Defendant shall be punished by a fine of four million won.

If the defendant does not pay the above fine, KRW 100,000.

Punishment of the crime

On July 23, 2014, the Defendant was sentenced to a fine of three million won for a violation of the Foreign Exchange Transactions Act at the Seoul Central District Court on July 23, 2014, and three times the record of the same type of crime.

A person who intends to engage in foreign exchange business shall prepare sufficient capital, facilities, and professional human resources to conduct foreign exchange business and register it with the Minister of Strategy and Finance in advance, as prescribed by Presidential Decree, but the defendant purchased the foreign currency exchange business without registration from July 2, 2015 to August 2, 2015 at a container installed in front of the Seoul Jung-gu Seoul Metropolitan Government, and from his/her name-unregistered foreigners who find the location thereof, with the United States US US US US US dollars and the Chinese Narization, etc., and sold a certain amount of profits.

Summary of Evidence

1. Statement by the defendant in court;

1. A copy of the name cards for detection and reporting and public relations;

1. Previous conviction: Inquiry about criminal history, application of each summary order, and application of the text of the judgment;

1. Relevant Article of the Act on Criminal Facts and Articles 27 (1) 6 and 8 (3) of the Foreign Exchange Transactions Act (Selection of penalty) concerning the selective penalty;

1. Article 70(1) and Article 69(2) of the Criminal Act to attract a workhouse;

1. Article 334 (1) of the Criminal Procedure Act concerning the order of provisional payment;