If the defendant does not pay a fine, one hundred thousand won shall be the day.

Any person who intends to conduct foreign exchange business shall prepare human and physical facilities necessary for conducting foreign exchange business and register with the Minister of Finance and Economy, as prescribed by Acts and subordinate statutes.

In collusion with C, the Defendant: (a) had been in mind to engage in a free foreign exchange business for exchanging money to domestic residents using a casino in China; (b) had been engaged in soliciting investors who are in need of exchange and customers who are in need of exchange in marina; (c) the Defendant received deposits from domestic residents in Maka who are in need of exchange through the Defendant’s domestic account; (d) had deposited the remainder of 1.5% of the commission for exchange from the red bean equivalent to that of the red bean which was received from investors in Makao, and then had 0.37% of the above commission.

On May 22, 2016, the Defendant received D’s request for money exchange from 2,00,000 won from Mamakao (hereinafter referred to as “Smaka”), and received 2,000,000 won from the Saemaul Savings Depository account in the name of the Defendant via the account under the name of the Defendant, and then exchanged 2,281,807,326 won in total over 244 times from May 13, 2016 to June 30, 2016, as shown in the list of crimes, with the exception of fees, from the transfer of 2,00,000 won to the Saemaul Savings Depository account in the name of the Defendant.

In collusion with C, the Defendant did not register with the Minister of Strategy and Finance, and did foreign exchange business such as payment, receipt, etc. between the Republic of Korea and China.

Summary of Evidence

The defendant's legal statement (the second trial date) investigation report of the police's statement to F of the police interrogation protocol for E (D telephone call) internal investigation report (the response to the warrant of search and seizure of financial accounts).