Defendant shall be punished by imprisonment for a year and six months, and a fine of KRW 833,00,000.

However, for a period of two years from the date this judgment becomes final and conclusive.

Criminal facts

[criminal history] On August 23, 2013, the Defendant was sentenced to one year of imprisonment by the Incheon District Court for violating the Act on Special Measures for Registration of Real Estate, etc., and was dismissed by the Supreme Court on November 29, 2013, and the said judgment became final and conclusive around that time.

[2] The Defendant established and operated a private teaching institute business department, online educational business division, real estate investment research institute, etc. on the fifth floor of the building D in Young-gu, Suwon-si, 2007, and the Defendant established and operated the E Co., Ltd. and the F Co., Ltd., a real estate business.

From December 208, the Defendant entered into a contract with the owner of the building to purchase (hereinafter referred to as “influent purchase”) a new loan or loan, etc. which is not well-known in the Incheon and Gyeonggi-do area, and then sold the building at least 10 million won per household to the third purchaser for each household, and then, the third purchaser was willing to evade tax on gains from the transfer due to the resale of the building by the method that the third purchaser pays a loan to the owner of the building as collateral and pays a balance and a balance to the owner of the building, and then sold the building at least 10 million won per household.

On May 8, 2009, the Defendant: (a) purchased the above loan from the seller I and J of H 8 units of the building at the site office located in Siri-si, Siri-si; and (b) entered into a contract with the third purchaser, who resells by each household, to immediately complete the registration of ownership transfer; (c) sold the above loan at E office around June 20, 2009 KRW 15,500,000 to the third purchaser of the above loan at KRW 201,00,000,000 to the third purchaser of the above loan at the E office; and (d) made a false sales contract as if the above I directly sold the loan to the third purchaser of the above loan at around June 24, 2009; (e) received the above loan from the above K, and (e) paid the above purchase price to the above I, and (e) paid the above 3rd purchaser’s ownership of the loan to the above third purchaser.

The defendant as above.