Defendant shall be punished by a fine of KRW 2,000,000.

When the defendant does not pay the above fine, 100,000 won.

Punishment of the crime

Anyone who intends to engage in foreign exchange business shall prepare capital, facilities and professional human resources sufficient for conducting foreign exchange business and register such business with the Minister of Strategy and Finance in advance, as prescribed by Presidential Decree.

Nevertheless, the Defendant did not register, from September 2009 to March 10, 2016, run an unregistered exchange business without registration by purchasing US US dollars and Chinese luxation, etc. against unspecified foreigners visiting places at the oral repair stores located in front of Seoul Jung-gu, Seoul, and selling certain profits.

Summary of Evidence

1. Defendant's legal statement;

1. A written statement prepared in C;

1. Reporting on detection of, and application to statutes governing field photographs of, unregistered money exchange businesses;

1. Relevant provisions of the Foreign Exchange Transactions Act concerning facts constituting an offense, and Articles 27 (1) 6 and 8 (3) of the Foreign Exchange Transactions Act (Selection of Fine);

1. Articles 70 (1) and 69 (2) of the Criminal Act for the detention of a workhouse;

1. Article 334 (1) of the Criminal Procedure Act of the provisional payment order;