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

The defendant is a person who conducts money exchange business with many unspecified people in the Gimhae Airport.

Any person who intends to engage in money exchange business that purchases or sells foreign currencies shall prepare facilities necessary for conducting money exchange business and register such business with the Minister of Strategy and Finance in advance.

Nevertheless, at around 12:45 on October 17, 2012, the Defendant, without registering, purchased 20,000N 276,000 won from Japan in the smoking room adjacent to the 1st floor of the Kimhae International Airport in Gangseo-gu, Busan, and operated a money exchange business by purchasing 20,000N 276,00 won from Japan.

Summary of Evidence

1. Defendant's legal statement;

1. C’s self-written statement;

1. Application of the seizure protocol and the photograph of seized cash Acts and subordinate statutes;

1. Article 27 (1) 6 and Article 8 (3) of the Foreign Exchange Transactions Act applicable to the relevant criminal facts, the selection of punishment, and the selection of fines;

1. Articles 70 and 69 (2) of the Criminal Act for the detention of a workhouse;

1. Article 30 of the Foreign Exchange Transactions Act;

1. It is so decided as per Disposition for not less than Article 334(1) of the Criminal Procedure Act.