Defendant shall be punished by a fine of 6 million won.

If the defendant does not pay the above fine, the amount of KRW 100,000 shall be paid.

Punishment of the crime

On July 14, 2016, the Defendant was sentenced to imprisonment with prison labor for a violation of the Act on the Registration of Loan Business, etc. and Protection of Financial Users in the Seoul Eastern District Court on April, 2016, and on November 25, 2016, the same court was sentenced to imprisonment with prison labor for a violation of the Act on the Registration of Loan Business, etc. and the Protection of Financial Users, and the said judgment was finalized on December 12, 2016.

On April 14, 2014, the Defendant completed the registration of a loan business with the trade name “C” in the Seongbuk-gu Seoul Metropolitan Government Office, and then is a registered credit service provider that operates a loan business in Seongdong-gu Seoul Metropolitan Government D, and if a registered credit service provider lends a loan, he/she shall not receive interest exceeding the interest rate of 34.9% per annum.

On February 3, 2015, the Defendant would lend KRW 20 million to E to the obligor who visited the lending company in order to borrow money from the person who was subject to the loan on February 3, 2015.

However, it requests notarial acts using the borrowed principal as KRW 20 million. If the principal and interest for KRW 2 million is not paid until March 3, 2015, the repayment deadline, the compulsory execution will be conducted with a contract with KRW 20 million as the principal.

If the condition is not refused, no money will be lent.

In the same day, G notarial office located in the Gwangjin-gu Seoul Special Metropolitan City on the same day entered the loan amount column and interest rate column in the loan transaction standard contract, prepared all the remaining items, and copied the contract in one page, and stated the amount in the column of the loan amount of the original contract as 34.9% per annum in the column of interest rate, and stated the amount in the column of the loan amount of the contract as 34.9% per annum in the column of interest rate. The copy of the contract was notarized as to the loan amount of 2,00,000 won ( e.g. 2,00,000 won). The copy of the contract was given to the above E by borrowing 1.35 million won after deducting 6,50,000 won per real loan amount from the loan amount.

When the Defendant did not repay the above loan by March 3, 2015, the due date for which E was due, the Defendant was the obligor of the Suwon District Court E, and the obligor is the obligor of the obligation.