Gangster heir? Please call me a legitimate entrepreneur.
Chapter 109 Su Ye laughed, "Playing finance? You can't even beat my CFO, Chen Suan."
The heater was humming, and a fine layer of water mist covered the glass window.
Sweat dripped down Lei Hu's shiny bald head, running down the centipede-shaped scar.
He rubbed his leather shoes restlessly on the wool carpet, creating a small pile of static-filled lint.
"Brother Su! That old bastard Qian Donglai is going too far!"
Lei Hu, with his hoarse voice, slapped his thigh with his large, fan-like hands, making a loud slapping sound.
"A 300 million yuan bridge loan, just pulled away like that! My buddies on South Street just messaged me, their men are blocking the entrance to the logistics park shouting through a loudspeaker!"
"They say Sihai can't pay salaries and is about to go bankrupt!"
Su Ye sank into the large boss's chair.
The silver thermos in my hand emitted wisps of white steam, and the sweet aroma of red dates and goji berries filled the room.
He didn't even lift his eyelids, his fingers tapping casually on the side of the cup.
"What's the rush? A few blasts of the horn will scare you out of your wits!"
Su Ye took a sip of warm water, his Adam's apple bobbing.
"Qian Donglai wants to wage a financial war and force our capital chain to break down."
A cold, lifeless smile tugged at the corners of his mouth.
"They're using the old methods of rural banks to test our Sihai finance team."
He placed the thermos on the table with a dull thud.
"That's like showing off your skills in front of Guan Yu."
The thick wooden door to the office was pushed open from the outside.
The door hinges made a faint creaking sound.
Chen Suan walked in.
His iron-gray suit was so perfectly pressed that there wasn't a single wrinkle, and his tie was tied so tightly that it was just below his Adam's apple.
The timid and submissive undercover agent of the past has long since disappeared.
Instead, there were two dark circles under his eyes and a sharp, hawk-like gaze behind his glasses.
He had a thick stack of financial statements tucked under his arm, the edges of the papers so neat they looked as if they had been cut with a knife.
Zhou Ming, like a thieving mouse, hunched his shoulders and followed Chen Suan in.
He still had that big red flower, a symbol of model worker status, pinned to his chest, which he hadn't been willing to remove.
He was gripping a tattered leather-bound notebook tightly in his hand, his fingernails sweating.
The bureau chief just gave him a strict order to keep a close eye on the flow of funds from all over the world. This is a crucial moment to catch Su Ye using overseas illicit funds.
"President Su."
Chen Suan stopped in front of the desk, his heels together.
He reached out and pushed up his black-rimmed glasses, which had slipped down to the bridge of his nose.
"I just had the risk control department review Qian Donglai's background using big data."
His voice was as cold as falling ice, devoid of any human warmth.
"Twelve affiliated underground banks and four shell guarantee companies. The total amount of funds involved is no more than 1.5 billion yuan."
Lei Hu, who was listening nearby, stared wide-eyed.
"Fifteen billion? My goodness! That old bastard embezzled so much!"
He suddenly turned his head and stared at Su Ye.
"Brother Su! This hole is huge; all the money in our accounts is tied up in food delivery subsidies."
Lei Hu lowered his voice, a bloodthirsty glint in his eyes.
"I think we shouldn't bother. Tonight I'll bring two hundred brothers, and we'll all be wearing masks."
"Go straight to the Golden Tripod Teahouse and break into their underground vault! That'll solve the funding problem physically!"
"Shut your filthy mouth."
Su Ye frowned, grabbed a pen from the table, and threw it over.
The plastic pen barrel slammed into Lei Hu's muscular chest and bounced onto the carpet.
"A physical solution? Do you think those road network surveillance cameras outside are just for show? Li Jianguo would love for you to be carrying a steel pipe into the street right now."
Zhou Ming, who was listening from behind, was terrified and quickly shrank back.
Su Ye turned to look at Chen Suan.
"Old Chen. Qian Donglai wants to get into finance."
He interlaced his fingers, rested his elbows on the table, and his glasses reflected the cold light from above.
"Use legal means to drain his funds completely."
Zhou Ming pricked up his ears, pressing the tip of his ballpoint pen firmly against the notebook.
coming!
With the funding chain broken, Su Ye is about to order the removal of illicit funds!
As soon as Chen Suan reports any unknown overseas account, he will immediately signal to close the net!
Chen Suan didn't look at Zhou Ming.
He pushed up his glasses, and a terrifying glint flashed behind the lenses.
For the past six months or so, I've been repeatedly crushed by the CPA exam and Su Ye's insane compliance requirements.
The bloodthirsty instincts he once had while battling it out in Wall Street investment banks have been completely awakened.
Now, all he can think about are reports, leverage, short-selling mechanisms, and how to squeeze his opponents dry.
"Don't worry, Mr. Su."
