Contract Marriage: Billionaire and His Deaf Wife -
Chapter 372 Son, Don’t Think About Surpassing Your Father (1)
Chapter 372: Chapter 372 Son, Don’t Think About Surpassing Your Father (1)
Speaking of Su Yixia’s father doing business, he honestly didn’t have much creativity or business acumen, which meant his only option was to follow the crowd. He opened what was called an import-export trading company, becoming a domestic and international distributor, importing goods from abroad to sell domestically, and exporting domestic goods for sale overseas.
Such companies are actually of very low value because they cater to the mass market. If they don’t grow big, they usually struggle to survive due to harsh competition within the industry.
In this situation, Su Yixia’s father didn’t receive much support from the Su Family, and his wife’s family wasn’t able to contribute a significant amount to support his endeavours. Furthermore, his own business capabilities were quite ordinary. To maintain a decent lifestyle in the big city, and to hold up appearances as a company boss, money was always needed—for face, for his wife, and for his son and daughter.
What to do?
If you can’t make money the proper way, you have to take risks, exploiting legal loopholes.
First, following others, he went down the route of helping people with currency exchange, creating fake import-export projects to provide others with large quota for currency conversion. However, this path became increasingly difficult as financial regulations in China gradually relaxed, and the profits were nowhere near as substantial as those from another venture he was introduced to: money laundering.
As its name implies, money laundering involves taking illicitly earned money and funneling it through a shell company to circulate abroad as part of a legitimate project, transforming it into someone else’s lawful income.
This type of money comes quickly and the profits are much larger. Otherwise, Su Yixia’s father would not have dared to support his daughter’s ambition, with his wife, to pair with an heir of the Xiao Family.
The Xiao Family, being such a distinguished clan, would naturally expect a match from an equal socioeconomic status. With Su Yixia’s father’s modest business, Xiao Jianming of the Xiao Family would hardly take notice.
Money is everything. Without money, you have nothing.
Su Yixia only caught snippets of her father’s conversation. He expressed his points in a roundabout way, not wanting to blatantly tell his daughter he had turned to money laundering. Still, Su Yixia, who studied finance, quickly realized that her father’s company wasn’t conducting real business; it was on the wrong path.
At this point, a thundering realization struck Su Yixia, her heart sinking. If they were to be caught by the police, it wouldn’t just be a few days in jail—this was a crime they could be imprisoned for life for, and their family’s entire fortune would be seized by the court.
After a moment of contemplation, Su Yixia started to question something. If they were laundering money, why hadn’t she ever heard of clients coming to collect debts? Could her father have funneled the money abroad and then lost track of it? Unlikely, since the accounts were usually under his control. The more she thought about it, the less it made sense.
Moreover, those who need money laundering are usually ruthless characters. Su Yixia’s father, after earning a hefty commission, would have no need to con others for such sums at the risk of his own life.
Then who were these creditors demanding money?
Su Yixia’s father had no choice but to tell his daughter, "They had been swindled before, and chased the money to me. Knowing that I launder money, they say I transferred their swindled money, and now they demand full compensation for their loss."
Su Yixia paused, then said, "Then tell them to go after the person who swindled them. Why are they coming to us?"
Her father answered, "They couldn’t catch the few individuals who swindled them, but they don’t want to go to the police. They just want the money. Perhaps they know that retrieving the money through normal channels would be too complicated and would rather just demand it directly from me."
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