Resource Tycoon Reborn

Stockton looked at Fang Mingyuan with an indescribable emotion. He planned to hand over at least 200 million US dollars to Madoff for financial management, which was almost half of his liquid funds on hand. Although his net worth was strong, most of it was

It is the company's shares, and many of them are stocks and real estate. For him, although two hundred million US dollars is not a huge amount of money, it is not an amount that is as light as a feather. Although Fang Mingyuan has not looked at it until now

Only this one doubt was raised, but for Stockton, it was enough to make him reflect on his decision. Although Madoff's past achievements were very dazzling, as soon as he considered that his investment was likely to

After a total loss, Stockton sobered up a lot.

"Just this, I'm afraid it's hard to say this is a Ponzi scheme!" Ross said in a hoarse voice, "Madoff's investment direction is highly confidential. In order to avoid leaks..."

"Okay, let's talk about the second point!" Fang Mingyuan interrupted Ross, "Do you know Madoff's investment strategy? Can someone explain the principle to me? Anyway, I don't understand it."

Ross and Spielberg both opened their mouths, but eventually closed their mouths. Madoff's investment strategy has always been kept secret. The few explanations he gave were only a few nouns, and they were never explained in detail.

His investment strategy. Because one of the harsh conditions he allows to invest in him is not to ask him any questions about investment, trust him, just give him the funds, and then you can get a stable return of almost 10% every year!

And he did exactly that. He did not explain his investment methods, nor how he used investors' funds to obtain returns, but he did do it. Regardless of whether the market is good or bad over the years, he has been able to pay

At least 10% of the investment return profit. They have even heard the news that Madoff once eliminated those who joined his investment team and liked to ask questions.

"Third point, the investigation shows that Madoff's investment business has always been controlled by him alone. He manages the assets and reports the assets to investors at the same time. Even his two sons who hold important positions in Madoff Investment Securities Company are

No intervention is allowed. Not to mention what principles this violates, don't you think it's weird? Since he has such a good idea, why not let his two sons also intervene? He was born in 1938, and today he is

He is about to turn seventy. Although his health is still good, it is a good way to make money like this. If one day he can no longer function for any reason, such as accidental death or serious illness, his two sons

How to take over? Or will you withdraw all your funds when the time comes?" Fang Mingyuan shook his head and said, "His two sons have a good relationship with him, but he can't even trust his son. Don't you think it's strange?

?”

“Fourth point, I have evidence here that at the end of the last century, the U.S. Securities and Exchange Commission discovered that Madoff had several sets of books and forged documents and provided false information to investors and regulators about his consulting activities.

Although the result of the subsequent investigation of this matter was that it was settled. Madoff only provided some explanations and passed the test, but I think this shows that he is not completely innocent and trustworthy." Fang Mingyuan picked up another item from the bag beside him.

He took out a few pieces of paper and handed them to everyone.

"Of course, I'm not saying that I can say with certainty that Bernard Madoff is deceiving you. I just want to say that I think there are some problems here. I would like to remind you that Mr. Madoff

, cannot give complete trust. At least when you invest in him, you should seriously consider it." Fang Mingyuan said.

Schwarzenegger frowned and looked through the information that Fang Mingyuan had brought out twice more. As the governor of California, he had also learned a lot about economics and finance in the past few years. He felt that it was indeed what Fan Mingyuan said.

As such, there are some problems with Madoff Investment Securities Company. If... what Fang Mingyuan said is true, more than 20 billion US dollars of funds have been trapped in a Ponzi scheme...

Schwarzenegger didn't dare to think about it anymore, because he knew that the final result of every Ponzi scheme was that most investors lost their money. Although the United States has laws and compensation mechanisms to deal with this situation,

, but he remembered that the maximum compensation amount was only half a million US dollars per person! For most of these investors, it was just a drizzle. Although he had not invested in Madoff Investment Securities Company, it was more or less

I have also heard some news, it seems that the minimum investment amount required by Madoff is more than one million US dollars.

