Chapter 323 Fraud

With the combined efforts of the seven major conglomerates, Hadi is full of confidence in this trip to Japan. He looked at everyone present and said, "Everyone, our investments come from different conglomerate families, so it is inevitable that there will be overlapping companies, so I hope that when investing, everyone will advance and retreat together."

"If several parties are interested in a project, we can sit down and negotiate privately, invest in shares or exchange resources. There should be no competition, as that would be disadvantageous to everyone." Hardy took precautions in advance.

"Of course, when we go to Japan, we are a whole." said David Rockefeller.

Others nodded as well.

As big investors, we all have this awareness that infighting is the most undesirable investment behavior, which will only benefit others.

In fact, this is something that large domestic companies in the future should learn from.

If you are not united and compete blindly, others will reap the benefits while you are the one who makes money and you will be laughed at by others. This kind of situation also exists among the people. In this respect, the South is much better than the North.

"Well, now that we have agreed, let's go back and arrange for the delegation representatives. When the time comes, I will notify everyone to set off for Japan together."

Hadi raised his glass.

“I wish our investment will be successful and fruitful!”

Everyone else started laughing and raised their glasses.

After the others left, Hardy chatted with David Rockefeller for a long time, and finally said goodbye and returned to Los Angeles.

After returning to Los Angeles, Hardy called Giannini to tell him about the progress. Hardy said that a total of seven consortiums had been gathered. Giannini admired Hardy's ability.

Although we know that he borrowed the power of the Rockefeller Foundation, the fact that he was able to borrow the money probably shows that he is capable, because you simply cannot borrow from others.

"I will call a meeting with other companies to see who is interested in investing in Japan," said Giannini.

"Okay, I'll wait for your news." said Hardy.

......

In fact, Hardy is not in a hurry to go to Japan.

The situation in Japan will continue to deteriorate hopelessly until June of next year, which is still a full year from now.

The more painful they are, the more they demand investment, and it will be easier for them to get the industry when the time comes.

This period of time is just right for each family to make preparations and wait for information from Japan. Once the information is obtained and distributed to each consortium, they will be able to better understand the situation of the investment targets and make targeted strategies.

He himself has some unfinished business.

Hardy called Henry over.

"Henry, open it and take a look?" Hardy pointed to the big suitcase on the coffee table.

Henry didn't understand.

He opened the box and found piles of bills inside. He picked up a pile at random and looked at it. "Bank drafts and deposit certificates. What are these for, Boss?"

"These are all from the East. They are deposit slips and bills from other banks around the world. The total value of these is over 40 million US dollars. I'll give you a job. Set up a team to redeem this money."

"Also, you can use the power of the Hongmen organization. They are scattered all over the world and have already integrated into the local community. They are a good partner. You can give them a tenth share, and your intelligence company can also get a tenth of the profits."

Henry was delighted to hear the boss say this.

One tenth of the profit is four million US dollars. Although it is not given to him personally but to the company, with the money, the intelligence company can continue to develop, recruit more people, and have money to pay bonuses and bribe people.

"I understand, boss. We will get this done." Henry said happily.

"I called you here for one more thing. How's the progress of the financial fraud case?" Hardy asked.

"Boss, we have found several suitable candidates, and some have already started working." Henry then explained in detail.

......

Cross is 38 years old, tall and handsome. He used to work in a bank, so he is familiar with financial operations.

However, he was not satisfied with the salary he earned from the bank, so he founded an investment company, absorbed public funds to form a fund to enter the stock market, and prepared to make a fortune.

But he had no connections and no fame, so people didn't trust him much. Therefore, the initial investment was very small, and Cross made no money at all. In the end, he could not even pay the rent, utilities, and employee salaries.

Then Cross made up his mind, sold his house and published an advertisement in the newspaper, packaging himself as an investment genius, saying that his investment return rate in the past year had reached 58%, and he was willing to lead everyone to make money together, promising a high rate of return.

He promised that the annual rate of return would not be lower than 25%, which attracted many people at the time. Later, more and more people came to invest in his company, and finally the funds he held reached more than two million. Whenever the company announced its financial reports, the stocks purchased on them were often the hottest stocks in the market.

In fact, how could he buy the hot stocks every time? It was all lies he made up. He saw that a certain stock was the hottest in the stock market and attributed it to himself in order to attract funds.

When the money came into his hands, he did nothing with it. Apart from taking out a portion of the funds to pay the interest every month, he put the rest of the money into his own pocket.

He also encouraged investors to bring in more funds and gave commissions to those who brought in investment, so that more people would invest.

In fact, what he did was a typical Pang's scam. He packaged himself as a genius, attracted investment funds with high returns, filled the holes by robbing Peter to patch up Paul, and then persuaded investors to bring their relatives and friends to join, so that the capital pool became bigger and bigger.

In fact, up to now, Cross has not exploded, he can still hold on, but he has been targeted by Henry's men.

Because if you pay attention, Cross's operating characteristics are very obvious.

