American Scandal King

Chapter 263 You Will Live Like an Emperor

Ian didn't come home tonight.

Now everyone knows that night is Ian's real working time.

He is like a ghost, haunting every corner of Los Angeles, looking for everyone's privacy, then collecting, summarizing, organizing, editing, and releasing it at the right time.

The car drove away from the downtown area, weaving through the lights of thousands of homes until it left the bustling city and entered that dark area.

The car stopped in an empty and desolate place, where a small house stood alone.

Getting out of the car, Bridson looked around cautiously.

Ian entered the cabin in formal attire.

Amr Hussein sat there, looking at him calmly.

Sitting down next to Amr Hussein, Ian said, "Two things."

Amr Hussain said nothing.

Ian said: "First, with my encouragement, the Iraq War will soon break out. This is my promise to you. It can relieve your pressure."

"When?"

"They originally planned to start the war in June, but at my urging, it will be brought forward to around April 10th."

Amr Hussein frowned. "Why do I hear they're going to launch this in March?"

"That was just a warm-up. We needed to brainwash the people and win their support. You know that a wrong war will lead to public opposition, so we must try our best to gain support before the war starts. We first announced the date early, then postponed it to show that we don't want to start a war... This is how we did it in the first Gulf War."

Ian talked nonsense shamelessly.

The first Gulf War took place on August 90, 8, but before that, the United States announced that it would launch a war, and then kept postponing it, and it took many days to officially launch the war... I have been trying hard to avoid war.

So what Ian said makes sense logically.

What we want is a logical pass.

Amr Hussain asked, “What about the second thing?”

Ian replied, "I will take out the $30 billion you put in Redstone. It won't be long before it declares bankruptcy and reorganizes into a new company. Then you can put another $ billion in."

Amr Hussein was furious: "Ian Karl, you are a hungry wolf!"

The mouth seems very sweet?
Ian was amused.

He said leisurely, "Bankruptcy is the best way to erase all traces! In return, this year's supply of arms and medicine will double, and prices will drop another 10%. You invested a total of 100 billion, which I owe you. I will use it until the end of the Afghan war, and then return it to you after the war. During this period, I will continuously supply you with large quantities of goods."

There are still eighteen years left, I can use them however I want.

The key is not to write an IOU. Whether you refuse to pay the debt when the time comes will depend on your performance.

Amr Hussein took a deep breath and said, "The price must be reduced by 20%, and the quantity must be tripled."

Ian laughed and said, "Three times the price is fine, and the price can be reduced by 15% at most. This is a life-threatening business, who would do it if there is no profit?"

As he said this, he walked out of the cabin and got into the car.

The phone vibrated slightly.

Ian picked it up and took a look.

It was from Galbraith.

Ian looked at the phone and said, "Go to New York!"

------

The Dowdock Hotel, New York.

Galbraith, his arm around a rising star, sat down next to Madoff with a wide smile on his face. "This is the perfect time, Mr. Madoff. In just six months, we can net $20 billion."

Madoff looked at the information in his hand and shook his head slightly: "I have already given you 40 billion, and you haven't given me a cent."

Galbraith received another billion not long ago, but human greed can never be satisfied.

50 billion is definitely better than 40 billion, it makes it a round number!

Galbraith laughed. "That's because it's constantly being developed. The war is about to start, and we're negotiating a partnership with the military. They're going to be buying a lot of Redstone's UT429 rifles."

This is a special edition rifle from China opened for Ian Carr. Although it is a new weapon, there is no market for it and it has no sales in the United States.

Only suitable for bragging!
Madoff shook his head repeatedly. "But my friends in the military don't have any information on this matter. You haven't signed a contract yet. Also, the civilian market hasn't expanded. Oh, and I also heard that your production plant has limited output."

Galbraith replied sternly, "Everything is going well at the factory, and production will soon increase. The billion yuan this time is for expanding production capacity. Also, our painkillers have passed drug testing, so it's time to make a killing! You know we have enough sales!"

Redstone Corporation started out as an arms trader, nominally selling to Africa, and then began to transform into R&D and production, and continuously passed the R&D of various new products.

But the so-called new products are all nonsense. Besides, having new products without market recognition is not enough. To truly develop into a qualified arms company, there is still a long way to go.

Fortunately, scammers only need to talk.

The preliminary intention of military orders, the approval of new drugs, the expansion of production, plus the original profit data, made Red Stone's financial report full of glory. The so-called losses were all investment losses, not operating losses... This is also a fact.

Even with Madoff's experience, it would have been difficult to detect the problem, let alone that he didn't care about it.

At this moment, he tapped the documents in his hand and said, "I can only make additional investments after you get the order."

There is definitely no order, there is only a so-called "letter of intent".

Galbraith shook his head slightly. "It wasn't that price then, sir."

Most of Madoff's money was used to patch up debts in other places, and he actually couldn't afford much money for investment.

Seeing that Madoff was unmoved, Galbraith was also looking for new rhetoric, but he himself was not optimistic about this one - the scammer only takes money, but does not give anything in return. Do you know how difficult it was for me to get the 40 billion from Madoff?
Just then, he saw a man walking in from a distance.

The man was wearing a baseball cap, a mask, and a sweatshirt, but Galbraith still recognized him.

Ian Carr!

Why is he here?

Galbraith was slightly startled when he noticed that Ian Carr had come around behind him.

He stood not far away, staring at Madoff.

Fuck! Aren't you afraid that he'll see you?

Galbraith was getting anxious, but he saw Madoff's heart suddenly tremble.

