Defendant shall be punished by a fine of KRW 30,000,000.

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

Punishment of the crime

On September 30, 2011, the defendant was sentenced to 8 years in Seoul High Court to imprisonment with prison labor for a violation of the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Fraud), and the judgment was finalized on January 27, 2012.

From July 25, 2006 to April 23, 2009, the Defendant, who was a KOSDAQ-listed corporation, controlled the overall business of the company from May 31, 2007, such as funds, accounts, business, and public disclosure, as the representative director. D is a person who took overall charge of the business of the company from March 2007 to February 2009.

No person shall submit to the Government the sales and purchase tax invoice by entering the details of the sales and purchase tax invoice by customer under the provisions of the Value-Added Tax Act without supplying or being supplied with goods or services.

1. On April 25, 2008, the Defendant submitted a false list of total tax invoices on January 2008, in collusion with D, and filed a preliminary return of value-added tax base in 2008 at Samsung tax base in Gangnam-gu Seoul, Gangnam-gu, Seoul, on April 25, 2008. The Defendant submitted a list of total tax invoices by entering the details of the supply price of goods or services equivalent to KRW 426,120,000 in total, without being supplied with goods or services from the Mozzcom Comcom Co., Ltd.

2. On July 25, 2008, the Defendant submitted a false sales and purchase tax invoice for the final return on January 2008, in collusion with D, and filed a final return on the value-added tax base in 2008 on the above Samsung C&T in collusion with D, the Defendant submitted a false statement in the list of the total tax invoice to the effect that the Defendant supplied goods or services equivalent to KRW 426,682,00 in total, the supply value of each supply value, and KRW 2,722,938,00 in total, without supplying goods or services to C&T companies, and supply goods or services from E&T companies.