The richest man started taking advantage of loopholes after joining Alibaba.
Chapter 78 Li Mo's Last Card!
No. 969 Wenyi West Road, Hangzhou.
Alibaba Xixi Campus, Building 4, 5th Floor.
This is the core area of the Integrity and Compliance Department.
Normally, this place is the Damocles' sword of power in Alibaba, and executives have to subconsciously straighten their collars when passing by.
But tonight, it's as quiet as a tomb.
Two o'clock in the morning.
Li Mo sat behind the large black desk without turning on the light.
Only the cold blue light from the computer screen illuminated his pale and distorted face.
His eyes were sunken, and his eyeballs were covered with spiderweb-like red blood vessels, making him look like a gambler who hadn't slept for days and nights, or a judge who had just pronounced a death sentence.
Beside him was the black portable hard drive.
That was the chain of evidence he pieced together by using all his "hidden agents" and even risking illegally accessing core data.
【Evidence Chain V3.0】
Inside the folder, hundreds of screenshots and Excel spreadsheets lay quietly.
On the logistics side: Abnormal shipping records from more than 3000 Taobao C stores all point to "Weiguang Logistics".
On the funding side: The "special marketing expenses" allocated by Alibaba's marketing department were laundered through several shell companies and ultimately flowed to the offshore account controlled by Lin Che.
Traffic source: Juhuasuan's top-level domain name resources were transferred to "Weipintuan" free of charge.
This is a perfect, closed-loop corruption chain that can lead to a lifetime in prison.
Amount: The amount involved exceeds RMB 10 billion.
Nature of the offense: concealment of significant related-party transactions, embezzlement, and financial fraud.
"Huff... huff..."
Li Mo's breathing echoed in the deathly silent office, heavy and muffled.
He reached out and, with trembling hands, picked up the intercom on the table.
That's the dedicated line to Mr. Ma's office.
As long as that button is pressed and the evidence is handed over to Boss Ma, Lin Che will be finished.
but......
Li Mo's finger hovered in mid-air.
The scene from the last time at the lakeside garden flashed through my mind.
Mr. Ma patted Lin Che on the shoulder and said, "You've passed this hurdle."
And then there was Lao Xiao's meaningful warning: "Li Mo, you must consider the bigger picture."
"The bigger picture..."
Li Mo suddenly let out a short, cold laugh, his voice hoarse and unpleasant.
"What is the big picture?"
"Is it acceptable to tolerate corrupt officials just to keep the stock price high?"
"Is it acceptable to feed private individuals with the company's blood and flesh just to go public?"
He got it.
In that vast business empire, his so-called "head of the compliance department" was nothing more than a mascot used to decorate the facade.
When the benefits brought by Lynch—the crazy growth in GMV and the growth stories that Wall Street loves—become too great, the rules become nothing more than toilet paper.
"Since internal laws can't govern you."
Li Mo abruptly hung up the phone.
"Snapped!"
The microphone slammed onto the landline phone with a loud bang.
He took out a laptop that he had prepared beforehand, which was not connected to Alibaba's internal network, from the bottom of the drawer.
Insert the wireless network card.
Open the Tor browser.
Enter the URL that strikes fear into the hearts of countless listed company executives:
U.S. Securities and Exchange Commission - Whistleblower Center.
Li Mo's fingers tapped on the keyboard.
Each strike felt like smashing the keyboard.
[Subject: Whistleblower Alert - Alibaba IPO Fraud]
In the main text, he calmly described this shocking fraud using the most professional auditing terminology:
"...Alibaba Group, which is planning to go public, deliberately concealed significant related-party transactions with 'Weiguang Group' in its prospectus."
"...The so-called 'explosive growth in mobile business' is actually a data bubble created by transferring benefits to undisclosed related parties and fabricating transaction scenarios."
"...The key evidence is as follows (see attachment)."
Upload attachments.
The progress bar slowly climbs.
10%... 30%... 70%...
Li Mo stared intently at the progress bar.
He knew what pressing "Submit" meant.
This means that Alibaba's IPO bell-ringing ceremony at the NYSE next Monday could turn into a disaster.
The IPO may be halted, the stock price may be halved, and even Mr. Ma himself may face severe inquiries from the SEC.
This is betrayal.
It was a betrayal of the company he had been loyal to for ten years.
But he didn't care anymore.
The humiliation of being marginalized, fooled, and abandoned transformed into the purest destructive urge.
"Lin Che".
Li Mo looked at his own face reflected on the screen; his face was distorted like a demon.
"Didn't you say you were Alibaba's stock price?"
"Didn't you say that getting you involved would mean taking Ali's life?"
"bite."
The attachment has been uploaded.
Li Mo's mouth split open, revealing a row of gleaming white teeth.
"Then I'll take this life."
Move the mouse over the blue submit button.
No hesitation.
There was no trembling.
Press.
[Submission received. Thank you for your information.]
