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

If the defendant does not pay the above fine, 50,000 won.

Punishment of the crime

The defendant is a person who runs wholesale and retail business, such as gold materials, tools, etc. while operating Guro-gu Seoul Metropolitan Government C Building D, and Eul is a person who resides in China and sells gold materials imported from the defendant.

Any person 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, in collusion with E residing in China without being registered, the Defendant received fees of one or two won per one bill from the person requesting residence in China who wants to transfer money from China to Korea, and deposited the money into the bank account under the name in the name of F, G, H, I, and J, which is the refunded account of Korea managed by the Defendant through the name in exchange for the name in collusion, the Defendant sent money to the recipient of residence in Korea according to the direction of E.

In addition, when the defendant was asked to send the price of the goods exported to Korea from Dong Jae-K residing in China to China by receiving the price of the goods exported to Korea from the Korean resident exporters, and was transferred from the person who requested the transfer of the goods to the above F to the bank account in Korea, E in China would receive the fee of 1 to 2 won per one bill and send the money to KR, and the amount paid to KR would be deducted from the price of the goods that the defendant would receive to KR.

Ultimately, the Defendant, in collusion with E, intended to engage in foreign exchange business with the inner term “recovering” method, which is the method of settling without actual remittance.

1. In collusion with E, around March 2, 2010, the Defendant received the request for transfer of 10,080,000 won from L who wishes to transfer from Cheongdo to Korea from China to Korea from Cheongdo, and E is the name of F used by the Defendant through referring to “the injury by exchange.”