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TITLE Supreme Court Decision 2007Do3681 Decided September 9, 2010 [Violation of the Act of the Aggravated Punishment...Violation of the Foreign Exchange Transactions Act] [full Text]
Summary
[1] The meaning of ""a property to be taken into the Republic of Korea"" in a crime of property concealment in a foreign country in the latter part of Article 4 (1) of the Act of the Aggravated Punishment, etc. of Specific Economic Crimes [2] The standard to determine whether a certain act constitutes ""property concealment in a foreign country"" under Article 4 (1) of the Act of the Aggravated Punishment, etc. of Specific Economic Crimes [3] The court below erred in the misapprehension of legal principle and incomplete trial where it convicted the defendant for violating the Act of the Aggravated Punishment, etc. of Specific Economic Crimes that he did not take brokerage fees obtained in the brokerage transaction with a nonresident foreign company into Korea, but concealed and hoarded them in a foreign country
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