Defendants shall be punished by a fine of KRW 3,000,000.

In the event that the Defendants did not pay the above fine, the Defendants did not pay the fine.

Punishment of the crime

[A] Defendant A was sentenced to eight months of imprisonment for fraud at the Gwangju District Court on May 18, 2016, and the above judgment became final and conclusive on August 3, 2016.

[2] No person may engage in a business of receiving investments under an agreement to pay the total amount of investments or an amount in excess of the aforementioned amount in the future from many and unspecified persons without obtaining authorization, obtaining registration, reporting, etc. under the Acts and subordinate statutes.

C The farming association corporation received investment funds from many unspecified persons, D is the representative director of C farming association, the business owner of C farming association, the business owner of the Gwangju Center of C farming association, and the defendant A operated C farming association center at the third floor office of the building in Gwangju Dong-gu, Dong-gu, Gwangju.

The Defendants, in collusion with D, shall not obtain authorization under the laws and regulations, and on December 23, 2014, at the mutual influent restaurant located in Heung-dong, Gwangju, the Defendants would make an investment in F in the c agricultural partnership’s two capital business.

In the case of exporting momos pigs, the profits will be distributed to the profits.

The amount of 920,00 won per swine mace. 9.20,00 won per swine shall be 1 mace, and 7.40,00 won per swine mace, the remaining amount of money shall be provided above, and dividends per macece shall be distributed twice a day and no more than 40,000 won a day, and the principal shall be recovered within three months.

As explained to the purport of “”, around December 23, 2014, KRW 2.9.6 billion was transferred from F to the Agricultural Cooperative Account (H) in the name of Defendant B’s father G, from that time to January 4, 2015, and received KRW 4,440,000 from three unspecified persons, including F, in total, from January 4, 2015, and agreed to pay an amount exceeding the total amount of investment in the future from many unspecified persons, including F, as indicated in the list of crimes committed.

Summary of Evidence

1. Defendants’ respective legal statements

1.Each Party to F, I, and J.