Hong Kong variety show: I Am a Tycoon
Chapter 597 1 stone 2 birds
"Wow, that's insane! It's increased fivefold in such a short time!" Cao Weicai said to Chen Jiajun with a smile as he looked at the soaring stock price. "If I didn't know the inside story, I probably would have bought in too!"
Chen Jiajun said with a smile, "The steeper the rise, the steeper the fall! Is Shenzhou Tong about to launch?"
“We’re all ready. I can’t even imagine the expressions on these American devils’ faces when they find out that this is the kind of thing that SCAM is selling!” Cao Weicai said with a wicked grin.
"Hahaha, this is called making use of waste!" Chen Jiajun said with a laugh. "Back in my hometown, nobody uses this thing anymore, they complain about the bad signal! But here in America... the scene is too beautiful for me to bear!"
"However, your short-selling team needs to be prepared. We can't be sure when SCAM will explode. Also, make sure Xu Jiawei leaves the United States as soon as possible, or he might be detained!"
Xu Jiawei soon received a call from Chen Jiajun.
After having a celebratory drink with people from Wall Street, he used the excuse of being busy with business to take a flight back to Longkou that very night.
SCAM's stock has already been driven up.
And the hype surrounding it was absolutely frenzied.
He couldn't imagine what kind of madness these Americans would experience once they discovered the company's stock had crashed.
I bet he was tempted to skin him alive.
That's why Xu Jiawei ran away immediately, despite feeling nauseous.
With its stock price soaring, SCAM mobile phones are also being released in full swing.
Many people even came to buy SCAM phones out of curiosity, having heard that they were selling very well in Asia.
Furthermore, Chen Jiajun taught Xu Jiawei a disgusting sales strategy: scarcity marketing.
They're throwing money at marketing while failing to properly supply goods.
This has led to great curiosity among the American public, and curiosity can lead to being drawn into a trap.
About ten days after the SCAM was released, a blog suddenly appeared online showing a teardown of the SCAM phone.
This blogger disassembled SCAM in front of everyone on Yahu.
The conclusion is that the SCAM phone is a complete piece of electronic waste.
The technologies used are all outdated, or even obsolete.
This caused an uproar online, with many people posting on blogs to condemn it.
However, in those days, the internet penetration rate was not high enough, so although it fermented online for a while, it did not cause a big stir.
However, this situation has already caught the attention of investors on Wall Street.
Organizations that were frantically buying up SCAMs have all stopped what they were doing.
Even worse, some have already begun quietly selling off their shares.
However, this will not have a significant impact on SCAM's stock price! After all, SCAM's stock price has already reached $20 per share.
What ultimately dealt SCAM a fatal blow was an article that appeared in The New York Times.
The article directly points out that SCAM uses high-tech industries to commit fraud.
The influence of The New York Times was unmatched by the nascent internet, and it immediately caused an uproar throughout the United States.
SCAM's stock price plummeted, a decline that can only be described as precipitous.
However, the higher the price of SCAM stock was driven up back then, the more difficult it will be for these people to sell it now.
Cao Weicai was even so malicious as to repost the New York Times report to other media outlets.
It can be said that it had an impact on the entire United States for a time.
The mall entrance, which was originally bustling with people queuing up to buy SCAM phones, suddenly became deserted.
……
Meanwhile, Jordan Belfort was dealing with an FBI investigation.
He was busy sending all the money he had earned over the years to Switzerland.
After all, a significant portion of the money he possesses is illegal, so he has to do this in order to prevent the federal government from taking all his money as evidence to prosecute him.
Fortunately, his associates had some connections with Swiss banks, and Jordan used various means to transfer his assets.
Then come the aggressive investigation by the FBI.
However, Jordan Belfort, who had seen many ups and downs, already had ways to deal with them and managed to evade some of the investigations.
Just when they all thought everything was fine, a real crisis suddenly struck.
While Jordan Belfort and Chenny Azoff were on drugs, a phone call came in.
"Who?" Jordan asked curiously.
Chen Ni's smile froze instantly: "They say SCAM is selling off its stock!"
Jordan immediately grabbed the phone after hearing this and asked, "Carpet Head, what exactly happened?"
“Jordan, listen to me, I’m looking at the monitor, and a huge amount of SCAM stock has been dumped! It wasn’t us who dumped it, it could only be SCAM! Only they have that many shares!” Carpet Head’s voice came from the other end of the phone.
Jordan immediately understood: "These bastards know I'm being watched by the FBI, so they're planning to strike first and sell me off?"
"Jordan, tell me quickly, what should we do now?" said the man with the carpet head, looking extremely anxious.
Jordan took another hit of his drug and said to the carpet head, "Quickly call all the clients and tell them to sell their SCAM stock! We need to drive the price down, understand? They're trying to mess with me, aren't they? I'll just call their company penny stock, get it?"
At this point, Jordan still didn't understand that SCAM was just a smokescreen.
It is a bargaining chip that Chen Jiajun can discard at any time.
All Chen Jiajun wanted was to reap the rewards from Wall Street once and for all.
