August 22, 2017, the Defendant, without registering the loan business, lent KRW 2 million to C (n, 28 years of age) who contacted with the introduction of the branch, at the underground parking lot located in Suwon-si, Suwon-si, Suwon-si, and delivered KRW 1,70,000,000 per annum after deducting KRW 1,00,000 from the prepaid interest and KRW 2,100,000 per annum 10,000,000 per annum, and received interest from around January 11, 2017 to October 10 of the same year from around 59 of the annexed crime list 1 to KRW 2,36,40,00 per annum.

3. Where a credit service provider that violates the Act on the Registration of Side Business, etc. due to Violation of the restrictions on interest rates of a registered credit service provider and the Protection of Financial Users lends a loan to an individual or a small corporation, the interest rate shall not exceed 24 percent per annum;

Nevertheless, on November 15, 2017, the defendant is found D, and 503, Soyang-gu, Soyang-gu.