Defendant

A and B Imprisonment for one year and six months, and each of the defendants C and D shall be punished by imprisonment for ten months.

However, Defendant C and D.

Punishment of the crime

Defendant A was sentenced to ten months of imprisonment by the Incheon District Court on August 14, 2009 due to a violation of the Act on the Regulation of Similar Receiving Activities, etc., and the period of parole was expired on March 30, 2010 after the parole on April 20, 2010 after the parole on March 30, 2010.

1. No person who violates the Act on the Regulation of Similar Receiving Acts and subordinate statutes shall engage in the business of receiving contributions under an agreement with many and unspecified persons to pay the total amount of contributions or an amount in excess thereof in the future without obtaining authorization, obtaining registration, reporting, etc. in accordance with other Acts and subordinate statutes;

The network E, together with F, operated H Co., Ltd. and I Co., Ltd. on the seventh floor of Yeongdeungpo-gu Seoul Metropolitan Government G, and F Co., Ltd. as the representative director of the above company, controlled the above companies with business item indemnity, investor explanation, etc., and the network E, as the chairperson of the above company (in the case of H Co., Ltd. on registration, was listed as an internal director, and in the case of I Co., Ltd.), took overall control of the above companies with F, while investor explanation and management.

On the other hand, Defendant A was in charge of investor recruitment as the chief manager of the above company, and Defendant B was in charge of investor recruitment business and practical fund execution business as business director of the above company.

From November 13, 2012 to August 23, 2013, the Defendants, along with the network E and F, did not obtain authorization or make registration from the competent authority, and did not make a re-sale of N, a KOSDAQ, which is a KOSDAQ-listed company undergoing financial difficulties, to acquire and sell new shares by taking over and selling new shares against many unspecified people, including victims J.