Defendant shall be punished by a fine of five million won.

If the defendant does not pay the above fine, KRW 100,000.

Punishment of the crime

1. Any person who intends to operate a unregistered credit business shall file for registration with the Special Metropolitan City Mayor, Metropolitan City Mayor, Metropolitan Autonomous City Mayor, Do Governor, or Special Self-Governing Province Governor, having jurisdiction over each place of

Nevertheless, on November 18, 2013, the Defendant, without registering with the competent authority, entered into a loan agreement with the lender B on the loan deposit amount of KRW 3,000,000 at the law firm written office located in Busan-dong, Busan-dong, Busan-dong, and made payment of KRW 2,80,000 after deducting KRW 2,00,000 as the fee, and made payment of KRW 40,000 for 10,000.

2. Where a credit service provider without registration exceeding statutory interest rates makes a loan, the interest rate shall not exceed 30 percent per annum;

Nevertheless, the Defendant, as mentioned in the preceding paragraph, agreed to lend money to B and receive interest at a rate of 275.8% per annum, received interest exceeding the statutory interest rate.

Summary of Evidence

1. Defendant's legal statement;

1. Application of the police protocol protocol law to B

1. Article 19 (1) 1, Article 3 (1) of the Act on Registration of Credit Business, etc. and Protection of Finance Users regarding criminal facts, Article 19 (1) 1, Article 3 (1) of the Act on Registration of Credit Business, etc. and Protection of Finance Users, Articles 19 (2) 3 and 11 (1) of the Act on Registration of Credit Business, etc. and Protection of Finance Users, and Selection of fines;

1. Of concurrent crimes, the former part of Article 37, Articles 38 (1) 2 and 50 of the Criminal Act;

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

1. Article 334 (1) of the Criminal Procedure Act of the provisional payment order;