He doesn't care about Jordan, those greedy investors on Wall Street, or those American followers.
SCAM company? It's just a piece of junk! You can throw it away after you've used it.
As a capitalist, this is the bare minimum of basic manners.
After Jordan figured out what had happened, he immediately thought of Chen Jiajun.
SCAM was the company that Chen Jiajun introduced to him. He recalled his previous conversation with Chen Jiajun, and a terrifying thought immediately began to swirl in his mind.
"No, no, no! This isn't real!" Jordan Belfort panicked immediately.
Having shed his arrogance and conceit, Jordan Belfort began to examine the issue at hand.
Then he discovered that all the clues pointed directly to Chen Jiajun.
This mysterious tycoon from the East.
Whether it was his Stratton Investment or SCAM's subsequent IPO.
All of these were driven by Chen Jiajun.
With this in mind, Jordan Belfort immediately took his brother Chen Ni and prepared to go to United Aerospace Capital to find Chen Jiajun.
After all, this matter was very likely orchestrated by Chen Jiajun, and only he could resolve it.
The two were in a daze from taking drugs and asked the driver to take them to United Aerospace Capital.
He pushed past the security guards and barged into United Aerospace Capital, where he started causing a scene with the guards in the office.
Jordan and Chen Ni were both scoundrels by birth, so they had no sense of shame whatsoever.
After making a scene, Cao Wei finally emerged from the president's office.
Upon seeing Jordan and Chen Ni, Cao Weicai immediately sneered: "I wondered who it was, but it turns out to be the owner and vice president of Stratton! What brings you here today?"
Jordan exclaimed excitedly, "I want to meet Mr. Chen!"
Cao Weicai crossed his arms and said coldly, "Mr. Chen is not someone you can see just because you want to!"
"Damn it! Your scheme has almost bankrupted me!"
Jordan said excitedly, reaching out to grab Cao Weicai.
After being kidnapped twice, Cao Weicai has been accompanied by two young demon slaves.
Besides having sex and taking a bath, someone even follows them to the toilet.
For Jordan to try and attack Cao Weicai is like lighting a lantern in the toilet—it's suicide!
A young demon slave grabbed Jordan's arm with a single grip, causing the guy to let out a pig-like scream.
After all, the power of a young demon slave with bulging muscles is something that a good-for-nothing like Jordan, whose body has been ruined by alcohol, sex, and drugs, cannot withstand.
Seeing Jordan let out a shrill scream, his good friend Chen Ni not only did not come to help, but subconsciously took a step back.
It's clear what kind of people Jordan's friends are. Cao Wei waved his hand, signaling the young demon slave to release Jordan, and then said calmly, "We're all civilized people, so it's best to communicate in a civilized manner. Besides, you should know the rules of Wall Street, Mr. Jordan Belfort!"
"Since you lost, it means you're not smart enough! Isn't it normal for people who aren't smart enough to get completely taken advantage of on Wall Street?"
The intense pain brought Jordan back to his senses, and he stared intently at Cao Weicai, saying, "If I'm in trouble, you won't have it easy either!"
Cao Weicai spread his hands and said, "Whatever, Mr. Jordan. But don't forget, United Aerospace Capital is not like your shady methods. We are a member of the California Consortium!"
Upon hearing Cao Weicai's words, Jordan was struck dumb.
He was so excited that he forgot that Chen Jiajun was no ordinary person.
One of the members of the California consortium, the largest shareholder of DuckTiger, the largest individual shareholder of Inter, and the largest shareholder of Netflix.
Almost every one of those titles is not something a third-rate guy like Jordan could possibly claim.
As for making Chen Jiajun pay the price, that's a joke.
If he angers Chen Jiajun, he could disappear on the spot. You should know that the Huaqing Gang that Chen Jiajun supports is no joke.
His net worth of tens of millions of US dollars wasn't even enough for Chen Jiajun to casually buy a luxury mansion.
Upon realizing this, Jordan's face turned ashen.
He treated losers the same way before, and now his retribution has finally come.
Seeing Jordan's dejected appearance, Chen Ni went over and helped him up.
Cao Weicai looked at the two of them indifferently and said, "If there's nothing else, I'll take my leave! Please, both of you, make yourselves at home!"
Without even glancing at them, Cao Weicai turned and walked back to his office.
Jordan and Chen Ni could only leave looking dejected.
Since there was no way to turn things around, Jordan began to think about his options.
His assets in the United States are definitely gone; now he can only rely on the money he has in a Swiss bank.
Although the money was only around ten million, it was enough for him to make a comeback.
Unfortunately, their good fortune didn't last long. Jordan and Chen Ni had barely returned home when the FBI came knocking on their door.
They completely controlled Jordan.
Because SCAM's Wall Street shareholders have started to go crazy.
They went to great lengths to snatch SCAM's shares from United Aerospace Capital, and now it's worth less than toilet paper.
Given that SCAM has repeatedly fallen below its initial offering price, dropping from nearly $20 at its peak to $1.70 now, it's quite remarkable that these people haven't hired someone to commit murder.
