Reaching the age of thirty, my income randomly doubled -
Chapter 1072: 800: Net
Chapter 1072: Chapter 800: Net
“Grandpa, isn’t Grandpa Yang helping people make money? Why do you still need to remind him?”
Little Ji Ye opened his eyes wide and asked curiously.
Chen Pingsheng said, “The money he makes isn’t stable. When things are going well, people naturally praise him. But once they lose money, they’ll blame it all on him.”
“Isn’t that a case of good intentions leading to bad outcomes?”
“This doesn’t count as good intentions.”
Chen Pingsheng explained, “True goodwill comes from sincere kindness, not from satisfying one’s vanity. If we’re uncertain about the risks, we must not let others follow in making dangerous moves.”
Alright… Little Ji Ye half understood.
But within a couple of days, Chen Pingsheng’s words were put to the best test.
Old Yang was smart; he quit while he was ahead, cashing out all his stocks after they rose limit-up for seven consecutive days.
He profited nearly a million, but others weren’t as lucky. Old Yang quit without telling others because he still felt the prices could rise for a while.
To validate this thought, he let others take the risk, not withdrawing the funds in time.
Whether it was Old Zhang next door who followed him in stock trading or Granny Li beside him.
Seeing they could earn four or five thousand a day just by staying home, they constantly withdrew money from their bank cards to invest in the stock market.
The subsequent period was naturally ecstatic, even when calling home, they sounded this way.
“Sister-in-law… I have insider information.”
“Making money in Dapeng City is the best.”
“I earn over ten thousand a day just lying at home.”
The domino effect often builds up this way, one telling ten, and ten telling a hundred.
In the end, even Old Yang didn’t know how many people he had influenced to buy this stock.
On January 15, 2038, a big news broke out in the stock market.
A certain listed company’s boss boarded an overseas flight yesterday.
This was a normal business news item; after all, which owner of a listed company doesn’t frequently go abroad for business?
But what was unusual was that even before January 15, this boss had already moved his wife, children, parents, and relatives overseas under various pretexts.
What does this mean?
Anyone with a little sense would understand that the whole family immigrating was premeditated.
The soaring internet celebrity stock during this period was undoubtedly manipulated by insiders, seriously suspected of economic crime and insider trading.
Before absconding, the chairman cashed out 3.8 billion at the high point in the stock market.
And this was merely half of his shares, the remaining half could no longer be cashed out.
It became the discarded part of the insider scheme.
Brokers, naturally referring to the one who orchestrates the manipulation.
The news quickly caused a stock market shock, the authorities immediately sent an investigation team to the company to start a business investigation.
In less than two days, major insider information was revealed.
It was found that the company couldn’t make ends meet for a long time, and to attract retail investors to enter the market.
They first engaged in financial fraud, later also involving product development fraud.
The owner spent one billion, through an intermediary, to hire dozens of internet celebrity financial bloggers to release positive news for seven consecutive days.
Later, he connected with a high-level executive through another intermediary to release news of an imminent high-priced acquisition.
He worked with a series of people, spending at least ten billion altogether.
This turned their own operations into the surging internet celebrity stock of January, attracting up to 100,000 retail investors.
After cashing out the 3.8 billion, he left the company without a word and flew overseas.
The retail investors left behind were collectively stunned.
“Bang bang bang…” Thunderous knocking came from Old Yang’s house not far away.
The retail investors who were scammed, including Old Zhang and Granny Li, were nowhere near as friendly as before.
Now, each had blood-red eyes.
Do you know what’s most feared in stock trading?
It’s not price drops, even if prices fall sharply, as long as there’s still buying, losses can be cut in time.
The greatest fear is the current situation, where the boss absconds and funds flow out, leaving all retail investors trapped.
No matter how much one wants to cut losses in time, no funds could be withdrawn.
They could only watch as they became worthless scrap papers.
“Old Yang, get out here.”
“Don’t think that locking the door and hiding inside will make you safe. Until you compensate me for my losses, I’ll make trouble at your house every day.”
These aren’t retirees with pensions, but people who toiled their whole lives in the countryside, coming to the city in their old age to help raise their children’s kids.
To them, money is life.
Saving all their lives only to lose everything here, you could say they’ve lost their minds.
Even the law can’t restrain them.
No one knows what they might do, but for sure, Old Yang’s family will have people keeping guard 24/7, even if he wants to quietly leave, it’s impossible.
“Grandpa… something happened at Grandpa Yang’s house, didn’t it?” Little Ji Ye stood outside with his grandparents, curiously observing.
“Yes… indeed something happened, and it’s the kind of trouble that can’t be easily resolved.”
“That Old Yang is really something.”
Song Yanxi next to him said, “You had clearly reminded him earlier, but he insisted on going his own way. He withdrew himself and didn’t tell others. This is bound to have fatal consequences.”
Chen Pingsheng thought so too, this time Old Yang harmed too many rural elders. The annoyed ones knocking on the door were still okay.
But some silently sat smoking at his door, and the calmness in their eyes was increasingly unsettling.
In times like these, the more they remain silent, the more unsettling it becomes.
