Defendant

A Imprisonment with prison labor of one year and six months, Defendant B imprisonment with prison labor of eight months, Defendant C with prison labor of six months and Defendant D.

Punishment of the crime

On November 29, 2016, Defendant A was sentenced to a suspended sentence of ten months of imprisonment for fraud at the Seoul Central District Court on October 29, 2016 and the judgment became final and conclusive on June 23, 2017.

Defendant

C On January 28, 2016, the Seoul Central District Court sentenced 8 months to a violation of the Act on the Regulation of Similar Receiving Acts, etc., and completed the enforcement of the sentence on May 4, 2016.

From June 2016, Defendant A, the representative of J Co., Ltd. (hereinafter “J”), a similar recipient company, was in charge of the management of funds, decision-making on investment, and other business affairs of the said company. Defendant B, Defendant C, the management director of the said company, and Defendant D, as the advisor of the said company, led each business team to the business team, and were in charge of the business employees, the recruitment of investors, etc., and the J is a corporation established for the purpose of real estate leasing business.

When the Defendants make an investment in J against an unspecified number of investors, they will guarantee 10% high profit per month within a short period of not more than 3 months by making profits through stock investment, corporate acquisition merger, etc.

The purpose of this paper is to acquire the investment money through fraud.

Accordingly, the Defendants established the main office in the K Building 3501 and 3502 in Yeongdeungpo-gu Seoul Metropolitan Government, the main office in the J Building 803 in the same Gu, and the 12th floor in the same Gu M buildings, Busan, Gwangju, and the Incheon, and recruited investors.

On September 30, 2016, Defendants also found, at the J head office around September 30, 2016, that “J is a specialized investment company divided into a business team, a business strategy team, and an asset management team as a specialized investment company that started to conduct business on June 1, 2016. However, the Defendants are specialized management consultation companies that subscribe to or merge companies with stocks of companies listed on KOSDAQ.

A Representative has been shares for the last 15 years, and is an expert who has been engaged in corporate mergers and M&A, and is stock investment, bonds acquisition, block with all.