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

When the defendant does not pay the above fine, 100,000 won.

Punishment of the crime

No one shall engage in financial transactions under the real name of another person for the purpose of concealing illegal property, money laundering or financing of terrorism, evasion of compulsory execution, or any other evasion of the law.

Nevertheless, on January 20, 2020, the Defendant accepted a proposal to the effect that “The employees in charge of the exchange affairs of VIP customers are sought from B hotel casino casino companies located outside the Republic of the Philippines because all airline tickets, lodging, etc. are provided, and if the money of VIP customers are deposited into the Republic of Korea, they will be exchanged into local currency to the Republic of Korea and be the company’s employees, and the Nong Bank account (D) in the name of the Defendant was aware that it would be used for an evasion of the law, such as illegal gambling business’s money laundering, etc. by lowering the flow of funds in a casino, the Defendant was informed that the Nong Bank account in the name of the Defendant was aware of the fact that it would be used for an evasion of the law, such as illegal gambling business’s money laundering.”

On January 31, 2020, the staff member of the Singing box stated that “I would make a loan at a low interest rate,” and made a false statement to “I would pay the existing loan at a low interest rate,” and in this context, E made E deposit with the above account in the name of the defendant.

On January 31, 2020, the Defendant: (a) transferred the above money to local exchange merchants F by account transfer at the hotel coffee shop located in the Philippines, and requested money exchange, and (b) received 1 million won from F by requesting money exchange; and (c) delivered it to the account holder on his name.

Accordingly, the Defendant assisted the Defendant to conduct financial transactions under the real name of another person for the purpose of evading the law.

Summary of Evidence

1. Partial statement of the defendant;

1. A copy of a protocol of suspect examination of the police against F;

1. E statements;

1. Response to a request for financial transaction information;

1. The suspect for the report of investigation; and