Chapter 415: It’s hard to say who is in its hands (5270 wishes everyone a happy new year)
(200 words deleted)
So that’s why!
No wonder Chen Wei behaved like this.
Ma Yun took a deep breath and looked solemn.
"Let's stop questioning for a while and wait and see." Cai Zhongxin, who was wearing gold-rimmed glasses, took out a glasses cloth and wiped his glasses without saying a word.
A two-story building with flying eaves and gables is hidden among the trees. Occasionally, people come in and out, all of them with serious expressions and strict manners.
"I originally thought you had just returned from Europ after a flight of more than ten hours and needed to rest for a day or two. Why didn't my grandmother go back to Xinhao with you?"
Fang Yu held a handful of melon seeds in his hand and cracked them quickly.
"I'm just here for a last-minute emergency. Why would she come with me? Eat less melon seeds. Too much will cause internal heat." Chen Shi'an said unhappily, "I'm in Europ, and I've heard about what's going on here. Why don't you just focus on your Yuzu Technology? Why do you have to get involved in Qianxun's mess?"
Fang Yu thought to himself: I was the one who muddied the water.
"Don't worry, we're not breaking any laws or bullying anyone. You don't understand the technology, so you don't understand. Qianxun's problem is very difficult. If it were anyone else, it would probably take half a year to locate the source."
"Let alone half a year, in just two months, Qianxun's cash flow will be completely depleted, and it will be bankrupt."
"If Qianxun is truly finished, the economic losses, including the upstream and downstream industrial chains, will be hundreds of billions, and tens of thousands of people will be unemployed."
Chen Shian looked at Fang Yu and said, "You've always made us worry less. I won't say anything about asking you to be tactful, but you have to think carefully. Even if you are qualified to bid, whether you can ultimately acquire Qianxun is a purely commercial act and requires the consent of the majority of shareholders."
"Qianxun's current major shareholder is BlackRock, right? I heard that the relationship between your company and BlackRock is a bit strained. If BlackRock interferes and refuses to be acquired, have you thought about how to deal with it?"
Fang Yu stretched lazily: "Qianxun is now in a dead end. Why would Blackrock disagree?"
After saying that, Fang Yu blinked and said, "If we really can't reach an agreement, then we won't acquire it. There's no loss anyway."
Chen Shian snorted, "Don't try to be clever with me. You've been blinking whenever you lie since you were a child. You have to change this habit, okay?"
Fang Yu really didn't realize that he had such a small flaw.
"Okay then." Fang Yu grabbed another handful of sunflower seeds. "Let me tell you the truth. Are you sure BlackRock is really Qianxun's major shareholder?"
Chen Shian was stunned. Wasn't it common knowledge that Qianxun had issued 3 billion US dollars of shares to BlackRock through a private placement?
Including the 9% stake previously held by BlackRock, BlackRock now holds more than 21% of the shares, making it a major shareholder.
"What's the meaning?"
Chen Shian's eyes narrowed slightly.
"Qianxun is listed on the Nasdaq. Nasdaq stipulates that in addition to board approval and the signing of an investment agreement, a private placement also requires the submission of an 8-K document to the SEC."
Fang Yu chuckled and said, "So far, I haven't found any S-3 or 8-K documents approved by the SEC on the SEC's official website."
"In other words, although BlackRock gave the money to Qianxun, from a legal perspective, BlackRock's private placement was not truly completed."
Chen Shi'an's eyes flickered slightly. "You mean, you want to deny BlackRock's status as a major shareholder? But BlackRock can also demand convertible bonds. Three billion Malaysian dollars is not a small amount..."
"Grandpa, this is the most interesting part." Fang Yu leaned forward, his eyes shining. "What if BlackRock's money never actually entered Qianxun's public account?"
Even with Chen Shian's shrewdness, he couldn't help but tremble when he heard this.
"What did you say!?"
Fang Yu licked his lips. "I checked. BlackRock's money went into 'Qianxun Technology Information Company'. From the name, it sounds like it's a subsidiary of Qianxun, right?"
"But this company is actually an offshore company with a BVI structure and has nothing to do with Qianxun in a legal sense!"