He looked at Galbraith and said, "Okay, then I'll add another billion, but you have to guarantee that you get the military order before sending troops!"

Galbraith was delighted: "Of course!"

When a scammer does something, he strikes while the iron is hot.

He quickly took out a supplementary investment agreement from his bag and handed it to Madoff.

He didn't intend for Madoff to sign it now, but he still had to discuss the details of the contract.

However, Madoff only glanced at the key details before taking out a pen, signing, and stamping the document. His speed was so fast that even Galbraith was surprised.

Why suddenly...

Then Madoff picked up the phone: "Lynn, it's me. Madoff Securities is adding another billion to its investment in Redstone...direct payment, now!"

Galbraith looked at Madoff in amazement.

So skillful?
He couldn't understand it for a moment, and secretly turned around to see Ian Karl still standing there.

He could only continue to talk to Madoff in a disjointed manner.

After waiting for about twenty minutes, Galbraith finally answered the phone: "Yes...it's me...very good."

He put down the phone and looked at Madoff with a smile: "Thank you for your support, Mr. Madoff. Redstone will not let you down."

At this moment, he saw that Madoff's expression showed a slight surprise.

I felt helpless and surprised as to how I had made the payment.

But the matter had already been settled, so he couldn't say anything more. He could only nod and say, "Then I wish you success."

Madoff stood up, rubbed his temple, and turned around in confusion.

After watching him leave and putting away the contract, Galbraith turned around and saw that Ian was gone.

After thinking for a moment, he picked up the phone and sent a message to Ian: "Where are you?"

The message came back quickly: "Dodakov Hotel, 1205:, come see me in twenty minutes."

………………

In the hotel room, Ian lay on the sofa, feeling dizzy.

Damn, Madoff's will is pretty strong!

It was not easy to hypnotize the old liar, and Ian Carr had to use all his strength.

This was the result of Galbraith's efforts to persuade him.

At this moment, everything in front of his eyes was blurry, and Ian's left eye vision was greatly reduced, and he could no longer perform hypnosis in a short period of time.

"We need some more entertainment news," Ian muttered.

Thinking of this, he turned on his computer, sorted out some information and sent it to his assistant.

These materials are not very large and basically cannot increase experience, they can only restore eyesight.

There was a knock on the door.

Ian said, "Come in."

Galbraith entered the room respectfully and stood beside Ian.

He said, "The contract was signed and the money was transferred right away. It was a bit strange, I thought it would take some more effort, but as soon as you arrived, he agreed."

Ian laughed and said, "I spiked his drink."

"So that's how it is." Galbraith sat down. "What should we do next?"

Ian said, "Redstone immediately acquired Meihe, Black Deer Winery, and RCA through those shell companies."

"Acquire Meihe?" Galbraith was stunned.

Ian nodded. "Meihe Company made 40 million last year. You can use a 56x PE valuation to buy all my shares, which is billion. Black Deer Winery made nearly million in the second half of the year. You can buy it for million. Over at RCA, Britney has made a comeback and is doing very well. I've got her to sign a low-priced long-term contract with RCA. You can buy it for billion and then re-sign the contract later. That's billion."

Good guy!
But don't tell me, this is the most legal way to transfer assets. This transaction makes sense no matter how you look at it... Isn't it reasonable to sell a company with an annual profit of 4 million yuan for 40 billion yuan? Of course, other businessmen know this. This kind of business depends on interpersonal relationships. They won't fall for this trick, so they can only use their left hand to make money with their right hand!

RCA was already doing well for 4 million, but Britney's low-priced, long-term contract made it ostensibly worth a billion... The girl was so gullible. Didn't she consider what would happen if Ian didn't fulfill his promise? Fortunately, Ian really didn't intend to cheat her in this regard.

Anyway, the theoretical maximum value can be achieved!

Everything was reasonable and legal. Redstone spent 56 billion and finally obtained assets with an actual value of no more than 8 million. Nearly 50 billion in assets were lost.

Then he continued to transfer profits through other expenses such as advertising fees and operating expenses. Ian opened many small companies, all of which were used to drain redstone.

Redstone currently owns $30 billion from Afghanistan, $50 billion from Madoff, $30 billion from Linuo Loans, and $5 million in profits in the first quarter.

Among them, 37 billion was invested in infrastructure operations, building a huge and glorious empty shell. After buying Meihe Black Deer and RCA, the assets increased to about 45 billion, that is, 70 billion in assets were transferred away.

The remaining assets are said to be 45 billion, but in fact they are only a little over billion, and more than billion are labor and various operating expenses... Commercial fraud also has costs. As a super fraud, Red Stone Company does have some assets, such as new painkillers.

Next, Linuo demanded repayment, and then Hongshi declared bankruptcy due to insolvency.

As the creditor, Lino Bank has priority. It will sell these assets to Ian for 30 billion and get back the principal. Then Ian will use these assets to sell them to a newly established company to continue trading in Afghanistan... In other words, he will use the subsequent money from the Afghans to buy these billion assets.

In this way, Meihe will return to Ian's hands, and Black Deer and RCA will be sold again. Of course, they will not be sold at such a good price. After all, Britney changed jobs at that time, but it is also a net profit, right?

Madoff's money was completely wasted.

And before that, Madoff will go bankrupt and go to jail!

Galbraith sighed. "So I'm going to jail again soon?"

Ian smiled and said, "In Davis Prison's newly built VIP Suite No. 1, I promise you'll live like an emperor there."

Galbraith nodded. "Thank you!"

(End of this chapter)