beta
Text
Defendant
A A Fine of 30,00,000 won, Defendant B of 10,000,000 won, Defendant C of 3,000,000 won, respectively.
Reasons
Punishment of the crime
[2013 Highest 7029] Defendant A served as a director in charge of finance of the K in charge of the settlement of accounts from March 2012 to March 2012 (hereinafter “K”) and served as the representative director of the above company from March 2013, Defendant B is the representative of the B Accounting Office (former L), and Defendant C is the employee of the B Accounting Office.
1. The Defendants’ violation of the Financial Investment Services and Capital Markets Act is the largest shareholder holding 51.12% of K’s equity interest, and K is the company that carries 46.74% of the equity interest in the K-Investment Securities (hereinafter “K-Investment Securities”), 88.16% of the equity interest in the K-Investment Bank (hereinafter “K-In Capital”) and 87.03% of the equity interest in the K-In Savings Bank (hereinafter “K-In Savings Bank”), and the “L” is a company that carries out business affairs such as K’s funds and accounts on consignment.
K borrowed KRW 10 billion from the National Bank, KRW 8 billion from the National Federation of Korea, KRW 53.8.9 billion from the Korea Securities Finance, KRW 1.3 billion from the Korea Securities Finance, and KRW 3,800,000 from the National Bank, KRW 7,895,71 shares in the Korean Securities Finance, and KRW 7,677,400 from the Korea Securities Finance, KRW 2,36,863 as security.
However, due to various malicious events, such as the strike of KInvestment Securities Union, the investigation of the company's management's embezzlement and breach of trust, and the capital completion of K Savings Bank's equity capital stock, etc., the share price of K Investment Securities has decreased considerably. As a result, as the creditor requires the redemption of loans, additional payment of securities, and the increase or maintenance of the collateral ratio for the extension of maturity in the Korea Securities Finance and School Guarantee Rights, the Defendants conspired to artificially increase the share price of K Investment Securities to meet the collateral ratio required by the creditor, to minimize the amount of redemption before maturity, and to extend the maturity.
Accordingly, Defendant A plays a role in controlling and leading the purchase of shares as a director in charge of K finance, and Defendant B is the direction of Defendant A.