A defendant shall be punished by imprisonment for not less than eight months.

However, the execution of the above punishment shall be suspended for two years from the date this judgment becomes final and conclusive.

Punishment of the crime

No one shall agree to pay the full amount of contributions or an amount in excess thereof in the future without obtaining authorization and permission from the authorities and shall receive money, etc. from many and unspecified persons for the purpose of making investments, etc.

B, C, and D were the joint representatives of the E Group in Korea of the U.S. E Group established for the purpose of B-Co-investment, etc. and the top-tier business operator, and around January 2018, the E Group first started its business in Korea through the name of “F”, the name of “G”, the head of the Asian branch, the name of “G”, the head of the Korea Organization Team, H (I), the head of the Korean Organization Team, and J (K), the head of the Korean team, etc., and held subsequent interpretation and receipt of investment funds, and was in charge of soliciting investors and managing each local sub-party business, and the Defendant was in charge of raising investment funds by inducing an unspecified number of investors and inducing investments.

In December 2018, the Defendant had experience of at least 12 years in the investment management industry and has deep experience in in-depth analysis of digital encryption currency and traditional investment aspects against N, etc. at coffee stores located in Gwangju Dong-gu.

Since the incorporation of the company in 2006, the assets of USD 120,000, which he managed, have increased the point and exceeded USD 5,000,000.

B. From April 2018, investment in E is raising an average of 600 to 7 million won per day.

E In order to make an investment, it is necessary to transfer an investment amount equivalent to the current market price as of BTC (BTC) after membership to a designated account, and there are 51(0.05BC) sets, 52(0.15BC sets, 53(0.75BTC), 54(1.50BC sets, 300 days for investment goods.

Since daily dividends (0.1% or 0.3% of investments) and monthly dividends (5% of investments for five months) according to purchased goods are paid, 250 days after the agreement is reached.