While Wang Mudan was borrowing money everywhere to save her company, the police were also investigating Gao Huai's suspected letter of credit fraud case. Since he had gone abroad, the police could not arrest him immediately. After issuing a global arrest warrant, they sent a letter to the police in Country G to assist in the investigation and froze all his accounts in the country.
Gao Huai divorced his wife two years ago, and their properties in their hometown were transferred to his ex-wife. Therefore, his case did not have any impact on his ex-wife and children. However, Li Xiaoliang was implicated by him, and all his accounts were frozen. He was required to stay in his hometown at the request of the police, ready to be summoned for investigation at any time.
When Gao Huai was planning the letter of credit fraud scheme, he may have anticipated that such a day would come. Before he escaped, he transferred 30,000 yuan to his ex-wife, asking her to take good care of their children. Since then, his ex-wife has been unable to contact him, and the police have no way of tracking his activities in the country.
Immediately afterwards, under the guidance of her foreign trade colleagues, Wang Mudan commissioned Sinosure to investigate the operating conditions of Gao Huai's company in Country G, and at the same time asked a lawyer to sue Gao Huai's company in Country G's Chamber of Commerce for suspected letter of credit fraud.
In order to defraud this huge amount of payment for goods, Gao Huai carefully planned for half a year and even closed the foreign trade company he had run for six years. In order to obtain the ownership of this batch of goods out of nothing, he spent a lot of money.
By using a familiar freight forwarder and adopting abnormal operations, he successfully picked up the goods from the dock using a named bill of lading without paying the balance. He spent only 500,000 yuan to easily obtain this batch of goods worth 5.3 million yuan. As long as he could sell it successfully, he could make a huge profit of nearly 10 million yuan. This business was both risky and exciting.
After taking away the goods, Gao Huai was extremely excited. Looking at the piles of goods in the warehouse of Country G, he felt in a trance as if he had become a multi-millionaire. The saying "dreaming of getting rich" was a true reflection of his mood at the time.
His visa in Country G was only valid for six months, but he was not worried about being deported. He had been mentally prepared when he planned the fraud. Even if the goods could not be sold out within six months, he planned to stay in Country G illegally.
Gao Huai has been engaged in foreign trade for many years and used to travel abroad frequently. He is very familiar with the customs and habits of various countries. No matter which country he is in, money can make the world go round. As long as he sells this batch of goods, he will not worry about not being able to get a residence permit. His most important task at the moment is to sell the goods so that he can get the money back smoothly.
As early as when Rick accepted Gao Huai's commission to register a company producing electromechanical products, he had already opened up the early sales channels. When the products were delivered to the warehouse, he started selling this batch of electromechanical products that were not visible to the public but had very considerable profits.
At first, Gao Huai thought that everything would be fine if he ran to Country G. He was busy selling goods online with Rick every day, and sometimes he would visit customers. In the first few months, his life was relatively peaceful and safe.
After spending three peaceful months in Country G, one night while browsing the news on the website, he suddenly saw a global wanted poster issued by the police. It clearly stated the details of his suspected letter of credit fraud, and included his photo, ID number, passport information and other information. It specifically stated that he was in Country G and the police had requested Country G's assistance in the investigation.
This wanted order made Gao Huai break out in a cold sweat. He knew very well that once a global wanted order was issued, all his information would be blacklisted and he would be caught as long as he went out. Fortunately, the information was posted on a domestic website and Rick could not understand Chinese, otherwise he really didn't know how to face his questioning.
In fact, Rick had no idea that this batch of goods was obtained by Gao Huai through the "empty-handed trick". When Gao Huai learned that the police had issued a wanted order, he was worried that the goods would be seized, so he came up with a new plan.
"Rick, the sales of this batch of electromechanical products are pretty good at the moment, but the taxes on both companies are too heavy. To reduce expenses, please help me cancel the registration of the new company."
"Mr. Gao, you said you wanted to use this brand to sell electromechanical products. These products are selling very well now. If you cancel the company, don't you plan to start a business in the future?"
Facing Rick's questioning, Gao Huai could only panic and perfunctorily answer, "Yes, the cost of this batch of goods is too high. I don't want to make electromechanical products anymore. As for the new company, it's registered in my name, but my visa only has a six-month stay. If I don't sell all the products within six months, I will be deported. Then you will have to run both companies by yourself. To reduce your workload, I want to cancel the company and use your previous company to sell the unsold products. As long as you help me with this, I will give you 10% of the profits. How about it?"
Rick asked doubtfully, "Mr. Gao, did you register this company just to import these goods?"
"Yes, the nominal import tax for a new company is relatively low, and the declaration procedures are also very convenient."
Since Gao Huai was in charge of all the import procedures for this batch of goods, Rick had no idea about the details of the operation.
"Okay, I promise you, but we need to sign a new agreement on profit sharing." Rick said seriously. The nature of a businessman is to pursue profit. As long as Gao Huai gives him money, he is happy to serve him.
"No problem, I'll do what I say and do everything according to the agreement."
In order to make good use of Rick and convert the remaining goods into cash as soon as possible, Gao Huai had to redraft an agreement, changing the original 50-50 profit split to 40-60. Rick was a businessman who was greedy for money. No matter what Gao Huai's idea was, in his opinion, as long as he could receive a share of the profit every month, it would be fine.
In the next few days, Rick followed Gao Huai's suggestion and went to the relevant authorities to apply for cancellation of the new company. The cancellation procedures were very complicated and would take about a month. During this period, Gao Huai had to find a way to cash in the goods as soon as possible.
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!
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