Defendant shall be punished by a fine of KRW 2,000,000.

If the defendant does not pay the above fine, 50,000 won.

Punishment of the crime

Defendant

A as a registered credit service provider, the maximum interest rate under the contract for lending and borrowing of money is not more than 30% per annum. However, around May 2010, at the Gangnam-gu Seoul Metropolitan City B hotel Shono room, the above statutory interest rate was exceeded by receiving the interest at the rate of 136% per annum on the condition that the debtor C is repaid in 120,000 won per annum for 100 days each day.

Summary of Evidence

1. Defendant's legal statement;

1. Application of Acts and subordinate statutes to report on investigation;

1. Article 19 (2) 3 and Article 8 (1) of the Act on the Registration of Relevant Acts concerning facts constituting an offense, the elective Lending of Punishment, etc., and Protection of Finance Users (the point of exceeding the interest rate of a registered credit service provider, and the choice of fines);

1. Articles 70 and 69 (2) of the Criminal Act for the detention of a workhouse;

1. It is so decided as per Disposition for not less than Article 334(1) of the Criminal Procedure Act.