At night… as darkness quietly descended, the elder who smoked silently earlier, climbed Old Yang’s house with a knife.
He was already over sixty. His eldest son got divorced, and his youngest son couldn’t get married because he couldn’t afford to buy a house.
This time he lost more than three hundred thousand. It doesn’t seem like much, but it’s the money he painstakingly saved over half his life for his youngest son’s house.
Whoever took his money, or whoever made him lose everything, he’s going to fight them.
When Old Yang opened his eyes, a knife was already at his throat.
Either give him money to compensate for his loss, or it’s a life for a life, and nobody survives.
Old Yang was also someone who had lived through an era; how could he be so easily threatened?
“You lost money, but it wasn’t my fault. Why are you coming to me?”
“Stop talking nonsense. If you don’t give me the money today, I can only kill you.”
Old Yang was tough. He had also been peaceful for many years. If anyone wanted to hit someone, the other would just give in: “Go ahead, just when I’m tight on cash. Not hitting makes you a fool.”
He thought nobody dared to make a move, but little did he know, one who loses control couldn’t be understood by common sense.
With bloodshot eyes paired with trembling hands, Little Zilin was left crying out of fear.
Something big truly happened in the urban village, breaking a decade of peace all at once.
That night, over a dozen police cars flashed their lights to seal the scene.
A major murder case, waking who knows how many people from their beds.
The same happened with Chen Pingsheng’s family, as Old Yang lived not far from them, and there wasn’t even a sound when it happened.
Little Ji Ye wanted to rush over to see his friend Little Zilin; she was unharmed, just stunned into silence.
As for the murderer, he sat there smoking, showing no resistance.
Acting impulsively and doing something foolish, one would certainly regret it.
He was already so old, with not much life left to live.
To be so shocked in his old age, it’s no wonder he went insane.
Rather than constantly torturing himself, he wanted to leave with the person who harmed him.
Probably something like this triggered the case.
The urban village was already crowded with all sorts of people, now they’ve all been awakened.
Even Little Ji Ye skipped school the next day, and many missed work; the village, a small area, was a forgotten corner in the city.
Now making such a big fuss, there’s no way to calm down.
But behind the viral skyrocketing stock, there’s not just this one victim village.
The cartel cashed out thirty-eight billion and left, leaving countless people below profiting from it, with the key being who planned this ruthless capital scam against retail investors.
In this scam, several cartels along with the founders of the listed company cashed out nearly sixty billion.
Behind it were thousands of families in turmoil, even leading to a major murder case now.
Chen Pingsheng estimated that Old Yang was not the first one to lose life in this capital scam, and who knows how many will end up jumping from buildings later.
The cartel’s profits of billions didn’t come from thin air but were invested by these ordinary rural elderly.
The urban village didn’t grow silent from Old Yang’s departure.
On the contrary, the commotion got even bigger.
For several days, there were arguments next door or nearby wives cursing on the street.
Most were blaming their rural parents for trying to learn to trade stocks from others.
The hard-earned savings were now all gone.
Pain, suffocation, all sorts of emotions were there.
For an average family, hundreds of thousands is their life, which is saved up from decades of toil.
Chen Pingsheng was at home, and nowhere was quiet, as he was also annoyed by this mess; Old Yang was someone he’d played chess with for half a year after all.
His granddaughter Little Zilin couldn’t even speak because of this, as the capital’s scythes were cutting openly into these ordinary people.
Those wealthy people who fled are likely living in overseas villas enjoying their days.
“Old Chen, there should be an explanation for this.” Song Yanxi said angrily.
“There definitely needs to be an explanation. Let me make a call first.”
Chen Pingsheng called Tang Jing to ask her to check the boss’s name and which country he ran to.
The boss’s name was easy to find, Guo Guangyi, born in 1985.
He is now 52 years old, and he faced a massive crisis last year after thirty years of entrepreneurship.
The company was once on the brink of bankruptcy; Guo Guangyi bribed the company accountant and specifically hired an auditing firm for financial fraud.
The aim was to plan the capital scam and gather enough funds to go abroad.
“Where did he escape to now?”
“News says to Mexico, Uncle Chen; he’s sure not to come back from overseas this time.”
“If he doesn’t come back, then we’ll catch him back.”
Chen Pingsheng said, “Contact the Cartel, I want to see this Guo Guangyi within ten days inside the country.”
Speaking of the world’s public security environment, the country ranks top, even can be said to be the first worldwide.
Mexico is different, known for world’s leading terrorist Joaquin “El Chapo” Guzmán.
Someone who dared to organize a team with assault rifles to wildly sweep a government building.
He was also one of the biggest drug lords in world history.
After he got captured, a new force rose over there, led by the Cartel.
Chen Pingsheng’s business had gone global a long time ago; he had connections and cooperation with various figures.
To truly go to Mexico and catch someone there couldn’t be faster than the Cartel.
Because these people ignore any legal process; if they want to catch you, they won’t talk evidence, they directly tie you up and bring you back.
This was the first time Chen Pingsheng had asked the Cartel to do something.
There were so many victims around him, and the person who caused all this was enjoying sunshine and beaches abroad.
Is this… fair?
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