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

However, the execution of the above punishment shall be suspended for a period of two years from the date this judgment becomes final and conclusive.

Punishment of the crime

The defendant, after naturalization in the Republic of Korea around 2011, is a person who provides travel guidance to travels of the nationality of the People's Republic of China.

Any person who intends to conduct foreign exchange business shall have sufficient capital, facilities and human resources for conducting foreign exchange business and shall register in advance with the competent authority.

On March 2015, the Defendant sent the so-called Bosing damage amount to the People’s Republic of China to the People’s Republic of China

B Upon receiving a request from the said B to pay 10,00,000 won per 10,000 won per the account in the name of the Defendant or the Defendant’s wife at the hotel located in the People’s Republic of China, the Korean won transferred from the B to the domestic account in the name of the foreign exchange D, E, F, etc. and then the said D, E, F, etc. intended to engage in the foreign exchange business by having the said D, E, F, etc. re-transfer to the bank account in the People’s Republic of China of China, which was known at the time of carrying out the work at the hotel located in the People’s Republic of China.

Accordingly, on March 24, 2015, the defendant received money equivalent to KRW 10,048,50 from the above B to the Korean bank account (H) account in the name of the defendant in Seoul Special Metropolitan City, the defendant transferred the money to the above bank account in the name of the defendant, and had the above D transfer the money to the Korean bank account in the name of the defendant in the name of the above D, and had the above D transfer the money to the Korean bank account in the name of the defendant in the name of the defendant in the crime. From around that time to October 8, 2015, the defendant transferred all of the above money to the above bank account 398,120,000 won in total, 398,120,000 won in the name of the defendant in the name of the new bank account in the name of the defendant in the name of the defendant in the name of the defendant in the name of KRW 10,00,000, 306,370,247,367