【Reference Number: TCR-14992014-XJ9】
The receipt number popped up on the screen.
everything is over.
Or rather, the storm has just begun.
Li Mo leaned back in his chair, feeling as if all his strength had been drained away in an instant.
He took a flattened pack of cigarettes out of his pocket and lit it.
Smoking is strictly prohibited indoors at Alibaba's campus.
But he no longer cared.
Amidst the swirling smoke, he gazed out the window.
The lights in Building 1 across the street were still on; that's where the technology department is preparing for Singles' Day.
Tens of thousands of Alibaba employees are staying up all night for that "dream".
And he had just planted a nuclear bomb with his own hands.
"justice."
Li Mo exhaled a smoke ring, his eyes unfocused and crazed.
"I might be late."
"But I, Li Mo, won't."
......
At the same time.
Across the ocean, in New York.
Inside a secluded law firm in Midtown Manhattan.
It's 2 PM here.
Edward Liu, a Chinese-American lawyer specializing in compliance matters for Chinese companies listed in the US, is having afternoon tea.
An encrypted email notification suddenly popped up on his computer screen.
That was an automated alert sent by an "old friend" of his within the SEC.
As one of the external compliance advisors for Alibaba's IPO, he set up a keyword scraping program.
He would receive an alert whenever the keyword combination "Alibaba" and "Fraud" appeared in the SEC's TCR system.
Edward opened the email.
Although he couldn't see the whistleblower's name, a few keywords in the summary almost made him drop his coffee cup.
Project W
Micro Light Logistics
Related Party Transaction
"Holy Sh*t..."
Edward swore.
He knew all too well what this meant.
This is a sabotage against the world's largest IPO, which is about to take place.
Moreover, the criticisms were incisive, directly targeting the young man who had recently risen to prominence on Wall Street—Lin Che.
He did not hesitate at all.
He immediately picked up the encrypted phone on the table and dialed the number that was already saved on shortcut key 1.
......
Hangzhou, headquarters of Weiguang Media.
basement.
Lin Che was looking at the logistics report that Zhao Sihai handed him.
"Brother Che, yesterday's shipments exceeded 50 orders. Our shipping capacity is a bit strained. Should we hire more people?" Zhao Sihai's face was full of fat, but he was still smiling. It was the kind of joy that comes from counting money until your hands cramp.
"Buzz—"
The Nokia phone on the table vibrated.
That anonymous cell phone, used only to contact the most key personnel.
Lin Che paused for a moment.
He put down the report and gestured for Zhao Sihai to be quiet.
The call was connected.
"Lin."
Edward's voice came through the receiver, filled with obvious anxiety and even a hint of fear.
"The SEC has just received a whistleblower report."
"Number TCR-1499".
"The details are very detailed, including your bank statements in the Cayman Islands. They accuse you of using 'Weiguang Logistics' for money laundering and related transactions."
Listen, Lin.
"The SEC investigation team typically launches a preliminary investigation within 48 hours. Once they issue a subpoena to Alibaba, the IPO is completely over."
"You have... less than 48 hours left."
The phone hangs up.
Only the busy signal echoed in the air.
It's noisy in the basement.
The roar of the server, the clicking of customer service representatives, and Zhao Sihai's loud voice.
But to Lin Che, the world instantly fell silent.
It was so quiet you could hear the footsteps of death.
Li Mo.
No need to guess, it could only be him.
Only a madman with the highest authority in the compliance department could obtain such a detailed chain of evidence.
Instead of complaining to Mr. Ma, he directly detonated the nuclear bomb.
"Brother Che? What's wrong?"
Zhao Sihai noticed that Lin Che's expression was off; his usual composure, which remained unchanged even in the face of a collapsing mountain, was now tinged with a hint of seriousness.
Lin Che slowly put down his phone.
His brain was working at lightning speed.
48 hours.
Once the SEC subpoena is sent to Alibaba's CFO's email address, the truth will be out.
That's American law. No matter how powerful Mr. Ma is, he can't possibly suppress the SEC on American soil.
unless......
Unless before the summons arrives.
To make that so-called "illegal related-party transaction" legal.
"The Four Seas".
Lin Che stood up and threw the logistics report into the shredder.
"Buzzing—"
The sound of paper being shredded was particularly jarring in the quiet corner.
"Prepare the car."
Lin Che straightened his collar, the seriousness in his eyes disappearing, replaced by a kind of madness that was willing to risk everything.
"Where to?"
"Find Lao Xiao."
"besides......"
Lin Che glanced at the calendar on the wall.
"Notify my legal team in Hong Kong to draft a document overnight."
"A document that turns black into white and corruption into a strategy."
He turned his head and looked at the still-roaring paper shredder.
"Li Mo".
"Do you want to drag everyone down with you?"
Lin Che sneered and stepped out of the shadows.
"Unfortunately, I'm a tough guy."
"Since you've played your card, don't blame me for... flipping the table."
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