These punishment would serve as a deterrent to other footballers, who are constantly involved in such act, or who might want to engage in it.
The top professional football league in South Korea has imposed lifetime bans on 10 players accused of match fixing.
One of them is said to have accepted 120m won ($110,000; £67,000) to lose a match, and then shared the proceeds with team mates.
Eight of the players indicted are from the Daejeon Citizen team. It is the toughest-ever penalty issued in the K-League's 28-year history.
They could face up to seven years in jail if found guilty in court.
BBC