A relative of a member of the intelligence company once tried to sell Cross's fund investment to the intelligence officer, but he refused because he felt it was fake.

Henry calls for the formation of a team to control the fraudsters.

This team member immediately thought of this matter. It had nothing to do with him before, but now it has become the target they want to find.

late at night.

Cross was successfully arrested on his way home. Although Cross had some financial acumen, he was not a tough guy and confessed everything without being tortured.

The intelligence team was very cunning, they pretended to be state employees, saying they were from the national 'Financial Fraud Investigation Commission', the abbreviation of the organization was 'FFN', and they specifically targeted people like Cross. In Cross's case, he estimated that he would spend more than 50 years in prison.

This so-called ffn organization was completely made up by Henry and his team, but Cross didn't know that.

Cross was horrified.

"We can give you a chance to make amends for your crime. Are you willing to work for us? If you agree, you can be exempted from jail time?" said the team leader.

Cross didn't want to spend 50 years in prison, so he immediately nodded in agreement.

The intelligence team's request to him was to develop in Japan, to cheat as much money as possible, and the scale must be large without any mistakes. As for the money, someone would help him deal with it, and he was just a person pushed to the front.

Cross agreed immediately.

"What about America? If I leave, I'm afraid it won't be long before a storm breaks out," Cross said.

"It's very simple. Just keep doing it. But you can tell those investors that you have a more profitable project, but the funds will be tied up for a longer time. The interest used to be paid monthly, but now it is paid annually. The rate of return has increased to more than 30%. I believe these people will agree."

"Someone will work with you next. Remember, your actions are state secrets and cannot be disclosed to anyone, including your family and friends."

Cross currently has more than one million US dollars in his hand, which he had originally kept, but now he directly invested all of this money in the stock market.

Why invest in the stock market?

Because there are bigger chess pieces to come.

As for increasing the interest return period and the rate of return, it went very smoothly and all investors agreed.

Because Cross had a very good reputation before.

Yes,

It just has a good reputation.

He had never defaulted on monthly interest payments to anyone before, and the rate of return was so high, so people trusted and supported him.

Cross then went to Japan and opened a fund investment company in Japan, which is now open for business and has begun to advertise in newspapers.

The philosophy of his investment company is that Japanese investors give him money, and he transfers the money to the United States to buy and sell stocks in the United States, with a promised return rate of 25%.

This rate of return is very tempting. Right now, Japan's economy is in a downturn and there is no investment environment at all. Bank interest rates are very low and inflation is very serious. Many people have no way to invest even if they have money.

The Cross Fund invests in the U.S. stock market, and the rate of return is so high that not only ordinary people, but even some banks are very tempted.

Some people say that the Japanese were very poor during this period.

Yes,

Japan's life was indeed miserable after its defeat in the war, but that was for ordinary people. According to wealth theory, 5% of the people control 95% of the wealth. No matter how poor the people below are, there will always be a wave of rich people in society.

For them, if they cannot make a profit from the money, it is a blasphemy to the money. Japan does not have an investment environment now, but the United States does. Everyone knows how powerful the United States is now and there is gold everywhere.

Gradually, people came to invest.

Then Cross used his trick of attracting people. Anyone who could bring in funds could get a commission. Many customers turned into salesmen and helped Cross sell funds, allowing him to obtain more and more funds.

Of course.

It wasn't that no one suspected Cross and sent a telegram asking people in the United States to investigate him.

Cross had run a financial investment company in the United States for some time, and it had not gone bankrupt so far, and its reputation was very good. Before Cross went to Japan, Henry and his team launched another wave of publicity for Cross, promoting him as a recently emerging star in Wall Street financial investment.

In the newspapers, Cross was described as a financial investment genius who controlled tens of millions of dollars and made millions of dollars in profits for his clients.

The Japanese no longer had any doubts about Cross, and some wealthy people and even banks began to approach Cross.

Even though it was only for a short month.

Kroos has been doing very well in Japan.

The funds he brought to the United States entered the stock market. Although the person who is currently operating this fund is nominally Cross, he is not the actual operator at all.

Nowadays, no matter who comes to investigate Cross, he is always a serious investor and no one can find any faults at all.

Hardy once told Henry that there was no need to rush to cash out and make money. Cross was just an account he had raised and he wanted to make him a star.

The current amount of money and the number of people are too small to satisfy Hardy's wishes. He will wait until Cross is at the peak of his career before making a move.

I think the fireworks at that moment must have been extremely gorgeous.

In addition to Cross, Henry also found other people, including those who had been involved in fund-raising fraud, former bank executives who had been sentenced for fraud, those who were involved in pyramid schemes, and even those who printed counterfeit banknotes.

There are all kinds of talented people.

"We must control them and not let them get out of control. The most important thing for people who go out to do business is not to let them control the money, so that they will never be able to turn the tables."

"Of course, if someone wants to overturn the table, just kill them without holding back, and then wipe out all traces and completely sever that line."

Hardy said in a deep voice.

"I understand boss." Henry nodded.