Chen Suan flipped to the top report, the pages rustling crisply.
"Qian Donglai's Ponzi scheme appears to be huge, but it is actually entirely supported by high-interest deposits from private investors. The leverage is extremely unhealthy."
He speaks extremely fast, like a money-printing machine running at breakneck speed.
"I checked, and those guarantee companies under his name have heavily invested in three local real estate stocks on the secondary market."
"As a Nasdaq-listed entity, our Sihai Group has ample credit lines overseas."
A cruel smile curled at the corner of Chen Suan's lips.
"I have already contacted three foreign securities firms."
"Use the dollar options we hold as legal collateral to borrow 50 million shares of those three real estate companies."
He tapped his fingers hard on the paper, making a loud tapping sound.
"When the market opens tomorrow, there will be a concentrated sell-off and frequent market crashes."
"As soon as the stock price falls below the liquidation line, Qian Donglai's leveraged account will be forced to liquidate."
Lei Hu's mouth dropped open, his jaw almost falling to his chest.
"What? What closing out? Old Chen, what are you babbling about?"
He scratched his bald head, looking completely bewildered.
"I'm just asking you, how are we going to repay that 300 million yuan bridge loan?"
Chen Suan glanced at him coldly, his eyes looking at a desperate illiterate man.
"Pay back? Why pay in cash?"
Chen Suan adjusted his glasses.
"If the stock price collapses, his guarantee company will face a run on the bank."
"At that time, the debts he holds will be worthless. We will directly use the name of Sihai Investment to legally acquire his creditors' non-performing asset portfolio at a 90% discount."
"A debt of 300 million can be settled with 30 million. The remaining money can be used to go long and fleece them again."
Zhou Ming trembled as he listened from behind.
With a sharp crack, the pen tip tore through the notebook paper.
This is...
Is this some kind of organized crime gang?
This is clearly Wall Street financial giants slaughtering small-town lambs!
No dirty money!
No unauthorized overseas transfers!
It's all a damn legitimate short-selling mechanism in the secondary market!
The bureau chief was waiting to find evidence of money laundering, but Su Ye didn't even intend to pay a single penny in cash!
Use capital leverage to crush your opponent!
"Is this... is this compliant with regulations?"
Zhou Ming couldn't help but interject with a trembling voice.
He simply couldn't accept that a criminal organization could be so adept at manipulating finance.
Chen Suan suddenly turned his head.
His gaze was as sharp as a blade, scraping against Zhou Ming's face.
"Compliance? Manager Liu."
Chen Suan snorted coldly and pressed closer step by step, his leather shoes making no sound on the carpet.
"In accordance with the Securities Law and the latest regulations of the China Securities Regulatory Commission on margin trading and securities lending, all our option pledging and securities lending operations are conducted through formal securities firms."
He shoved the report directly onto the big red flower on Zhou Ming's chest.
"Taxes and fees shall be paid in full, including a stamp duty of 0.1% and a transfer fee of 0.02%."
"If you think it's non-compliant, you can file a formal complaint with the China Securities Regulatory Commission right now. The prerequisite is that you can understand this all-English options betting agreement."
Zhou Ming swallowed hard.
Looking at all that technical jargon, I felt the veins on my forehead throbbing.
He's just a cyber police officer, and he can't even write an Excel spreadsheet properly. What kind of nonsense is he talking about options betting?
Su Ye leaned back in his leather chair, looking at Chen Suan with satisfaction.
The undercover agent planted years ago has now been honed into an extremely sharp scalpel.
kill without spilling blood.
"Old Chen."
Su Ye picked up the thermos and blew on it to cool it down.
"Qian Donglai is ruthless; he lends money at exorbitant interest rates and must have a lot of bad debts on his hands."
His eyes narrowed slightly behind his glasses.
"While you short his stock, have the legal department investigate the source of his funds."
Su Ye took a sip of water, his Adam's apple bobbing.
"If we're going to fight, let's fight to the bitter end."
"I want those dozen or so underground banks of his to be so shut down that not a single coin will pop out before sunset tomorrow."
Chen closed the folder.
The cardboard made a crisp, cracking sound when it collided.
He pushed up his black-rimmed glasses, his eyes burning with a fervent desire to prey on capital.
There wasn't a trace of compassion in him, a man who had once been a police officer.
"Understood, Mr. Su."
Chen Suan turned around and strode out, the hem of his iron-gray suit kicking up a gust of cold wind.
He paused as he reached the door.
He turned his head to look at Lei Hu, who was still standing there dumbfounded, his tone revealing a contemptuous air.
"Director Lei, tell your men to put away their baseball bats."
Chen Suan pulled the doorknob.
The market will open at 9:30 tomorrow morning.
"I will let Qian Donglai know that when Wall Street cuts people down, not even bone fragments will be left."
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