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Defendant shall be punished by a fine of KRW 7,000,000.
If the defendant does not pay the above fine, 50,000 won.
Reasons
Punishment of the crime
In order to create the National Sports Promotion Fund, the Seoul Olympic Sports Promotion Foundation entrusted the sports promotion betting business in which refunds were granted to persons who correctly predicted the outcome of sports events to hold the Sports Promotion Fund.
No person, other than the entrusted business entity, shall provide property or financial benefits to persons who issued sports betting tickets or similar things and predicted the outcome thereof.
The Defendant: (a) conspired to open and operate the website of the sports promotion betting business with B, C, D, and E in order to raise profits; (b) to operate the website as an operator of F; (c) to operate the said website as an investment and financing of KRW 40 million; (d) the Defendant served as a program manager; (c) to operate the said website as an investment and membership recruitment; and (d) to operate the said website as an employee; (c) to operate the said website as an employee; and (d) to raise gambling actors, including G, from around July 24, 2011 to August 9, 201; and (e) from around 3, 201 to 3, from around May 24, 2011 to around 3, 2011, to have members receive 19 times of money under the name of H from members; and (e) to transfer money from members by 25 times of the said website to 198 times of the said amount; and (e) to transfer money from 20198 times of the said website.
Accordingly, the Defendant issued sports betting tickets or similar things in collusion with B, C, D, and E without being entrusted by the Seoul Olympic Sports Promotion Foundation.