A defendant shall be punished by imprisonment for two years.

Punishment of the crime

G is a representative director of H, who has overall control over the operation of the business and takes charge of merchandise coupon profit business, and the defendant is a managing director who has overall control over the recruitment of investors and business as a managing director, and the I is a person in charge of the management of investment money and the distribution of allowances.

No one shall engage in a similar receipt of investments under an agreement to pay, in the future, the total amount of investments or an amount in excess thereof to many and unspecified persons without obtaining authorization, obtaining registration, reporting, etc., pursuant to Acts and subordinate statutes.

From April 8, 2016, the Defendant, G, and I operated a similar recipient company with the trade name “K” on the second floor of the J building in Gwangjin-gu Seoul Special Metropolitan City, and changed the trade name from July 30, 2016 to “H”. Around January 9, 2017, the Defendant, G, and I moved into the Songpa-gu Seoul Metropolitan L building and worked as an executive officer of “H”.

On April 8, 2016, the Defendant, G, and I conspired and did not obtain permission, registration, etc. from the competent authorities. “In the case of investing in the department store gift certificates business, the Defendant and G, and I purchase gift certificates at the department store in the city and create high profits at least 10% per month by selling them to wholesalers, etc., and selling them at the market price of 0.5% per day.

The principal of the investment shall be guaranteed, 25% of the dividends shall be paid for three months during the contract period, and 15% of the allowances shall be paid when the investor is introduced.

1 From 10,00 won per person (20 million won from January 2017) to 10,000 won per person, the period of investment agreement may be paid with dividends for each share specified as three months, the principal of the investment shall be paid at the maturity of three months, and re-investment may be made through re-resolution on a three-month basis.

Interest dividends shall be paid 25% of the principal (10% of the first month, 10% of the second month, and 5% of the last month), 15% (5%) from January 9, 2017, and 6 months from July 1, 2017, and 18% of interest dividends (3%) from July 1, 2017.

Principal, such as soliciting investment to the effect that “...............