A Returner’s Successful Investment Method - Chapter 655



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Episode 655 malay scandal (16)

Ming Liu called the contact number he had received earlier.

The other person answered the phone right away.

[hello.]

The moment I heard the voice, I became angry and screamed without realizing it.

“You!? “You’re the one who did all of this, right?”

[that’s right.]

“… … what?”

He admitted it so obediently that I was speechless for a moment.

[From the moment we first met at Leon’s birthday party, I thought something was strange. So I did some research, but I had no idea that such amazing things would come out.]

“You cut me in the back just because I thought it was weird?”

Ming Liu recalled his meeting with Han Mei Lu.

‘All of this because we met by chance at a birthday party? Then, even if we hadn’t met that day… … .’

“Uh, why!?”

[ah! I have a disease where I can’t stand seeing scammers.]

“You bastard… … .”

When he got angry, the other person spoke calmly.

[Rather, isn’t it time to talk to me now? I don’t think I would be there.]

“… … .”

The moment I heard those words, my mind raced.

As if he had said everything he wanted to say, the other person hung up the phone.

“W-you shouldn’t be here.”

The priority is to avoid the area.

He opened the safe and took all the things inside, including dollar bills, gold bars, precious metals, and luxury watches, and stuffed them into his suitcase.

Even though I only took cash and valuables, three suitcases were full.

Ming Liu dragged the suitcase and headed to the garage. A Ferrari, Lamborghini, and Porsche were parked side by side in the garage.

Since sports cars don’t carry a lot of luggage, he chose a Bentley.

I put my suitcase in the trunk and drove out of the mansion… … A black SUV suddenly appeared and blocked the front of his car.

Two men and a woman in suits got out of the car, approached him, and knocked on the window.

“Are you Ming Liu?”

Surprised, Ming Liu shouted irritably.

“What are you guys!?”

A woman in a suit held out her ID card.

“This is the FBI. “Would you please accompany us for a moment?”

“FBI?”

Ming Liu shook his head.

“I’m busy right now, so come back later.”

Then the FBI investigator smiled and said,

“You don’t have to rush to the airport. “Mr. Ming Liu was banned from leaving the country a while ago.”

“… … .”

“And now you think I’m asking you a favor? “Please get off when I have good words to say.”

The FBI investigator brought in a warrant.

Ming Liu had no choice but to open the door and get out of the car.

Then, reporters hiding somewhere appeared all at once, pointed their cameras at him, and set off their shutters and flashes.

Some people searched inside his car.

Originally, he enjoyed working in the media.

But not this time.

Ming Liu covered his face and shouted.

“Jji, don’t take pictures! “You bastards, don’t take pictures!”

* * *

[(Breaking News) 1IDB’s key man arrested while fleeing from Ming Liu’s home!]

[Ming Liu emergency arrest! 1IDB Will the truth be revealed?]

[Ming Liu’s lawyer will apply for bail… … .]

David said while looking at the article.

“Ming Liu has been arrested.”

“I’m glad I’m in America.”

Since he was not yet wanted by Interpol, it would not have been easy to catch him if he had run away to another country. If he had gone to Hong Kong or China, he would never have been arrested.

Someone(?) reported his location to the media and tabloids, and reporters and paparazzi were lurking around the mansion.

And the scene of his arrest was relayed in real time by them.

At least the reporters followed the principles of reporting, but the paparazzi did nothing.

They arbitrarily held up a camera, asked questions, and even searched the inside of the car.

In the process of blocking this, the suitcase was opened, and wads of dollars and gold bars poured out of it.

“It reminds me of the old days. “Similarly, there was someone who was arrested while running away.”

“Who are you?”

“My name is Park Tae-il.”

He is the fraudster who caused the Primus Fund incident, and the first fraudster I ever truly educated.

From then on, didn’t I become an enemy of fraudsters?

“The Securities and Exchange Commission (SEC) has launched a full-scale investigation.”

“I finally started working.”

“The same goes for the Department of Justice (DOJ), the Financial Services Commission (DFS), and the Federal Reserve System (FRB).”

Where is that?

In addition, Hong Kong’s Securities and Futures Commission (SFC), Singapore’s Department of Commerce (CAD), the Department of Justice (AGC), and the UK’s Financial Conduct Authority (FCA) also began investigations.

This is not an incident like a bank failure, and it is unprecedented for financial authorities from each country to launch an investigation due to one individual.

Only at this level can he be called ‘the fraudster of the century.’

Trish, who was listening to the conversation next to her, shook her head and said.

“I might publish it as a book later.”

“sure. “Be sure to write this before someone else does.”

In fact, even in the first episode, this story was published in a book.

I don’t know why there are so many absurd things in this world.

If these are compiled well, wouldn’t it be possible to produce dozens of books?

David said.

“Malaysia’s election is about to be overturned.”

Malaysia, ahead of the election, was shaken by this incident in which an individual embezzled $7 billion in 1IDB investments.

Prime Minister Binti Lime and the United Malays Party failed to respond properly to the sudden negative news.

Prime Minister Binti Lime thoroughly denied this in a TV debate, saying he had no knowledge of it, but no one in the public believed him.

Rather, corruption scandals and his wife’s extravagant behavior, which had been ignored until now, came to light one after another.

In public opinion polls, the United Malay Party’s approval rating plummeted by 20 percent, and on betting sites, the probability of a regime change rose significantly.

