1. The defendant shall be punished by imprisonment with prison labor for fourteen years;

2. The Defendant shall obtain money from the applicant L, 27,828,250 won.

Punishment of the crime

[Status, etc. of the Defendant] Q was a person who had worked as a logistics company, etc. and worked as the president from January 2014 to August 2014, 200 U.S. Co., Ltd. (hereinafter referred to as “U”, “Seoul,” office: (a) was established for the purpose of providing advice on investment in the trading of Hong FX for 24 hours using the difference in exchange rates of eight advanced countries, such as US dollars, U.S. dollars, U.S., and UN. (hereinafter referred to as “R.”); (b) was working as a director in the branch of Korea (Seoul, Gangnam-gu, Seoul; (c) was established for the purpose of providing advice on investment in the trading of Hong F.V.; (d) was changed from August 2015 to KRW 15 to KRW 2707; and (e) was paid from KRW 100 to KRW 400 to KRW 50 to KRW 500.

The Defendant, a person who has been engaged in the Indian trading business, is the representative of Red Congo R R local subsidiaries and the head of the regional headquarters in Asian region in X (X and brand name in X; hereinafter “Y”) of Newland, a foreign futures company, and has opened an account by distributing the same amount to two futures companies together with Q, and then has purchased and sold the same amount by means of Hedling transaction. While it is possible to trade at one futures company, the Defendant is a person who is engaged in the development of a FX ME program that realizes the profit of one futures company at the same time as the loss of one futures company.

The Z is a person with an insurance agency's career and R. from January 2014.