Defendant shall be punished by a fine of KRW 3,000,000.

If the defendant does not pay the above fine, 50,000 won.

Punishment of the crime

Any person who intends to run a credit business shall register his/her business with the administrative agency having jurisdiction over the relevant business office, and where an unregistered credit service provider lends a loan, the interest rate shall not exceed 30 percent per annum.

Nevertheless, on September 19, 2012, the Defendant borrowed 1.8 million won to C of Seocho-gu Seoul Metropolitan Government building B from 2.106 to 1.8 million won per year, and received 400,000 won as a fee and received 400,000 won as a interest, and received interest equivalent to 400% per annum.

In addition, from that time until April 19, 2013, the Defendant lent a total of KRW 1,101,000,000 to C on a total of six occasions, as shown in the attached crime list, and received interest equivalent to the maximum of 400% per annum.

Summary of Evidence

1. Defendant's legal statement;

1. Each police statement of C;

1. Application of Acts and subordinate statutes to investigation reports (attached to documents submitted by suspects);

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

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

1. It is so decided as per Disposition on the grounds of Articles 70 and 69(2) of the Criminal Act or more;