Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 291 Simple Ponzi Scheme

Bow and thank Xiaolin Nihaoye for his support and monthly ticket support

There was a sudden strange silence in the conference room, and everyone's eyes were focused on Zhou Ming and Xing Yuan.

In fact, both Zhou Ming's attitude and Xing Yuan's request were expected by everyone. No one would be tempted by such a large sum of money for the expressway, and no one would let it go, even if the money could not be embezzled.

But with more than one billion in funds, you can't do anything you want. However, although the attitudes of both of them were expected, the development of the matter still makes everyone feel unexpected.

Baiyun Municipal Party Committee Secretary Huang Nan glanced at Chen Yunfei and found that Chen Yunfei was sitting there like an old monk in trance, with no expression on his face, as if he had not heard what Zhou Ming and Xing Yuan said just now.

Others may not have noticed, but Huang Nan knew that Chen Yunfei's connivance was the reason why things developed to this point.

After all, Chen Yunfei is also the executive vice governor of Lingnan and the host of today's meeting. If he really doesn't want to see Xing Yuan lose his temper here, he has every reason not to let him speak, and I believe no one will have any objections.

But what he is doing now is simply letting Xing Yuan do whatever he wants in this meeting. Even if what he said went beyond the scope of the meeting and made the meeting very shameful, Chen Yunfei also pretended not to hear it.

Xing Yuan laughed loudly over there, and he said to Zhou Ming: Consultant Zhou, Consultant Zhou, I now find that you are really as smelly and hard as a stone in a latrine. You said you wouldn't let go.

If you give me this road fund, can you do it? You can also use your brain to think about what you can do to keep this money. I can give you a profit of forty points, can you do it?

Zhou Ming shook his head gently: I still said what I said last time, if it was a proper economic environment and a legal business strategy, you would not be able to give this return at all.

Xing Yuan spread his hands and said to everyone: As you can see, there is nothing wrong with my evaluation of Consultant Zhou. He is still talking about this matter. He is either treating himself as a fool or thinking that

As long as he plugs his ears, we will all think the same as him. Isn't that just an ostrich that just buries its head in the sand?

Consultant Zhou, I know that you built Nanjiang's stock market and solved the biggest stock crisis, but this does not mean that you are the first person in the domestic financial field. There are many talented people in the country.

Financial means are something you have never heard of. With your refusal attitude now, I think you will be eliminated by the times sooner or later, Xing Yuan said.

Thank you Mr. Xing for your concern, but I would like to advise Mr. Xing, Mr. Xing, instead of worrying about me so much, you should worry more about yourself. Zhou Ming deliberately emphasized to Xing Yuan, Mr.

He was going to be shot.

Xing Yuan could not help but shudder. Hearing Zhou Ming's words just now, it was as if a gun was really pointing at him. But then Xing Yuan reacted. He became angry and said to Zhou Ming: Consultant Zhou, just do it.

Do you think you can scare me by saying this? You call the police to arrest me right now. I’m so scared.

Zhou Ming smiled slightly: As you wish.

As Zhou Ming finished speaking, the door to the conference room was suddenly pushed open, and then a group of armed police with live ammunition rushed in and quickly took control of the situation.

Everyone in the conference room, including Xing Yuan, was stunned. They didn't understand what happened, but the black muzzle of the gun in the hands of the armed police and the murderous aura of these soldiers clearly told them.

Don't even move.

The last senior police officer came in with someone. He saluted Chen Yunfei and Huang Nan first, then issued an arrest warrant to Xing Yuan and said: I am the deputy director of the Economic Crime Investigation Bureau of the Ministry of Public Security. Xing Yuan, you are carrying out a crime in Jiangnan Province.

The facts of the economic crime have been found out. Please be sure to come back with us to accept the investigation.

Xing Yuan was stunned when he saw his arrest warrant, but then he turned his head to Zhou Ming, pointed at Zhou Ming and said fiercely: Zhou Ming, it's all your fault, right? I'll fight with you.

Got it

Xing Yuan said that he was going to move a stool to hit Zhou Ming, but the armed police soldiers behind him were already prepared, so he made a move. Two armed police soldiers immediately took action and pushed him down on the table. His head hit the table with a bang.

A sound.

This sound made Zhou Ming feel pain for him, and he was worried that his head would be really knocked unconscious. However, Xing Yuan obviously did not have this worry. He still said to Zhou Ming bitterly: I don't accept it, Zhou Ming

You bastard, you have no business skills, but you know how to use these dirty tricks. Do you think you are great at commanding the people of the Ministry of Public Security? I tell you, you are just a piece of shit in my eyes.

