Rebirth of the Evil Life

Madoff looked proud.

In the past, you all called me a liar and a super liar, but now, I can fulfill all of this. Any promise I made, the 20% annual profit return rate, can be fulfilled.

Is a 20% profit rate a Ponzi scheme?

yes! Because this is far more than normal bank interest, and also more than the profit of any financial product.

It is true that in the financial market, you can become rich overnight, from a pauper to a millionaire, multi-millionaire, or even hundreds of millions of dollars. In comparison, the profit margin is hundreds or even thousands of times higher.

Also, those venture capital funds often make thousands of times their profits.

In comparison, 20% profit is really too low, outrageously low.

However, there is a huge difference of equal magnitude, and that is the amount of funds.

The annual profit return rate of stock god Buffett is actually very low. His return on capital is only about 5% every year, which is not high at all. But one thing he excels at is the steady growth of funds, which can achieve 5% growth every year. When this kind of growth accumulates over many years, it will be very scary.

You know, Buffett's capital is very huge. The funds he manages are hundreds of billions of dollars, and they can grow by about 5% every year, which is quite scary.

When a person's wealth reaches a certain level, it becomes difficult to increase it.

It's like if you want to become a millionaire, you can do it with just a small chance. It’s not difficult to become a multimillionaire. After you become a millionaire, you can do it if you work hard. And then, billionaire, that requires a little bit of luck and a big opportunity.

After that, it will be difficult to become a billionaire or even a billionaire. That's not something you can do if you want to. That requires ability, vision, luck, and opportunity, all of which are indispensable.

Just like Lin Feng himself, if he never comes out in Chu City, then Lin Feng's wealth will gradually form a monopoly in Chu City with the scented tea business, fast food business, Internet cafes, etc., and become a local tycoon.

With assets exceeding 100 million, there shouldn't be much of a problem. But if you want to go up, it will be difficult.

After all, the size of Chu City is limited, and Lin Feng's assets are naturally limited. In Chu City, assets worth hundreds of millions are already quite impressive. However, compared with the current wealth and status, it is far behind.

Assets of hundreds of millions are just a lot compared to ordinary people. In this capital society, assets worth hundreds of millions are just crossing the threshold. Still belongs to the ‘poor’ in this circle.

After all, a luxury home costs hundreds of millions, a luxury car costs millions, tens of millions, and a private jet costs tens of millions. If you have hundreds of millions of assets, you can only do ophthalmology.

For Madoff, the funds he absorbed all came from these super rich people or some big banks. He didn't bother to make money from the poor. It was too little, too slow, and too energy-consuming.

On the contrary, the money of the rich, although the rich are more informed, are just as stupid. As long as they are greedy, they will be stupid. This is human nature.

Therefore, the funds that Madoff defrauded were at least several million US dollars. This was at the beginning. Later, it was a huge capital flow of tens or hundreds of millions of US dollars. Too little, and he doesn’t want it at all.

With such a huge capital flow, if you guarantee 20% profit, that is fraud. This is simply impossible to do.

But now, when investing in the space industry, the 20% profit is nothing. Because the space industry is now a high-tech field, and the more cutting-edge it is, the more terrifying the profits are.

For example, a gold mountain as big as the continental United States has been discovered, or a planet formed by gold mines. The profit rate of return is huge.

A gold mountain as big as the United States, although we don’t know how much gold it contains, it is worth at least several trillions, or even tens of trillions of dollars.

even more. This is a huge profit that cannot be predicted.

"Are you telling the truth?" asked Mokin, the former president of General Financial Corporation.

But he wasn't asking Madoff. This guy's words have no credibility at all. He was asking about Lin Feng.

In the whole world, Lin Feng's words are the most trustworthy.

Lin Feng smiled and nodded.

"It's true, a gold mountain has really been discovered, a gold mountain as big as the continental United States!" Brightman and others were shocked.

Of course, the entire Hofstra University was also in trouble.

Such a big gold mine is terrible. How much is this!

This is not just about money, it also means that the previous scam, this huge Ponzi scheme, is not a scam, but a real thing. So, the financial turmoil that formed before this was a misunderstanding.

What's more important is that none of them went bankrupt. Not only did their funds still exist, but they were also able to obtain the profits they had originally promised.

"I invited Mr. Lin here today just to tell you that all those who have invested before can come to me and get your funds back according to the original agreement, as well as the profit returns you deserve. And because I am now There was not enough money, so I pledged my shares in Paul and borrowed funds from Mr. Lin at an interest rate of 30% per year," Madoff said loudly.

Lin Feng nodded.

"So, all Madoff clients can register with me. Once your identity and funds are confirmed, I will refund you in full." Lin Feng promised.

The whole place was shocked.

Mo Jin burst into tears and was the first to run up to Lin Feng with his hands raised.

"Mr. Lin, I signed up. I want to redeem it first. My life has been completely destroyed because of this fraud... this investment. My life now is extremely miserable. I want to redeem it!" Mo Jinlao burst into tears.

It was not easy for him. He had worked hard all his life, but in the end he was ruined because of Madoff. His money was gone, his reputation was gone, and his family was restless because of it. It can be said that he was suffering quite a lot. He originally thought that his life would be ruined like this.

I never thought that things could still turn around.

"Mr. Mokin, don't you want to continue investing? A 20% return rate per year is quite a lot." Madoff was anxious.

"Mr. Mo Jin, if you are sure, I will register immediately. You should know that I hate people who regret it the most!" Lin Feng also urged, "And you, make a decision quickly, and let me know when you make a decision. Here, all the customers who invest in Madoff, you can contact me now. Remember! You only have one chance, and you will lose it if you miss it. After all, there are still some problems with this asteroid, such as the timing of mining. , It has not been confirmed yet, and there is no news about its exploration volume yet!”

At this time, everyone was confused.

(The two updates are over today and will continue tomorrow! Thank you for your support!)

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