A defendant shall be punished by imprisonment for a term of one year and two months.

Punishment of the crime

The Defendant is a person who operates a loan business by lending a certain amount of money from another person’s credit card merchant terminal in the name of another person prepared with a credit card in advance with the credit card and deducting the remainder from the money in cash, or by leasing a loan business under the name of a person who wants to borrow a credit card and deducting the money in the name of the following commission from the money paid in lieu of the credit card of the person who wants to borrow various taxes:

1. Any person who intends to engage in loan business in violation of the Act on the Registration of Loan Business, etc. and the Protection of Financial Users shall register the relevant place of business with the administrative agency having jurisdiction over the relevant place of business;

A. The Defendant, without registering a loan business, lent the franchise terminal in the name of E, such as “F, G, H’s name, I, and J’s name,” without registering a loan business. From July 28, 2014 to December 16, 2016, the Defendant run a business in cash equivalent to KRW 1,537,208,00 in total with credit cards from those who wish to obtain a loan on a total of 1,96 occasions, i.e., a credit card store in the name of E, “I,” and “K under the J’s name,” a credit card store in the name of Busan Jin-gu from July 28, 2014 to December 16, 2016.

B. The Defendant wants to obtain a loan from a LM5 passenger car that was parked near the section of the new bank located in Busan-dong from July 28, 2014 to November 21, 2016, without registering the loan business.