"It's not like there's no connection. This company controls some of Qianxun's intellectual property and is considered a supplier. Qianxun needs to pay a portion of its patent royalties to this company every year."
"I guess Qianxun used the foreign exchange restrictions as an excuse to trick BlackRock into transferring funds to this company. You know, this is a common method of cross-border capital flows. The money was transferred out shortly after it arrived, but the recipient was not Qianxun's public account!"
"It is precisely because of this that Robert and the others were able to transfer the money so smoothly. Otherwise, they wouldn't have had enough time to do it."
"If the money hasn't entered Qianxun's public account, it's not Qianxun's money. BlackRock is neither a shareholder nor a creditor of Qianxun. At most, they can be considered... a victim?"
"Yes, that's right, BlackRock is a victim of financial scumbags."
"Since this is a financial scumbag, then who should be held responsible? What does the matter of Qianxun Technology Information Company have to do with Qianxun Network Technology Company?"
Fang Yu spread his hands.
Chen Shian was stunned.
Is this true or false?
How could a global financial institution like BlackRock make such a mistake?
How did his grandson know all this?
Of course it was the Angel of Desire who reported to the Master.
There is no mandatory reporting requirement for fund transfers between BVI accounts, and confidentiality is extremely high.
Although these institutions sometimes cooperate with regulatory agencies in various countries to disclose the flow of some illegal funds, the required procedures and processes are extremely cumbersome and require enormous energy, which cannot be mastered in a short period of time.
Fang Yu was also puzzled. I didn't get involved in this matter at all. At most, I wanted Qianxun to lock up BlackRock's money, and then encourage investors to hold the management accountable and speed up the process of using someone else's money to kill someone else.
How come BlackRock suddenly became the victim of a bad movie?
When he found out about this, he found it funny, and felt that this world was really just a bunch of makeshift gangs.
BlackRock was hyped up to be a miracle company, but Robert was able to defraud 3 billion using such crude means. The entire internal control system was useless, as if no one had investigated the background of Qianxun Information Technology.
No, the more likely possibility is that they knew, but they were used to taking shortcuts, and they felt that a company as big as Qianxun would not have any problems, so they adopted the most convenient way of capital flow.
It is probably also related to the cash flow pressure that Qianxun has been under in recent months.
The reason why he changed his mind and decided to acquire Qianxun was because he discovered that there was a problem with the ownership of the money from BlackRock.
Otherwise, if we acquire Qianxun now, wouldn’t that just be covering up for Robert and BlackRock?
Robert took the money, and Yuzi Technology took on the debt. How could such a good thing happen?!
What's more, BlackRock may even use this opportunity to make equity demands on Youzi Technology, which would be even more counterproductive.
Chen Shian also found it unbelievable when he heard it, until Fang Yu explained the whole story to him in more detail, and then he really believed it.
"Three billion dollars! Sigh! I remember Robert's personal assets were already over tens of billions at his peak, right? Now, for a mere three billion dollars, he's gone far away, hiding his identity. I don't know what he's trying to do."
Chen Shian couldn't help but sigh.
Fang Yu curled his lips, haha, 3 billion dollars?
Not to mention the 1.7 billion spent in the middle costs, according to the information found by Youzi so far, it is hard to say whether the remaining 1.4 billion is in Robert's hands.
——
Monte Carlo, Monaco.
As a den of Europian money-spending, Monaco, with a population of less than 40,000, has nearly 30,000 international residents and only more than 7,000 local citizens.
The azure Mediterranean Sea sparkles in the sun, as if sprinkled with golden fragments.
Luxury yachts, some long and some short, are quietly docked in the harbor. On the distant hillside, beige villas are like pearls inlaid in the greenery.
In a boutique hotel in the Fontvieille district, a middle-aged Elegant man wearing a dark blue polo shirt and a sun hat was stopped by the front desk doorman just as he was about to walk out of the hotel door.
"Hello, Mr. Alexander de Rossi. I'm sorry to inform you that the deposit you paid for the room is not enough and you need to pay it back. How long will you need to stay?"
