Defendant

A Imprisonment with prison labor of one year and six months, and Defendant B shall be punished by imprisonment with prison labor of one year.

However, for two years from the date this judgment becomes final and conclusive.

Punishment of the crime

Defendant

A is the representative director of A and A, which is established for Eti and financial consulting purposes, and Defendant B is the director of the LAC, and D (in the stay of the Philippines) is the representative director of the LAE established for the purpose of electronic commerce transaction, electronic currency-related development, domestic and overseas real estate consortium business, etc.

1. No person who violates the Act on the Regulation of Similar Receiving Acts shall engage in a business of raising funds from many and unspecified persons under the pretext of making investments, etc. in the future without obtaining authorization, permission, etc. from the authorities, by promising to pay the total amount of investments or an amount exceeding such amount

Nevertheless, the Defendants introduced a business plan against many and unspecified persons in the office of the Seoul Songpa-gu Seoul F Building Co., Ltd. on July 17, 2017 without the authorization or permission of the authorities, and the Defendants paid 1% of the amount of the investment every day from 3 days after deposit to 40 times, and return the principal of the investment to 40 days.

“To pay dividends of 10% per month when investing in a casino business of the Philippines” or “to guarantee the principal six months after the payment of dividends.”

In order to attract investors, 10% of the investment fund will be paid as a separate introduction fee.

“A business explanation shall be made, and Defendant A shall prepare an investment agreement with H that is so harsh, and the following year shall be the I Bank Account (J) in the name of the Bank Co., Ltd. of the same day, with KRW 10 million:

7. 26. Minority KRW 20 million, and the same year.

8.4. A total of KRW 50,000,000,000 in total on three occasions, including around 20 million, was remitted as a casino business investment loan.

In collusion with D, the Defendants received a total of KRW 1,692,350,000 from 46 investors in total over 161 times from around May 1, 2017 to March 15, 2018, in collusion with D, as indicated in the list of crimes in the attached Form.

2. The facts of fraud were (State) the projects pursued by the C, without establishing a specific plan, there was no obvious profit-making scheme.