A defendant shall be punished by imprisonment for not less than eight months.

Punishment of the crime

Around August 2019, the Defendant received a proposal from a loaner who misrepresented the lending business entity to the effect that “a loan may be granted up to five million won by accumulating transaction records if he created an account after opening a juristic person with no credit rating even if it is not good,” and subsequently, accepted the proposal, and established so-called “Yan juristic person” without any actual operation, and then, intended to create an account with multiple banks in the name of the pertinent juristic person and deliver the same to the loaner.

1. On August 20, 2019, the Defendant: (a) was not a corporation for the actual business, but a corporation established for the purpose of distributing a passbook in the name of the corporation after the incorporation of the corporation; (b) was established for the purpose of creating a passbook in the name of the corporation after the establishment of the corporation; and (c) was established for the purpose of establishing a corporation without any substantive entity, such as having no record of meeting minutes at the meeting; and (d) was actually establishing a corporation; (b) the employee of the said registry office established a corporation without actual payment of its capital in the trade column of the Internet commercial registry computer system; (b) the employee of the said registry office established “B Co., Ltd.” in the name column of the Internet commercial registry system; (c) five items outside Gyeonggi-do (IT) products development and sale; (d) wholesale and retail business; and (d) the column of the head office “A” and “A” in the column of director column.

In addition, as shown in the attached Table 1, the Defendant established four old-age corporations on the same day and recorded false facts in the commercial electronic register system, which is a public electronic record of rights and obligations, as if capital was actually paid-in.

2. On August 20, 2019, the Defendant is a public electronic record stating any false fact.