“For now, we are blocking it with the power of power, but after we lose the general election, a full-scale investigation will begin from then on.”

I remembered the first time.

Prime Minister Binh Thi Lime surprisingly avoided arrest despite being exposed for receiving more than $1 billion from Ming Liu.

What will happen this time?

As expected, the timing of a scandal is as important as its size.

Even if it is the same scandal, the impact can vary depending on the time period.

I also paid attention to other elections.

What kind of influence will it have on the US presidential election?

* * *

[(WST Exclusive) Ming Liu illegally donated $30 million to President Wallace’s election campaign!]

[Ming Liu lobbies to influence government policy!]

[Collusive relationship with Richman Sachs Treasury revealed… … .]

[What impact will the ‘Malay Scandal’ have on the US presidential election?]

When it became known that Ming Liu had donated $30 million under borrowed names to the top Republican and Democratic candidates, the ramifications of the situation have now spread to the U.S. presidential election.

A Phillips campaign spokesperson immediately released a statement.

“It is clearly illegal for foreigners to support U.S. presidential candidates. As soon as our camp received information about illegal donations, we conducted a thorough investigation into the donations and uncovered them. Therefore, I would like to state that Candidate Phillips has not received a single penny of support from Ming Liu.”

However, the Wallace campaign postponed its announcement.

The reason is, of course, because he received $30 million.

President Wallace was shocked.

“No, why on earth did sparks fly here!?”

This incident began when Continue Capital criticized Richman Sachs for illegal activities that occurred during the issuance of 1IDB bonds.

But at some point, it turned into a 1IDB bond issue, a guy named Ming Liu emerged, and even the results of the Malaysian general election were set to be overturned.

Then, this fire spread to the US presidential election!

The Phillips campaign was able to avoid the fire thanks to solving the illegal donation issue in advance. But the Wallace campaign did not.

‘Did that guy Han Miru give you information?’

In fact, the investigation into illegal donations began immediately after the two met.

Since it was Continue Capital that caused this incident, it is natural that information would have been exchanged in advance. But he didn’t hear anything.

‘Why didn’t you tell me!?’

Even when the Phillips election campaign was conducting a full investigation into illegal donations, they laughed at it and called it stupid… … .

Because of that $30 million donation, I got involved with the conman of the century.

The Democratic Party immediately attacked Wallace’s morality, and even his Republican rivals joined in.

At the countermeasures meeting, election aides spoke in unison.

“If this issue continues to arise, it will be detrimental to the presidential election.”

“Demands for an apology are pouring in.”

“If we don’t respond quickly, we will be stuck throughout the election period.”

“To dispel suspicion, Richman Sachs and those involved in this incident must be severely punished.”

President Wallace laughed.

‘Is this really what you were aiming for from the beginning?’

Considering the situation, it was clear that Continue Capital had designed it from the beginning considering the impact this would have on the political world.

They brought in the government to attack Richman Sachs!

At this point, it’s astounding.

The problem is that even though you know it, you have no choice but to ignore it.

He has no choice but to respond strongly in order to avoid taking political responsibility.

President Wallace announced his position through a White House spokesman.

“This is the worst incident that occurred due to moral hazard at a major financial company. “The government will investigate and severely punish Richman Sachs and its associates for their illegal activities!”

* * *

The battle between Continue Capital and Richman Sachs was the biggest issue on Wall Street.

Everyone was paying attention to who would win between the world’s largest private equity fund and the world’s largest investment bank.

Experts predicted that it would be difficult for Continue Capital to successfully short sell Richman Sachs.

After all, how could a large investment bank with over 150 years of history easily collapse under the attack of a private equity fund that was established only a few years ago?

In addition, Richman Sachs has a strong connection with the government, to the point where it is called Gaberman Sachs.

In fact, in the beginning, Richman Sachs’ stock price actually rose slightly, and it seemed like Continue Capital’s attack was failing.

However, things changed when Ming Liu was arrested and the true nature of 1IDB was revealed.

[Singapore Ministry of Justice confirms Richman Sachs Asia headquarters violates anti-money laundering laws! Even though he knew about the misappropriation of bond sales proceeds, he turned a blind eye!]

[Hong Kong Securities and Exchange Commission ‘Richman Sachs seriously violates its obligations as a financial intermediary!’]

[Chairman of the U.S. Securities and Exchange Commission, ‘We will take strict action against actions that destroy trust in the overall financial system!’]

An international joint investigation into Richman Sachs’ illegal activities began, and countries including the United States announced a thorough investigation and strong punishment.

It was estimated that the expected settlement amount to be paid to each country in relation to the issuance of 1IDB bonds, as well as the recovery of sales fees, would amount to at least $10 billion.

This amount is several times larger than the settlement amount for the sale of non-performing subprime mortgage loans during the 2008 global financial crisis.

When this fact became known, Richman Sachs stock price fell 30 percent in one day.

-This is my first time seeing Richman Sachs plummet like this.

-Haha wasn’t it like this even during the financial crisis?

-Hey! $500 billion in market capitalization was lost in one blow.

-In the end, it was Continue Capital again.

-You bastards! I crashed during the financial crisis and still haven’t come to my senses.

-All Treasury officials from Richman Sachs who took the money should also be punished!

-Do you think President Wallace should be punished for receiving illegal donations first?

-Quickly cut off the tail.

-The government is stepping on Richman Sachs.