The middle-aged man frowned and said, "I deposited 10,000 Youyuan in advance. How come it's gone so quickly?"
The doorman maintained a polite smile and said, "I'm sorry, it's peak season now. I told you when you extended your stay for the second time that the room rate has been increased to 659 yuan per night."
The middle-aged man waved his hand impatiently: "I know, I know. I have something to do outside. I will give you the deposit when I come back."
"Okay, I wish you have fun in Monte Carlo." The doorman also looked very happy and waved to the middle-aged man.
Seeing the Algerian man walk out of the hotel, the Gallic doorman, who obviously had Algerian ancestry, couldn't help but show an expression of both contempt and envy on his face.
"Damn those Yazhou people! Our prices are so high because of them."
"Shut up, Farid. This place doesn't belong to them, but it doesn't belong to us either. It belongs only to those local parasites. You can't get permanent residency until the Yazhou people come."
The other doorman who was busy counting the guests checking in nearby said something to Farid in a bad mood.
They are all Gauls, and most of the service positions in Monaco are held by Gauls. After all, this country is only two square kilometers, which is smaller than the jurisdiction area of most street offices in the Great Zhou Dynasty.
It's true that if you fart a little louder, you can even shit out of the country.
The Eurasian man naturally didn't know about the dispute between the two doormen. After walking out of the hotel door, he took off the sunglasses hanging on his collar and put them on his face.
Although there are not many people from the Great Zhou here, he is always worried about being recognized by others.
In fact, it doesn’t matter if he is recognized. His current identity is Alexandre De Rossi, a Gallic citizen holding permanent residency in Monaco. He has completely thrown away the identity of Robert Lee.
But even so, he still didn't want to appear in the crowd. As long as there were a few more people, he felt as if he was being pointed at by others.
Robert Lee pushed down the brim of his hat, and his leather shoes made a slight echo on the wet cobblestone street.
Melodious violin music came from the cafe on the corner, and several blonde tourists stood on the roadside taking selfies.
Robert carefully avoided the cameras of tourists, walked quickly through several paths, and came to the door of a building that looked to be two or three hundred years old.
This building is inconspicuous in Monte Carlo. It has a beige exterior and carved columns. Two pots of meticulously trimmed evergreen shrubs are placed on both sides of the gate. Two ancient copper lamps with slight rust are hung on the carved columns.
Robert was obviously not familiar with this place. He looked around for a long time before he found a brass "R" mark engraved in an inconspicuous place on the gate.
This is it.
Robert Lee breathed a sigh of relief and found a stone grid less than a foot square next to the pillar on the left side of the gate. A brass bell was hung in the stone grid, with a red leather rope hanging below.
At the end of the leather cord was a small copper nameplate with the letters "Sub Rosa" engraved on it.
Madeline had introduced this to Robert before. This is not English, but Latin, and its literal translation is "Under the Rose".
This inscription comes from ancient Rome and its true meaning is "keep a secret".
Robert sighed softly and plucked the bell in a short-long rhythm. Immediately, an echo of the bell came from a distance.
When Madeline and I came here, I never thought that one day I would actually need to use this escape route.
He has been in Monaco for almost a month and has been in contact with Madeleine who is far away in England, discussing when he can return to England to reunite with his wife and children. However, Madeleine always says that it is not the right time yet and the situation is too tense.
He hasn't even answered the phone much lately, saying that contacting him too frequently would arouse suspicion.
But the problem is that my money is almost gone.
Fortunately, Madeleine and I had opened an account in a private bank in Monaco using a trust agency, and part of the money this time eventually flowed into this private bank.
Together with the 10 million Malaysian dollars previously in this bank, the total amount of this account is already more than 60 million Malaysian dollars.
Shortly after the bell rang, the door opened slightly, and then a blonde woman in a Dior suit appeared at the door and smiled at Robert Lee.
"Hello, distinguished guest. Please come in."
Robert Lee nodded to the blonde and walked through the door.
The room is well air-conditioned, the air is filled with a faint scent of cedar, and maps of ancient maritime trade routes are hung on the walls.
