A defendant shall be punished by imprisonment for not more than ten months.

Punishment of the crime

No person who violates the Act on the Regulation of Similar Receiving Act 7398 of 2015 shall engage in business of receiving contributions, etc. under an agreement to make payment of the total amount of contributions or an amount in excess thereof from many and unspecified persons without obtaining authorization, obtaining registration, filing a report, etc. in accordance with Acts and subordinate statutes.

From May 201, the Defendant has been operating the F and G farming association corporation in 205 of Seocho-gu Seoul Metropolitan Government D building and 502 of Gangnam-gu Seoul E building.

On September 30, 201, the Defendant would pay the interest of KRW 6-15% per month in the amount of KRW 10,000 per month to G farming association corporations that sell I's walk for drinking walk to H at the F Office of the F Office of the F Office of the above corporation.

“A total of KRW 10,00,000 from H to the Defendant’s new bank account, as well as from May 3, 2011 to April 13, 2012, an investor was transferred total of KRW 545,22,00 from 13 investors from May 3, 201 to April 13, 2012.

As a result, the Defendant agreed to pay the total amount of investment or an amount exceeding it in the future to an unspecified number of people without obtaining permission or filing a registration report in accordance with the laws and regulations, and received the investment.

"2015 Highest 8131" Fraud

1. On October 14, 2011, the Defendant against the victim J made an investment in F office located in Seocho-gu Seoul Metropolitan Government, F office in Seocho-gu, Seoul, with the victim J (“F”) “I’s U.D. investment in F office that sells a food chill, the Defendant would pay the principal of the investment and the profits equivalent to 6% of the monthly amount of the investment, and pay the principal ten months later.

“.....”

However, the fact that the business was not run properly at the time, and it was used to pay the investment principal and profit to the preferred investors.