Defendants shall be punished by a fine of KRW 3,000,000.

Defendant

If A does not pay the above fine, it shall be 100.

Punishment of the crime

Defendant

A is the representative director of B of the sales business entity B, which was constructed above G and two parcels in Jeju, and Defendant B is a corporation established for real estate development business.

1. Where a defendant A intends to sell a building in units, he/she shall make a report thereon to the competent permitting authority under the Building Act, and receive notice of acceptance of a sale report, and make a public offering of persons entitled to purchase the building through the advertisement;

Nevertheless, on September 18, 2015, the Defendant prepared an offer for parcelling-out under H327, which is a building for which the Defendant would sell through the parcelling-out agency, without filing a report at the KRW 327,00,000, and received KRW 2,000,00 in the name of the subscription money from I from September 16, 2015 to December 10, 2015, the Defendant recruited 379 households among the 484 households, among the 484 households, by preparing an offer for parcelling-out without being notified of the receipt of the report for parcelling-out under the pretext of the payment for the subscription money, and without being notified of the receipt of the report for parcelling-out under the pretext of the payment for the subscription money.

2. A, the representative of B accused, recruited a person who is not an open recruitment by the advertisement of sale without being notified of the acceptance of the report of sale in lots as shown in paragraph 1 with respect to the Defendant’s business.

Summary of Evidence

1. Defendants’ respective legal statements

1. A copy of an offer for sale;

1. A letter of public notice issued with a response to cooperation with investigation data, a report on sale of buildings, and a written confirmation;

1. In cases of internal investigation reports (related to materials to be submitted for Jeju viewing), registers of building permits (report), certificates of written reports on change of construction participants, official notices issued by construction permits (new construction), public notices of sale issued by Jeju-si H (living accommodation facilities), public notices of sale in lots, certificates issued by the head of Jeju-si, copies of land trust contracts for sale in lots, reports on commencement of construction, and certificates of issuance of written reports on commencement of construction;

1. The letter of agreement of proxy for the management of subscription money;