The Underground Emperor: Starting with Running Away with His Sister-in-Law

After investigation by the local police...

Upon discovering that the victim was suspected to be fugitive Zhang Junyu, the situation was immediately reported to Seoul.

Seoul is doing just as well...

An investigation team was immediately dispatched to the site to verify the information.

soon...

An investigation team comprised of Seoul prosecutors and police identified the deceased and issued a statement regarding the cause of death...

"Recently, during our ongoing pursuit of a major case, a fugitive who had fled to avoid punishment unfortunately fell into the sea and died while attempting to illegally cross the ocean."

An investigation revealed...

The fugitive is named Zhang Junyu, the current chairman of the Babel Group!

He is wanted by law on suspicion of bribery, intentional homicide, instigating homicide, intentional injury, tax evasion, and other crimes.

In his attempt to evade legal punishment, the suspect tried to flee the country by smuggling himself out to sea...

However, an accident occurred en route, causing him to fall into the sea and die!

Here...

The prosecution expressed regret over the suspect's unfortunate fate and extended condolences to his family.

at the same time...

We must also emphasize...

Any illegal or criminal act will be punished by law. No matter where the suspect flees, he will not escape the pursuit of the law!

The prosecution will continue to handle this case and related cases in accordance with the law, upholding the fairness and dignity of the law!

and...

We also hope that the general public will consciously abide by the law and not cross the legal red line!

Aside from a lot of official jargon and platitudes, there are only two truly useful pieces of information throughout the entire document...

First, Zhang Junyu, the chairman of the Babel Group, is definitely dead!

Secondly, Zhang Junyu died in an accident!

Following his death, MAX forum dropped another bombshell...

Not long ago, Zhang Junyu mortgaged all of his shares in the Babel Group in exchange for a huge sum of money.

And now all of these funds have disappeared without a trace.

According to experts, the entire shipment may have already been transferred overseas.

This news was quickly confirmed by a spokesperson for a prosecutor at the Seoul Central District Prosecutors' Office!

During a comprehensive investigation of the Babel Group's public and private accounts...

A large sum of money was found to be moving in highly suspicious ways...

Simply put...

Zhang Junyu does indeed have a huge sum of money that has mysteriously disappeared!

This news...

Public opinion was in an uproar!

The bailout plan that the Seoul local government and major banks were discussing also fell through!

What does it mean when funds obtained through equity pledges go missing?

This means they want to rescue the market...

We must first fill this hole that costs hundreds of billions!

Who will make up for it?

Which bank has such boldness?

besides...

Even if this hole is plugged, how much capital will be needed to raise the stock price again?

Nobody knows!

Banks have money...

But in essence, they are also running businesses themselves!

Even if they were to make a move, they would have to consider the future prospects of the Babel Group and how much profit they could ultimately gain!

......

Chapter 481 Continue to be strong in the next life

Besides...

Those shares are all pledged to a certain bank.

Now that Zhang Junyu is dead, those funds certainly cannot be repaid.

In this way...

This means that those shares that were previously unclaimed now belong to that bank.

in other words...

In this situation, the bank that acquired the shares should be the one facing the most headaches!

If the market needs a bailout, that bank should do it itself!

Now, whichever third party gets involved will undoubtedly become the sucker. Who would do it?

We are all capitalists at heart...

How many people would do something like this, doing all the work for someone else's benefit?

Those who don't even kick him are considered kind-hearted!

People's hearts have fallen apart...

That makes the team harder to manage!

The only one with a valid reason to make a move right now is the bank that was "very lucky" to acquire a majority stake in Babel.

after all...

They need to recoup their costs!

But...

Would they intervene in such a situation?

Of course not!

All they can think about right now is one thing...

Stop loss!

They were already losing money hand over fist...

Do you want them to invest hundreds of billions or even trillions of dollars to gamble on an unknown possibility?

Don't even think about it!

The current situation...

Those so-called shares are like a hot potato!

Not only are they unlikely to invest any more capital, but they will also be the first to sell the shares they hold!

I'd rather lose a little...

We must get rid of this hot potato!

In this way...

Babel Group's market value has started to decline again, and at a visible speed!

Now...

Even a god couldn't save the Babel Group.

Only one path awaits it...

That's bankruptcy liquidation...

Then reorganize!

On this...

Ding Xin has announced the completion of the first phase of his strategic planning for the Babel Group!

Suppressing a conglomerate is not that simple.

This is why we didn't deal with Zhang Junyu directly from the beginning!