Defendant shall be punished by a fine of three million won.

If the defendant does not pay the above fine, KRW 100,000.

Punishment of the crime

The defendant is a person who was a representative director of a stock company B (mutual change to C) established for the purpose of manufacturing, selling and distributing the amount of melting distribution.

1. On May 2014, the Defendant in violation of the Commercial Act decided to establish “B” corporation with respect to the manufacture, sale and distribution business of melting products at the office located in Seongbuk-gu, Sungnam-gu, Sungnam-gu, Seoul Special Metropolitan City (D 309).

On May 22, 2014, the Defendant, at the Gyeyang-gu Incheon E office, deposited a separate deposit of KRW 300 million in the name of the Defendant, a representative of the promoters, by using KRW 300 million, such as KRW 100 million and KRW 200 million borrowed from the Defendant’s own money and KRW 100 million, and requested the G company that owns the source technology for green distribution to establish B, and received the certificate of the deposit of shares.

Therefore, a certified judicial scrivener selected by the G company filed an application for the establishment of a corporation with the total amount of 300 million won by attaching the above custody certificate at the Suwon District Court, Sung-nam registry in Sung-nam, and transferred the total amount of the share capital to the SC bank account (H) in the name of the defendant on May 23, 2014.

Accordingly, the defendant pretended to pay share capital of the corporation.

2. On May 23, 2014, the Defendant: (a) at the Suwon District Court registry office, Sungwon District Court (Seoul District Court); and (b) at the registry office, the said certified judicial scrivener, despite having received the disguised payment of the share capital to the registered public official, the Defendant submitted relevant documents necessary for the registration of incorporation of a stock company, such as a certificate of deposit of share capital to the effect that he/she proves that he/she is in the total custody of 600,000 share price per share price; and (c) had the said registered public official enter false facts about the total number of outstanding shares and total capital of the said company in the register of commercial registration which is the principal of a fair deed; and (d) from that time, the said registry office entered false facts in the said registry.