Now, besides Xu Jiawei, the only other person they are looking for is Jordan Belfort.
Before the incident, Xu Jiawei had sold most of his shares to Jordan Belfort, and the rest were distributed through other channels.
Moreover, he himself left America and returned to Longkou long ago, and now they can't find him anymore, so these people can only vent their anger on Jordan.
These Wall Street elites have no other energy.
But they still had the ability to stop Jordan from escaping.
I reported it directly to the FBI, and then the FBI came to my door.
The FBI was gathering evidence when Wall Street unexpectedly sent them complete evidence.
It was even more detailed than their own investigation.
What else is there to say? Just go and arrest them.
Jordan and Chen were both stunned and were immediately taken into custody by the FBI.
Although the evidence presented was extremely unfavorable to the two, at least their assets had not been frozen, and they quickly contacted lawyers, paid exorbitant bail, and were released.
Jordan, the main culprit, was even put on electronic ankle monitor by the FBI.
Seeing that the situation was hopeless, Chen Ni, this fair-weather friend, began to prepare an escape route for himself.
They even went so far as to kick Jordan while he was down at a crucial moment just to save their own lives, even though they were all mentored by Jordan.
What happened next was no surprise; the FBI immediately filed a lawsuit against Jordan.
Coupled with the backlash from his cronies, Jordan had almost no chance to fight back.
His model wife, who has ducal lineage, swindled nearly ten million dollars from Jordan's savings in Switzerland.
Left with no other option, Jordan had to cooperate with the FBI and report his own men.
This dog-eat-dog drama has come to an end.
However, the controversy surrounding SCAM is far from over.
Some people even went directly to Xu Jiawei on the other side of the ocean to demand an explanation from him.
Xu Jiawei acted completely innocent, saying that the technology was what you wanted, the funding was provided by you, and the listing process was all done according to regulations; he had not violated any rules.
As for the issue of Shenzhou Tong's outdated technology, Xu Jiawei frankly acknowledged it.
As the mainland economy is developing, using technologies like Shenzhou Tong is a last resort.
The reason why it doesn't adapt well to the North American market is because the two markets are very different.
Then the ball was thrown back into the hands of these people on Wall Street.
Investing is inherently a risky business. Why did you act rashly without properly investigating the market?
This infuriated the Wall Street representatives, who were trembling with rage, yet they were powerless to do anything about Xu Jiawei.
They couldn't even sue Xu Jiawei.
So he could only slink back home, swallowing this bitter pill in silence.
At the California consortium's cocktail party, Chen Jiajun and Cao Weicai arrived late.
Cao Weicai smiled and said to Chen Jiajun, "Boss, guess how much money we made in total?"
"It must be at least four or five hundred million US dollars, right?" Chen Jiajun estimated and said.
Cao Weicai burst into laughter and said, "A whopping 780 million US dollars! We've made a killing this time! I really want to see the faces of those guys who tried to steal our projects back then!"
Chen Jiajun sneered, "This is America. If you want to slap someone in the face, just go and do it. What are you afraid of?"
"Great!" Cao Weicai exclaimed with high spirits. "I'll throw a party in New York and invite all those losers over to give them a good humiliation!"
The two chatted and laughed as they walked toward the reception hall.
Cao Weicai suddenly thought of something and said to Chen Jiajun, "Boss, we've scammed so many people, could we have even scammed the California conglomerate members?"
Chen Jiajun said calmly, "Don't worry, they should thank us!"
"Really?" Cao Weicai asked with a suspicious look.
It's no wonder Cao Weicai was suspicious, given the terrifying losses caused by SCAM this time.
Chen Jiajun smiled slightly and didn't say anything more.
The two quickly attracted a lot of attention as they entered the venue. After all, Chen Jiajun was so low-key that many people in the California consortium had never even met him.
At that moment, some older white men walked towards Chen Jiajun with their wine glasses in hand, their voices trembling with excitement: "Chen, it's so good to see you again!"
"Ruifu, it's a pleasure to meet you too!" Chen Jiajun greeted him with a smile.
The man named Ruifu shook hands with Chen Jiajun excitedly: "Chen, I really don't know how to express my gratitude to you. If it weren't for your reminder in advance, I would probably be bankrupt by now!"
"It's not that serious, it's just a small matter!" Chen Jiajun said with a smile, waving his hand.
At this moment, several other wealthy people joined in, quickly shaking hands with Chen Jiajun to express their gratitude.
They were all more or less warned by Chen Jiajun, which is why they didn't fall into the trap of SCAM company.
Even if there are losses, the amount is very small and within an acceptable range.
When they learned that SCAM had gone bankrupt, everyone was terrified.
So when he saw Chen Jiajun come over today, he immediately offered his friendship.
Seeing his boss become the focus of the party, Cao Weicai couldn't help but open his mouth wide.
They were filled with admiration for their boss's foresight.
Not only did they rip off Wall Street, they also gained the friendship of California conglomerates.
This is killing two birds with one stone! (End of Chapter)
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