Defendant shall be punished by a fine of KRW 5,000,000.

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

Punishment of the crime

In order to create the National Sports Promotion Fund, the Seoul Olympic Sports Promotion Foundation entrusted the sports promotion betting business in which refunds were granted to persons who correctly predicted the outcome of sports events to hold the Sports Promotion Fund.

No person, other than the entrusted business entity, shall provide property or financial benefits to persons who issued sports betting tickets or similar things and predicted the outcome thereof.

The Defendant: (a) conspired to open and operate the website of the sports promotion betting business with B, C, D, and E in order to raise profits; (b) Company B as an operator of F; (c) Company C’s role of operating and financing KRW 40 million; (d) Company D’s role of program management as a server manager; (c) Company B’s investment in KRW 19 million; (d) Company B’s membership recruitment; and (e) Company B’s receipt of a proposal for total sales from Company B from around July 2011 to August 9, 201; (c) Company received KRW 300 in return for the said website’s account from its members; (d) Company received KRW 19 million in return for the said amount of money from its members; and (e) Company B received KRW 190 in return for the said amount of money from its members; and (e) transferred the money from its members to 30 times in 200; and (e) Company B received the money from its members; (e) Company 1981 in the amount of the said website from its members;

Accordingly, the defendant in collusion with B, C, D, and E, without being entrusted by the Seoul Olympic Sports Promotion Foundation.