When I come out, I will kill you

Come out, I think you won’t have this chance. Zhou Ming said.

I am a serious businessman in Jiangnan Province, and I still have a billion dollars in capital. The country cannot ignore it, and I believe you, Zhou Ming, can hide it for a while, but you cannot hide it from people all over the country, Xing Yuan said.

It seems you still don’t know the crime you committed. Zhou Ming shook his head regretfully.

I committed the crime of your mother b. This is who Zhou Ming, you bastard, framed me for.

Xing Yuan yelled at Zhou Ming, but his yelling stopped abruptly because Zhou Ming picked up a notebook and stuffed it into his mouth.

Governor Chen, I want to expose Xing Yuan's economic scam here, is it okay? Zhou Ming turned to Chen Yunfei.

Chen Yunfei nodded and said: Okay, after exposing the scam, I can also give everyone a warning.

Zhou Ming thanked Chen Yunfei, and then turned around and said to everyone: I know that all of you are grieving for Xing Yuan at this time, and you all feel that I am deliberately using my relationship to retaliate against him, but I can be very negative.

I want to tell you responsibly that I did not. I just reported the facts of his crime to the central government. Then, I will tell you what exactly Xing Yuan’s investment scam is.

In fact, Xing Yuan’s scam is not clever, it is just a very common Ponzi scheme. Zhou Ming said that the so-called Ponzi scheme simply uses the money of new investors to pay interest and short-term returns to old investors.

It is a deception that creates the illusion of making money and then defrauds more investment. In our country, this is also called tearing down the east wall to pay for the west wall and making a fool of yourself with empty hands. You heard him say that the return is very high, but that is just for you.

In fact, this return does not exist at all, including his original returns in Jiangnan Province.

Zhou Ming's words were like a stone being thrown into the lake. There was a splash of water immediately, causing the scene to be noisy: How could this happen? Could it be that so much money was fake? Didn't he already give it all?

Interest, these interests are also taxed by the national tax department, and the receipts can be found. Can this also be fake?

Facing everyone's doubts, Zhou Ming said: I know you don't believe it, so please listen to me and explain it to you slowly.

Do you know why the central government sent people down to arrest Xing Yuan today? It’s because the investigation team of the Ministry of Public Security has found out that Xing Yuan did not do any business at all in Jiangnan Province and Binhai City. The disposable medical supplies business he mentioned, this

He hasn't bought a needle in a year

This time Zhou Ming didn't wait for others to question, and took the initiative to say: He didn't do business, but he did pay 500 million in returns to his investors last year. You may think this is contradictory, but I don't

I don’t think this is too contradictory, because if I were to operate it, I would be able to give it even 6,780 million, not to mention 500 million.

Someone finally reacted: Zhou Ming, are you saying that he used investors’ principal to repay the interest?

You can understand it this way, Zhou Ming said.

Then what if someone wants to withdraw the principal and interest together? Another question is asked.

Zhou Ming didn't answer but asked him: If it were you and you knew that your money would earn very high interest on a regular basis if you put it here, would you take it away or leave it here to let him continue to make money?

No one has answered this question, because the answer to this question is very obvious. They will definitely not take it away. If they are greedy, they will even continue to invest the interest to earn compound profits.

In fact, what I want to say is that it doesn't matter whether to withdraw or continue to invest. As long as he builds this momentum and gets new investment, he can pay back the old investment with interest, and he can

Repaying the old investment can also increase his credibility to a higher level, which will make everyone think that he is really good at making money, and they will invest more money in him, making his snowball grow bigger and bigger.

Having said this, Zhou Ming paused deliberately. Seeing that no one had the intention to speak, Zhou Ming spread his hands and continued: "Everyone here is a leader in the Lingnan business community. I believe that everyone knows what I want to say without having to say more.

Using new investments to repay old investments can indeed increase his wealth exponentially in a short period of time, which is why he has transformed from a street gangster to a billionaire in just a few years.

However, since he is not actually doing any business, which means that his money can only go out but not come in, then as long as there is no new investment one day, his scam will go bankrupt. Zhou Ming said.

Consultant Zhou Zhou, are you saying that his idea of ​​coming to Lingnan to raise road funds this time is also a scam? Someone asked a question below.

Although this person asked cautiously, Zhou Ming still said angrily: We are all business people. Don’t you understand the simple truth that high returns equal high risks? Please use your brain to think about it. What project do you know?
Chapter completed!
Prev Index    Favorite Next