Chapter 105 Zhong Yan's secrets were easily exposed by his own wife.
Those in the know didn't expect Ji Tanyuan to start with Yuan Yin.
What was even more unexpected was that Ji Tanyuan didn't pay attention to the surface-level rumors, but went straight to dig into the financial operations behind them.
A month ago, Ji Tanyuan was sitting in her study, scrolling through the mouse.
Her gaze was fixed on an obscure ABS prospectus issued by a subsidiary of Canxing Culture.
This document was hidden among hundreds of regular announcements, especially those from entertainment companies, which issued far more lawyer's letters than other companies. As a result, this instruction manual was mixed in with them, buried in the annals of history, and almost no one paid any attention to it.
In layman's terms, the underlying asset of ABS is the revenue rights of Yuan Yin's expected income from performing arts activities. In other words, the company packages Yuan Yin's earning power into financial derivatives and sells them to investors to recover cash.
However, these projected income valuations are so outrageously high that they almost defy all traditional cash flow models, so there is another layer of shady dealing involved when an asset security is priced far above its intrinsic value.
One type of money laundering is valuation fraud related to securitization.
Of course, what's interesting is that this is only the first step.
The second step involves Canxing Culture & Entertainment using the funds raised through ABS to inject into a film project actually controlled by another affiliated company of Dingkun Capital under the guise of investment and production. The film production then transfers the funds to an offshore company through various production contracts, and finally completes the final exchange using cryptocurrency transactions.
The coincidence lies in the last step, which is also the most secretive. Ji Tanyuan only discovered it by using her overseas connections to track cryptocurrency wallets and conduct financial analysis.
She discovered that the offshore company's funds were used to buy large quantities of niche cryptocurrencies on specific exchanges, and then quickly converted them into tokens by "wash trading" to drive up the price.
The creators of these tokens with inflated prices were anonymous, and they were subsequently bought back by anonymous buyers.
The thorough cleanup of funds was completed; the entire process was meticulously planned and executed with great skill and detail.
When Ji Tanyuan discovered this, she was amazed; she never imagined that such a talented person who was adept at managing funds was hidden in China.
And so, during the few hours that Ji Tanyuan flew over Shanghai,...
An article titled "The Stain Behind Vanity Fair: Top Female Star Yuan Yin and Dingkun Capital's Billion-Dollar Money Laundering Scam" was written.
She transformed professional jargon into the most easily understood language, thus exposing the veil covering up the top-level capital operations in the entertainment industry.
The article was like a bombshell dropped into a calm sea, instantly creating a huge uproar that shook the financial and entertainment circles.
Just as everyone was speculating, another piece of news broke that Yuan Yin was rumored to be having an affair with a young master from a prominent family in Beijing's elite circles.
And so, the crowd was guided onto the ship.
Yuan Yin is related to the Zhong family in Yanjing, so is money laundering related to the Zhong family as well?
It was 7:30 p.m., and the article had been published for half an hour.
Zhong Fangqi was greatly shocked when he heard the news.
Who posted this?
He had a vague idea in his mind, and sure enough, the secretary said, "The anonymous poster is Madam."
Who else in this family could be so capable? Only Ji Tanyuan.
Zhong Fangqi smashed the teacup with a bang.
"A bunch of useless idiots, unable to defend against a little girl!"
He paced back and forth, asking, "Where's Zhong Yan? Is he dead?"
"Also, keep this matter from the old man."
The secretary's expression was serious. "There's another worrying aspect: the evidence the central investigation team has gathered regarding Chairman Ji is being proven to be unfounded step by step."
If all the evidence is gone, then the grounds for arrest and detention are also gone.
Zhong Fangqi looked up. "You mean Ayan made it?"
The secretary pursed her lips. "The only one we can think of is the Second Young Master."
Zhong Fangqi leaned on the table, his expression sinister. As a high-ranking leader, everything had been going smoothly for him, but now he had been tricked by his own child.
Zhong Yan has been rebellious and unruly since childhood, and now he's completely siding with outsiders.
"Zhong Yan is also a shareholder behind Dingkun Capital, right? He didn't do anything?"
On the surface, Dingkun Capital is a boss, but in reality, it is the maternal family of Zhong Shanci's wife. Zhong Yan secretly invested in it, making it the most hidden partner.
Among the many layers, the inkstone is located at the very bottom.
But now, Zhong Yan's true colors have been easily exposed by his own wife.
That's why these two people became husband and wife – both were experts in the financial industry, and they just met face to face without knowing who they were.
When Dingkun Capital's public relations efforts began, they did not simply deny it. Instead, the top accounting firm hired by Dingkun Capital released a review report on the valuation model of that ABS.
They first acknowledged that the overvaluation was subjective, but maintained that they had followed current guidelines in all significant amounts.
In addition, several economists and financial experts have spoken out to question the post.
Subsequently, Yuanyin's side began to characterize the article as a deliberate smear, and began to strip away the professionalism of such articles, simply classifying them as rumors.
Ji Tanyuan observed the other party's public relations tactics in the conference room.
Expressionless.
Lu Ke sat in the lower seat, along with other company executives and some shareholders; no one spoke.
Ji Tanyuan tapped her fingers, looking at the clock on her wrist.
Sure enough, someone broke down the door.
Ji Ting led his men in.
"The company needs a temporary acting chairman right now, Tan Yuan, you are not suitable."
Ji Tanyuan looked up and interrupted him, "Uncle, do you also want to be taken away for investigation?"
Ji Ting was startled. "What do you mean?"
Ji Tanyuan lowered her eyes, "Given the mess you made before, I could easily put you all in jail while Dad is away, so don't cause me any more trouble at this time."
Ji Tanyuan smiled slightly, her eyes devoid of any real mirth, but the upturn of her lips was perfect. She wore a blue velvet long dress, her hair was pulled back, and her expression was composed. When she was still, she resembled a tranquil and beautiful oil painting.
But once it started moving, it was as if the flowing energy field materialized and pressed down on those people.
She remained proud and confident, even displaying a madness she had never shown before.
Ji Tanyuan chuckled, her impatience and displeasure evident in her words, and said:
"I haven't rested all day, and it looks like I'll have to stay up all night again. I'm already so annoyed, so please don't annoy me anymore, okay?"
Ji Ting was startled by the cold indifference and world-weariness in Ji Tanyuan's eyes.
“Ji Tanyuan, we’re all in the same boat. Don’t think you can do whatever you want just because your father is in jail.”
“You only have 30% of the shares, not absolute control!” Ji Ting said in a deep voice.
Ji Tanyuan laughed, "You know that too, you know we're in the same boat."
"Do you know how disgusting I felt when I was on your side, trying to protect the Ji family's interests and clean up your mess?"
Ji Tanyuan was in a terrible mood and couldn't control herself. She slammed her cup at the group of people: "You've been lining your own pockets! I'm the one who has to cover my losses, why should I?! Because you saved my dad's life, because you paid for his schooling back then, and he's already indebted to you, and now you want to drag me into it?"
"So you all thought I was working so hard to save your company? What a pipe dream."
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