2. It is recognized that social ties, such as the confession and reflect of the instant crime, the fact that there is no record of criminal punishment in Korea, and that there appears to be relatively clear social ties, such as the Defendant’s family and branch members of the Defendant’s wife.

However, the crime of this case is a non-registered money exchange business that exceeds 14.1 billion won in total in terms of the period, frequency, and total amount of money exchange, etc. of the crime of this case, and it seems that the crime of this case does not seem that the crime of this case does not seem to be less than that of the crime of this case, and there is a need to strictly punish foreign exchange transactions in this case. There is no special circumstance or change of circumstances that may be considered newly in sentencing in the trial, and there is no other special circumstance or change of circumstances that may be considered newly in sentencing in the trial, and all of the sentencing factors indicated in the arguments and records of this case, such as the defendant's age, character, character, environment, family relations, motive and consequence of the crime of this case, circumstances after the crime, etc., the punishment imposed by the court below is too excessive and it does not seem to have exceeded the reasonable scope of discretion.

Therefore, the defendant's assertion of unfair sentencing is without merit.

3. In conclusion, the defendant's appeal is dismissed in accordance with Article 364 (4) of the Criminal Procedure Act since it is without merit. It is so decided as per Disposition.