The Defendants are not guilty.

Ⅰ. Defendant A entered K (hereinafter “K”) on July 1, 200 and worked as the head of the planning and business division from June 2006 to take charge of the sale of LLease apartment. Defendant B entered K on April 1, 2001 and the head of the planning and business division from June 1, 2008 to June 1, 2008 all the affairs of the above company's housing business division, and worked as the head of the planning and business division as the head of the planning and business division in charge of the same affairs. Defendant C was employed as the head of the planning and business division around July 1, 1997 and was employed as the head of the planning and private rental apartment unit from May 2006 and was employed as the representative director, Defendant D and E were currently employed as the representative director, Defendant D and E were operating the 10-gu shopping apartment as the head of the planning and real estate real estate agent and the 10-gu commercial apartment unit as the head of the planning and business division.

On March 2005, K, a rental business operator, constructed each of the 870 households and 585 households of the Damsung-si N apartment (hereinafter “Dong 1”) around May 2006, and completed the lease and sale by July 2006, K, a rental business operator, constructed each of the 585 households of the Dang-gu P apartment at Sungnam-si (hereinafter “Seoul-si 1”). However, from January 208 to March 2009, there was a situation where the 14 households of the 14th generation of the Gam 14th generation from January 2008 and around March 209 of the same year were terminated.

Therefore, while K was in possession of the cancellation household, the first and 27 households of the same coal, and the first and 33 households of the 1st 33 households of the printing school were in possession of the company due to the fact that the real estate competition was recovered after October 2008, K was in a condition that it can receive the premium and sell the building.

On the other hand, a rental housing business is a preferential business that is supplied with 15% discount compared to a general business operator in order to promote the construction of rental housing and stabilize the residential life of the people, and a rental business operator shall determine the sale price in advance when selling rental housing.