Defendant shall be punished by imprisonment for a term of one year and four months.

Punishment of the crime

On November 24, 2016, the Defendant, at the C office located in the third floor of Mapo-gu Seoul Metropolitan Government building B, “C has the total right to purchase all E, F, and G” to the victim D.

Since products are good, high-income can be earned.

14,400,000 won (one unit) will be paid 50,000 won per week every day when investing.

However, each time when the profit of KRW 900,000 is paid, 60,000 shall be re-investment, and the difference may be accumulated by 300,000 won to receive the profit of 2 allocation of the investment amount.

However, due to the fact that there was no particular profit in C, it was thought that the fund was operated by the so-called “the return of the fund,” which is paid from other investors’ investment funds, and there was no intention or ability to continue to pay the profit even if the fund was received from the victim due to lack of any other self-sufficiency.

As such, the Defendant, by deceiving the victim and receiving the remittance of KRW 600,000 from the victim on November 24, 2016, and, from November 1, 2016 to January 20, 2017, received a total of KRW 333,096,00 from 7 victims over 286 times, such as the list of crimes in attached Form.

2. No person who violates the Act on the Regulation of Similar Receiving Acts shall import contributions from an unspecified number of people by promising to pay the total amount of contributions or an amount in excess thereof in the future without obtaining authorization or permission, or making registration or report;

On November 24, 2016, the Defendant, at the C Office located on the third floor of Seoul Mapo-gu Seoul building B, has “C, E, F, and G,” to investors D.

Since products are good, high-income can be earned.

14,400,000 won (one unit) will be paid 50,000 won per week every day when investing.

However, whenever the profit of KRW 900,000 is paid, 60,000 shall be re-investment, and the difference shall be accumulated by 300,000 won.