A defendant shall be punished by imprisonment for one year.

Punishment of the crime

1. On July 4, 2016, the Defendant, at the E office operated by the victim D in Namyang-si, Namyang-si, around July 4, 2016, operated the pawnba in front of the casino, and was committed as if the loan business was a loan service provider with approximately KRW 4 billion, while engaging in loan business, and the Defendant would pay 10% interest of the principal of the investment to the victim in a business lending money to customers who use the casino and receiving high interest.

If a safe article is established as a pledge because there are many safe articles in the pawnpos, 10% interest of each month shall be paid.

When investing KRW 100 million, interest of KRW 10 million may be paid every month.

The principal shall be recovered within two months.

“A false representation was made.”

However, in fact, the Defendant was not operating pawnbagn in the boat, and the loan business was not more than 4 billion won, and even if receiving money from the injured party, the intent was not to lend money to the customer using the casino, but to use it as the Defendant’s debt and living expenses, etc. Therefore, the Defendant received money from the injured party and lent it to the victim, and there was no intention or ability to pay the principal and interest to the victim within two months.

Nevertheless, the Defendant, as seen above, received money of KRW 96.5 million from the time when he received a delivery from the injured party on July 4, 2016, and acquired money from the Defendant through the same method until August 15, 2016, including from the time when he received the delivery of KRW 10 million from the injured party, and acquired money of KRW 96.5 million through the same method as in the list of crimes in the attached Form (Fraud).

2. Any person who intends to engage in loan business in violation of the Act on the Registration of Loan Business and the Protection of Financial Users shall register the relevant place of business with the competent authority having jurisdiction over the relevant place of business;

The Defendant did not register with the competent authority, and around April 1, 2016, the Defendant loaned KRW 1 million to F in front of a casino located in the Mag-ri, Mag-ri, Gangwon-do, from that time to July 19, 2016.