A defendant shall be punished by imprisonment for three years.

Punishment of the crime

【Status of Defendant, etc.】 As the representative director of C (hereinafter “C”) established for the purpose of manufacturing and trade business, etc., the Defendant is a person who has overall control over the business of the above company, such as attracting, managing, and executing customer investment.

The first day of January 2016, part C joined an investment fund raised from many and unspecified persons in a life-insurance product and received enormous fees from the relevant insurance company, and distributed high rates of profits, allowances, etc. to all investors and attracting investors, and therefore, it was to promote the "insurance marketing" investment project on the ground of the business concept.

G plays a leading role to ensure that the above insurance marketing business can be conducted by introducing C to the Defendant, and is the vice president of the above company, who takes charge of general company affairs and so-called “one-time” investment management and enforcement affairs.

D On April 19, 2012, the Seoul Central District Court was sentenced to one year of imprisonment and three years of suspended execution due to a violation of the Act on the Regulation of Similar Receiving Acts, etc. at the Seoul Central District Court sentenced to two times, and proposed the above insurance marketing investment business to the defendant together with E, set up a compensation plan for investors, etc. while holding office as the general director of the above company (the head of the center). From January 2016, the person who leased a separate personal investment office to the Gangnam-gu Seoul Central District Court to take charge of the duties such as explanation and inducement of investment, investment profits, and payment of allowances.

The defendant, G, and D have committed the following crimes while promoting the above insurance marketing investment projects:

[Criminal Facts]

1. Any person who violates the Act on the Regulation of Similar Receiving Acts shall agree to pay the full amount of investment or any excess thereof in the future without obtaining authorization or permission from the authorities, and shall receive similar money, etc. from many and unspecified persons on the pretext of deposits, installment savings, installment savings, deposits, etc.;