Underfoot are dark green and white marble mosaic tiles with a coat of arms pattern inlaid in the middle and an ancient key pattern in the center.
Behind the solid wood reception desk with a polished mirror-like finish stands a receptionist in a blue uniform with a professional smile on her face.
Above the reception desk hangs an oil painting of a middle-aged white man wearing single-frame glasses and holding a walking stick.
"Sir, welcome back to Richelieu Private Bank. Your dedicated consultant has been waiting for you in the VIP room. Please allow me to show you the way."
The receptionist in a blue uniform politely gestured to lead the way, holding a folder in his arms, twisting and turning in front, leading Robert through the dark wooden door on the right side of the hall and through a quiet corridor with stained glass windows on the right side.
The left side of the corridor is covered with black and white photos, many of the people in the photos seem to have appeared in various historical documents.
At the end of the corridor was also a small round hall with four oak doors on the wall. The receptionist knocked on one of the oak doors, then pushed it open and made a gesture of invitation to Robert.
The room is still decorated in the style of one or two hundred years ago. The air conditioning is turned on very high and it even feels a bit cold.
A white man in his early thirties wearing a high-end suit stood up from behind his desk when he saw Robert Lee come in and took the initiative to shake hands with Robert Lee.
"Sir, thank you very much for your trust in Richelieu Private Bank. You can call me Henri. How can we help you?"
Robert Lee took out an exquisite silver key about six centimeters long from his pocket. A sapphire was inlaid on the end of the key.
"I should have told you on the phone before, please transfer all the money in my account to this account."
After that, Robert Lee took out another piece of paper, on which was an account opened in the name of Alexander De Rossi at UBS.
Henry took the key with a smile on his face: "Okay, sir, let me verify it first."
Henry put the key close to a small device next to him. The device made a "beep" sound and then a green light came on.
"Verified." The smile on Henry's face became even more friendly.
After saying that, Henry placed the silver key under the ultraviolet lamp at his side, and a string of digital codes appeared around the sapphire at the end of the key.
Henry skillfully entered the code into the computer in front of him, then nodded: "Sir, are you sure you want to transfer all of it to the account you specified?"
Some of the services of this type of private bank do not require identity verification, only token verification.
Of course, with the continuous crackdown on gold laundering internationally in recent years, many private banks have been forced to transform and require users to provide reliable identification.
But compared to public banks that accept deposits from the public, there is still a lot of privacy and convenience.
Robert Lee nodded: "Yes, all of them."
"Okay." Henry said nothing more, tapping a few times on the computer. "All the money has been transferred out, sir. Thank you again for your trust in Richelieu Private Bank."
Robert Lee breathed a sigh of relief.
With 60 million dollars, even if there is any problem with Madeline, he won't be homeless.
Ever since the miscommunication with Madeline began, Robert Lee couldn't help but feel a little worried, but he didn't dare to think about it too much. He could only tell himself that it was okay and that he would just have to wait until the storm died down.
With a "dong" sound, Robert Lee's mobile phone received a text message from UBS.
Robert Lee opened the text message, and just after taking a look, his pupils shrank.
"Henry, isn't that right? There should be over 64 million Malaysian dollars in this account. After deducting your various expenses, there should be 62 million. How come only 9.6 million was transferred?"
This type of private bank, which only recognizes items of trust and not people, does not pay interest. Instead, various custody fees and handling fees must be paid every year. If not paid, they will be deducted from the deposit.
Henry was stunned, tapped on the computer again, turned around and said politely: "Sir, there is only 10 million in your account. After deducting the 1% custody fee for two years, 1.5% insurance fee, rental fee, access fee, inventory fee, key fee, and storage fee, it is 9,653,225 Malaysian dollars.
"Impossible!" Robert Lee's eyes widened. "There was a transfer of 50 million to this account just 20 days ago. Check again!"
Henry frowned. "Sir, please calm down. We will not make any mistakes. Such a sum of money has never been deposited into this account. You can confirm with your financial institution whether the funds have actually been remitted."
Robert Lee was struck by lightning.
(End of this chapter)
Continue read on readnovelmtl.com
