Defendant

A shall be punished by imprisonment with prison labor for twenty years.

Defendant

B and Defendant C Co., Ltd. shall be punished by a fine of 50,000.

Punishment of the crime

The defendant A of "2017 Gohap 327" is a person who has overall control over investment explanation, investor recruitment organization, investor recruitment, and investment management, etc. as the actual representative director of the corporation B (the change between P and P around March 30, 2016, Q and P around January 18, 2017, and P around January 23, 2017) which is a multi-level financial institution that receives similar money in the Gangnam-gu Seoul N, Gangnam-gu. (the change between P and P around July 30, 2016, and Q and B around January 18, 2017).

1. No person violating the Regulation on Similar Receiving Act shall commit an act of receiving investments from many and unspecified persons without authorization or permission from the authorities to pay the full amount of investments or an amount in excess thereof, and the said companies have not obtained authorization or permission, etc. for the banking business, etc. for which the principal may be guaranteed and the amount of investments may be received (A Co., Ltd. is limited to the registration of investors’ door-up business, investment-day forestry, and B did not obtain any authorization or permission). Nevertheless, from March 2, 2016 to May 22, 2017, Defendant A paid the full amount of 1% of its principal and 6% of its total monthly revenue or 3% of its total monthly revenue at the time of investment with 3-month maturity or 6% of its total monthly revenue at the time of investment with 3-month maturity or 6% of its total monthly revenue at the time of investment with 16-month maturity or 6% of its total monthly revenue (3% of its total monthly revenue at the time of investment).