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Defendant shall be punished by a fine of KRW 3,000,000.
When the defendant does not pay the above fine, 100,000 won.
Reasons
Punishment of the crime
A person is prohibited from registering a real right to real estate in the name of a title trustee pursuant to the title trust agreement. On May 27, 2013, the Defendant: (a) purchased from C the No. B 1,170 square meters; (b) agreed to title trust with D; (c) completed the registration of ownership transfer on May 29, 2013; and (d) agreed to title trust the ownership of the said real estate to E on January 15, 2014; and (c) completed the registration of ownership transfer under the said title E in the said name.
Summary of Evidence
1. Defendant's legal statement;
1. Protocol concerning suspect interrogation of C;
1. Statement of each police statement concerning F;
1. Each report on investigation;
1. Application of each statute on filing of a complaint;
1. Article 7 (1) 1 and Article 3 (1) of the Act on the Registration of Real Estate under Actual Titleholder’s Name for the Fact-finding and the Selection of Punishment;
1. Articles 70 (1) and 69 (2) of the Criminal Act for the detention of a workhouse;
1. Article 334 (1) of the Criminal Procedure Act of the provisional payment order;