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Defendant
A shall be punished by imprisonment with prison labor for ten months and by imprisonment for eight months, respectively.
However, this judgment is delivered to Defendant A.
Reasons
Punishment of the crime
Defendant
B On November 27, 2009, the Seoul Eastern District Court sentenced two years of imprisonment for a violation of the Securities and Exchange Act at the Seoul Eastern District Court on October 28, 2010 and passed the parole period on December 1, 2010.
1. From December 2, 2012 to January 2013, E purchased a large amount of stocks at a price lower than the market price of the stock company F, which is a corporation listed in COSP (hereinafter “F”), at a price lower than the market price, and in order to obtain profits from the market price by disposing of them at a higher price through the manipulation of market prices.
Thus, E paid a price manipulation of at least KRW 50 million to G when requesting the price manipulation, and continuously requested H to engage in the price manipulation, and H paid a price manipulation of KRW 630 million, including the introduction fee of KRW 30 million, and H again requested I to engage in the price manipulation, and H paid KRW 600,000,000,000,000,000 to the Defendants andJ when submitting a direct order for the price manipulation or requesting the price manipulation to the Defendants andJ.
Defendant
A submitted a market price manipulation order directly from January 17, 2013, and again requested K, etc. to make a market price manipulation, A added the amount of KRW 20 million received from K and the Defendant’s money to KRW 4 million and paid the total amount of KRW 24 million as the market price manipulation fund.
Defendant
B around January 28, 2013, when requesting L to manipulate the market price, paid 20 million won received from L as the market price manipulation fund, and continued to pay 39.6 million won, excluding the fees received from J, while requesting L through M to manipulate the market price.
2. Market price manipulation;
A. As above, Defendant A, in the course of trading F shares using a number of securities account from January 17, 2013 to June 28, 2013 in collusion with or in sequence with E, G, H, I, J, B,K, L, N, etc., Defendant A erred by misapprehending that the trading of F shares was in active form.