The Chief Detective Inspector is dead. I'm now the top police officer in Hong Kong!

Chapter 123: Making money in the right way (44)

Knowing how much Lin Sir valued the accounts, He Jiawei worked overtime and personally delivered a forty-page account to Renyi Tea House around 8 p.m.

Lin Tiansheng did not hold the meeting at the teahouse, but instead invited Li Zhongying, a debt collector, and two accountants from the company to help review the accounts.

He sat at the tea table, sipping tea and reading the newspaper, while enjoying some snacks and chatting casually with Huang Qixian.

The Internal Investigation Department is making rapid progress, having already transferred Wong Yip to Lai Chi Kok Detention Centre. The case will be closed and prosecuted this week, and more than a decade of imprisonment is beckoning Wong Sir.

A little over an hour later, Li Zhongying wiped his glasses, cleaned the lenses, put them back on, picked up the accounts, stood up, and reported, "Boss, I've done a quick check."

“The shadow companies that Mr. Wong holds on behalf of others number more than forty, with a net income of more than HK$27 million per month, and it continues to grow.”

"We mainly have three businesses: building decoration, construction company, and property management. In addition, we also have security escort, insurance, and monitoring equipment."

"The three largest items account for more than 70% of the income."

Lin Tiansheng wasn't shocked. If he couldn't even earn more than 20 million Hong Kong dollars, how could West Kowloon be called a lucrative area?
If all the criminal activities were to be involved in,
It needs to be doubled again.

However, when this money is kept in the company, it has to be handed over to several senior executives and distributed as profits to subordinates. The amount that can be kept in an individual's hands is only a few hundred thousand a month.

Wong Yip served as a senior inspector in the West Kowloon Organized Crime and Triad Bureau. In five years, he amassed a fortune of millions, a truly lucrative income. If there is also illicit money hidden in overseas accounts, it could reach tens of millions.

"The officers make just as much money as the detectives," Wong Kai-yin said, putting down his teacup with a smug smile.

Lin Tiansheng asked, "Is it legitimate business, or is it involved in organized crime to launder money and use the company for accounting purposes?"

“It’s legitimate business. The invoices are all clear. The construction projects, dates, and contracts all match up,” Li Zhongying said. “Whether the accounts are falsified or not, we need to send an accountant to the company and check them slowly. The data on the paper is normal.”

Ho Ka-wai quickly added, "No problem, after Inspector Lam takes over the company, he can audit the accounts at will."

Some accounts were obtained through nominees, who are often triad bosses. It's impossible to guarantee whether there's any deep-seated forgery involved.

Hou Canxing said, "Currently, the company is still under the management of the triad. Once Inspector Lin meets with them, it will be very easy to check the accounts. If any problems are found, we can make an example of them."

"Then let's take this as the standard for now." Lin Tiansheng nodded, having already glimpsed the elite faction's new way of making money. He turned to Huang Qixian and asked, "Uncle Xian, what do you think?"

Huang Qixian couldn't help but exclaim, "Innovation and a knack for making money—no wonder he's been educated abroad; he's much shrewder at making money than we are."

"He's making money through real estate; no wonder he's highly regarded by the foreigners."

Currently, Lin Tiansheng makes money by speculating on real estate, riding the wave of the property market and earning transaction fees. In contrast, elite police officers have delved into real industries, building their fortunes through renovation, construction, and property management. The former is at most a "secondary market," while the latter is a "primary market"—the scale and profits are incomparable.

The West Kowloon district alone generates over 20 million HKD in revenue each month. What about the rest of Hong Kong? Although the hardest and most tiring jobs are done by low-level laborers and gangsters, the commissions they pay are still a fortune!
After all, real estate is a pillar industry. During Hong Kong Island's peak in the 1980s, it boosted GDP by tens or hundreds of billions every year.

If they can get a share of the profits, they can use it as economic support to fatten up a political group.

"This proves that we haven't gone down the wrong path," Lin Tiansheng said with a smile.

Huang Qixian considered carefully and said, "Demolishing land, acquiring old residential units, and settling the workers. For real estate developers to quickly turn over their assets and develop projects, there's no small amount of work to be done. Having the lowest-level triads handle the dirty work, with the elite providing protection, perfectly suits the interests of the foreigners and big bosses." "Since West Kowloon is in our hands, we can continue as before!"

Lin Tiansheng nodded slightly in agreement.

It's only natural that those who win political battles will also pocket the spoils from the territory. Without the approval of the remnants, any construction company on the West Kowloon site would have to halt work at the slightest accident.

Although the Royal Malaysian Police are not the only public sector that relies on the real estate industry, the police have guns, and if they are not fed, the words of other departments will not carry any weight.

"In a few days, I'll talk to those gangsters and then call the brothers to a meeting."

Huang Qixian smiled and said, "You've worked hard, Asheng."

"Promotion and wealth are inevitable; no one will be left out. It's my duty to help my brothers make money," Lin Tiansheng said with a smile. Once they secured the real estate business in West Kowloon, his remaining gang would have a lucrative path. Unlike real estate agencies, which provide stability, this was a continuously growing source of wealth, one that would drive people to their deaths.

In the future, his speeches will carry more weight, and his political promises will be more credible.

However, the real estate agent considers it his personal purse, which he can access at any time, as long as he distributes the profits to his investors.

The real estate business, however, was collectively owned by all the "remnants," with equity shares allocated according to power, contribution, and position, and income divided equally in accounting.

With such a huge source of wealth, he couldn't possibly handle it all by himself. If anyone came looking for trouble, every remaining member of the gang would have to step in and take the blame.

They seized power from the elites, monopolized their financial resources, and with money in hand, they needed to recruit more people and expand their influence, like a snowball rolling downhill.

Seeing an opportunity, Hou Canxing said, "Inspector Lin, when is a convenient time for you? I'll go and make the appointment."

"Tomorrow night then."

"The location is still here," Lin Tiansheng said.

“Okay, Jiawei and I will go and inform them.” Hou Canxing was obedient and very proactive. Because by helping Lin Tiansheng take over the money-making business, those old-timers in the Organized Crime and Triad Bureau and military uniforms could continue to collect money regularly.

As for whether the elite officers secretly collaborate with triads, engage in shady dealings, or become completely involved in organized crime, that's a matter of individuals or a specific line of work.

If it is exposed, it will not affect the entire faction; it can be dealt with separately.

Real estate is the foundation.

What Lin Tiansheng is doing is digging up the roots, eroding the very foundation of a group.

That evening, all nine major companies involved in real estate business in West Kowloon received a message that they would meet at the Renyi Tea House the next day to discuss business.

The following are listed as leaders of various gangs: Xinji Red Pole "Axe Jun" and "Wen Biao"; Wo Shing Wo Hall Master "Broken Nose"; Wo On Lok Hall Master "Tall Guy Fat"; Number Loyalty Incense Master "Hung Yee Kit"; Yee Incense Master "Master Boy"; Hop To Hall Master "Cat Shit Hai"; Fuk Yee Hing Hall Master "White-Headed Eagle"; Big Circle Gang Hall Master "Chicken"; Lian Kung Lok Hall Master "Dog Horse Ming"; Tong Sun Wo Hall Master "Pretty Kun".

The two key figures of the elite faction, Li Junxia and Xu Anqi, also received word of the situation.

(End of this chapter)