A defendant shall be punished by imprisonment for not less than eight months.

However, the execution of the above sentence shall be suspended for a period of two years from the date this judgment becomes final and conclusive.

Punishment of the crime

1. On June 2017, the Defendant, such as a false entry into a public electronic record, a false entry into a public electronic record, and a false public electronic record, will establish a juristic person’s name in which it reported and contacted a loan advertisement from the first patrolman on North Korea, thereby enabling him/her to obtain a loan for exchange within three months after entering a credit rating by making the name of the juristic person into the juristic person’s account and inserting its transaction details into the account.

“In receipt of the proposal, the documents necessary for the incorporation of the legal entity were issued.”

On June 9, 2017, the Defendant filed an application for registration of incorporation of a limited company with the total amount of capital as “20,000,000 won” with a public official in charge of registration in the Seoul Central District Court’s public service center located in the Seocho-gu Seoul District Court as the Seocho-gu Seoul District Court’s office, submitting documents necessary for the establishment of a limited company, such as an office lease agreement, investment list, etc., to the public official in charge of registration of the name in charge of registration of the office lease agreement, investment list, etc.

The Defendant, from the beginning, applied for the establishment of a corporation for the purpose of opening an account in the name of a financial institution under the name of a corporation and transferring it to a person with no name. The limited liability company C is a “age company” and has no substance, and the Defendant did not have established a corporation at the above location, and there was no fact that the capital was paid.

Nevertheless, the defendant filed an application for the above establishment registration, and the above public official in charge of the registration who is aware of such fact on the same day recorded false facts such as the total amount of capital in the computerized register of the juristic person, which is an electronic record, and exercised it by allowing the public official to inspect it from around that time.

2. No person who violates the Electronic Financial Transactions Act shall transfer or acquire any access medium used in electronic financial transactions, except as otherwise expressly provided for in any other Act or subordinate statutes;

On June 14, 2017, the Defendant opened a national bank account (E), a national bank account (F), and a bank account (G) in the name of a limited company established in Gangnam-gu Seoul and as described in paragraph 1.