A defendant shall be punished by imprisonment for not less than two years and six months.

Punishment of the crime

[Criminal history] On June 24, 2016, the Defendant was sentenced to a suspended sentence of two years on March 24, 2017 in the Busan District Court’s Dong Branch for the crime of habitual gambling, and the judgment became final and conclusive on March 24, 2017.

[Criminal facts]

1. “2017 Gohap 67- Violation of the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Fraud) provides that M was aware of the Defendant as one of the parties having discovered a person to raise funds to invest in the stock market on November 2016, by linking the price of specific stock certificates or the price index of the stock market with the fact that there are many persons who were punished as a violation of the Financial Investment Services and Capital Markets Act due to the suspicion of undermining the market price of the stocks, etc.

The Defendant and M, using a large number of experience in stocks and ELW to M, the Defendant and M agree to prepare or attract investment funds, and M to have a profit by performing the role of investing in stocks and ELW with the investment funds. From November 201, 2016, the Defendant and M made a share investment according to their respective roles in each place, such as the PC room and the office prepared in Seoul Gangnam-gu Building S.

M has been deposited in the T account of the defendant's seat;

J’s money worth KRW 250 million on an illegal online gambling site, and all of them were hot, and the Defendant received additional investments from others through the Defendant, and received the said additional investments, and made the said investments, thereby making the said investments to gather the amount of hot money as above.

M means that, around December 5, 2016, the defendant from the above RR building S caused a loss to the current T account, which is managed by the J in the amount of KRW 250 million invested by the J.