He couldn't help but think about the fact that New Century Financial Corporation, the second largest subprime mortgage company in the United States, filed for bankruptcy protection due to its inability to repay its debts. There are already big problems looming in the subprime mortgage sector. If we talk about these few

If something goes wrong involving tens of billions of dollars, many financial institutions and investors will definitely suffer heavy losses. Will the chain reaction lead to even greater financial problems?

California is the most economically developed region in the United States, and the number of wealthy people here is also among the highest in the United States. He decided to conduct a careful investigation after returning to see how many people who invested in Madoff Investment Securities Company were from California.

.

Ross's mood was completely confused at this time. He wanted to say that Fang Mingyuan was imagining it out of thin air and had no real evidence to support it. But he also understood that Fang Mingyuan did not invest in Madoff Investment Securities. Even though Madoff Investment Securities

The company was really a scam, and he had nothing to lose. Moreover, even if he was lying and convinced himself to withdraw his capital from Madoff, he would only lose some future earnings. For Fang Mingyuan himself,

What's the benefit? Instead, he lost his credibility and made enemies. And if... what he said was true? Ross couldn't help but shudder.

Stockton was also silent. If Fang Mingyuan mentioned the first doubt just now, he only had some doubts in his heart. But now, he has confirmed that no matter what the final result is, he will not use his funds.

Leave it to Madoff! Even if it is not a scam, such a management method may cause big problems in the future. Compared with the stable return of 10% per year claimed by Madoff, he still pays more attention to the safety of funds!

Cameron suddenly said: "Everyone, I believe in Fang. He is not a person who talks freely. Moreover, I have never heard of any dealings or grudges between him and Madoff, and I would not be guilty of using this method to attack him."

Madoff. If he doesn’t like Madoff, I believe he will have better ways to attack him. So, I think, from the perspective of ensuring the safety of your funds, you should think about it carefully.

.However, I hope you will not tell anyone about this matter easily, or..."

"James, I think the main thing is not to tell the media. After all, this matter has not been finalized yet, but if their relatives and friends also invest in Madoff, it is still okay to give a friendly reminder. Haha, I can tell you what I said

If Madoff thinks there is something wrong with what I said, I welcome him to refute my point of view." Fang Mingyuan patted Cameron on the shoulder and interrupted him.

"Well, I agree with Fang. Expressing opinions easily to the media can easily cause trouble when there is no exact truth about the matter," Schwarzenegger said.

"By the way, I noticed that one of Madoff's investors includes the British HSBC Bank. A good friend of mine serves as a director of HSBC Holdings Co., Ltd., so I also reminded him of this matter. HSBC may

The bank will also take action... Haha." Fang Mingyuan smiled and did not continue. He believed that everyone present was a smart person.

Spielberg, Ross and Schwarzenegger all quickly said goodbye and left. They all needed to digest this news as soon as possible. Stockton and Cameron stayed and returned to Beaver with Fang Mingyuan.

Lishan Villa.

"Fang, no matter whether your suspicion is correct or not, I have to thank you!" The three of them had just sat down in the reception room, Stockton said seriously, "I never thought that I would be deceived by such a scam.

"

"Huh? Don't you already believe that there is something wrong with Madoff?" Cameron said in surprise, "What new evidence do you have?"

"There is no evidence, but his promise itself is a problem." Stockton said, "No matter how capable a person is, it is impossible to guarantee a stable return of 10% profit for so many years. Even if

It was during the economic crisis."

"Well, I don't agree with what you said. As far as I know, there is such a person who has escaped several economic crises and made a lot of money." Cameron shook his head.

"Who is it?" Stockton couldn't help but become curious. He knew that Cameron never made big talk. If he said he did, then he must have.

Cameron cooed, "Why don't you just sit here?" He knew Fang Mingyuan far better than the average person. He naturally knew that Fang Mingyuan did not suffer any big losses in the previous economic crises. On the contrary, he took advantage of the economic crisis to make progress.

Expansion. Wasn’t it that Samsung Group’s equity was acquired after the Southeast Asian financial crisis? By now, it has earned back several times the investment made back then.

Stockton's eyes turned to Fang Mingyuan who smiled bitterly... (To be continued.) For mobile phone users, please visit http://m.piaotian.net