Chapter 299 Old Zhao and the Mutual Aid Association



Chu Yu's words made Old Zhao's smile freeze.

That's how people are; they can't admit they've been deceived. As soon as Chu Yu said that, Lao Zhao would refute her.

“Young lady, you’re wrong! Our mutual aid society is different from those other kinds of societies! There’s a fundamental difference. Our leader is rich and doesn’t care about us small investors at all. I’m afraid that last time I stole a few thousand yuan and went in, the leader gave me the interest in less than a month and made me move to someone else’s place.”

Chu Yu smiled. These days, scammers have all sorts of tricks up their sleeves.

“She might be using a retreat as a tactic to advance, Mr. Zhao. I advise you to think it over again. It’s not important how much money you make, but the house is your ancestral property. If you’re going to sell the house to invest in the mutual aid society, I advise you to think twice.”

Old Zhao was not happy and stood up, flicking his sleeves.

"Young lady, I only wanted to bring you in because you seem like a nice person, but you actually started lecturing me. I'm so old, what haven't I seen? I'm not bragging, I can tell good from bad at a glance."

When Ding Da arrived, he saw Old Zhao with a dark face. "Uncle Zhao, what's wrong? Who offended you?"

Old Zhao snorted coldly: "What kind of client did you bring? At such a young age, he already knows how to lecture me."

Ding Da was dumbfounded. He had only been gone for a few minutes, how could things have turned out like this?

He pulled Chu Yu aside. "Miss Zhou, what's going on?"

Chu Yu told him what had happened. Ding Da was a little flustered because it was the first time he had encountered something like this.

If he sells it, Lao Zhao is Lao Ding's colleague, and he can't just watch Lao Zhao get scammed while insisting on helping him sell the house; if he doesn't sell it, it affects his commission and bonuses, and whether he can stay at the company and stay in Beijing.

Chu Yu noticed Ding Da's hesitation and explained the pros and cons to him.

“If he gets swindled out of all his money and comes to cause trouble because he’s in a bad mood… to be honest, I’m quite afraid of encountering something like that.”

"It might not be a scam, right?"

Chu Yu smiled and said, "Do you think there are such stupid people in the world who would give you 100 yuan and receive 130 yuan in return? She will definitely pay it back in the beginning, but she will not pay it back because she has a conscience. Instead, she wants to get more money out of you, so that you will lend her 200, 300, or even more."

Ding Da's expression suddenly turned serious, as if he had thought of something.

"My uncle borrowed money from me the day before yesterday, saying he wanted to invest all the money. Could he have joined the mutual aid society too?"

Since the cooperation failed, Ding Da couldn't say anything else, so he immediately rode his bicycle to find Lao Ding.

When Old Ding heard that the mutual aid society was a scam, he was stunned for a moment. "What do you know, kid? Our mutual aid society has so many members that it's impossible to get in. Everyone who joins becomes a millionaire. Don't talk nonsense and stop your uncle from getting rich."

Ding Da couldn't reason with him, so he went to his aunt, who was the factory's accountant and was most sensitive about interest rates.

There's no such thing as a free lunch.

The highest interest rate offered by the mutual aid society reached 10%.

A fool should never do such a thing.

Aunt Ding was immediately unhappy and demanded that Lao Ding hand over the money. Lao Ding refused, but his wife wanted a divorce and wanted to sever ties with him. Lao Ding had no choice but to go with her to the mutual aid society to ask for the money.

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