Prev
Ch. 597 / 65491%
Next

Chapter 597: Killing Two Birds with One Stone

~16 min read 3,088 words

"Tsk tsk, it's too crazy! It's quintupled in such a short time!" Cao Weicai looked at the stock's upward trend and said to Chen Jiajun with a smile, "If I didn't know the inside story, I reckon I'd have bought in too!"

Chen Jiajun smiled and said, "The harder it rises, the harder it falls! Is the SCAM phone ready to be released?"

"It's already prepared. I can't imagine the expressions on these American Gweilos' faces when they find out that what this so-called SCAM company is selling is just this kind of junk!" Cao Weicai said with a wicked grin.

"Hahaha, this is called making use of waste!" Chen Jiajun said with a smile, "Back home, nobody even uses this stuff anymore; they complain the signal is bad! Over here in the United States... the scene will be too beautiful, I dare not look!"

"However, your short-selling team needs to be ready first. We can't be sure at what moment SCAM will blow up. Also, tell Xu Jiawei to leave the United States immediately; be careful he doesn't get detained!"

Xu Jiawei received Chen Jiajun's call very quickly.

After having a celebratory drink with the people on Wall Street, he found an excuse about being busy with business and took a flight that same evening straight back to Longkou.

The stock for the SCAM company had already been hyped up.

And it was hyped up very crazily.

He couldn't imagine what kind of crazy state these American Gweilos would be in once they discovered the company's stock had crashed.

They would probably have the heart to skin him alive.

That was why Xu Jiawei, ignoring the churning in his stomach, ran for it immediately.

The stock was soaring, and the SCAM phone was also being released in full swing.

Many people even heard that the SCAM phone was selling very well in Asia, so they came to buy it with a "watch the show" mentality.

Furthermore, Chen Jiajun had taught Xu Jiawei a very disgusting sales strategy: hunger marketing.

Spending money on marketing while refusing to supply the goods properly.

This led the public in the United States to be very curious, and curiosity would lead them into the trap.

About a dozen days after SCAM went on sale, a blog post tearing down the SCAM phone suddenly appeared on the internet.

This blogger tore down the SCAM phone on Yahoo in front of everyone.

The conclusion reached was that the SCAM phone was absolute electronic trash.

The technology used was all obsolete, or even discontinued stuff.

This caused an uproar on the internet, with people posting blogs to condemn it one after another.

However, in this era, the internet's penetration rate was insufficient; although it fermented on the internet for a while, it didn't cause too big of a splash.

But this situation had already been noticed by investors on Wall Street.

The institutions that had been frantically snapping up SCAM also stopped their actions one after another.

Some even started quietly selling off.

But this didn't have much impact on SCAM's stock price! After all, SCAM's stock price had already reached 20 dollars a share.

The final fatal blow to the SCAM company was an article that appeared in the New York Times.

The article directly pointed out that SCAM was using the high-tech industry to commit fraud.

The influence of the New York Times was not something the nascent internet could compare to, and it immediately caused the entire United States to explode.

The SCAM company's stock price plummeted in response; it could simply be described as a landslide.

However, the higher they had hyped the SCAM stock initially, the more troublesome it was for these people to offload it now.

Cao Weicai was even wicked enough to forward the New York Times report to other media outlets.

It could be said that it affected the entire United States for a time.

The entrances to the shopping malls, which had previously been filled with people queuing to snap up SCAM phones, suddenly became deserted.

Meanwhile, on the other side, Jordan Belfort was dealing with an FBI investigation.

He was busy sending the money he had earned over these years to Switzerland.

After all, a lot of the money in his hands was illegal, so to prevent the federal government from taking all his money as evidence to prosecute him, he had to do this.

Fortunately, his subordinates had some connections with the Swiss Bank, and Jordan used various means to transfer his assets.

Then he dealt with the FBI's aggressive investigation.

However, Jordan Belfort, having seen big storms and waves, had long since had methods to cope, and he managed to brush off some of the investigations.

Just when they all thought there was nothing wrong, the real crisis suddenly descended.

While Jordan Belfort and Chenny Azoff were doing drugs, a phone call came in.

"Who is it?" Jordan asked curiously. The smile on Chenny's face suddenly froze: "They said SCAM is dumping its stock!"

After listening, Jordan immediately grabbed the phone and asked: "Rughead, what the hell is going on?"

"Jordan, listen to me, I'm looking at the monitor, a massive amount of SCAM stock is being dumped! It's not us dumping it, it can only be the SCAM company! Only they have that many shares!" Rughead's voice came from the other end of the phone.

Jordan immediately understood: "These bastards know I've been targeted by the FBI, so they plan to strike first and dump it?"

Rughead, frantic at this moment, said: "Jordan, tell me quickly, what should we do now?"

Jordan did another line of drugs and said to Rughead: "Call all the clients immediately and tell them to dump the SCAM stock! We need to drive the price down, understand? They want to screw me? I'll turn their company into penny stocks, you hear me?"

At this moment, Jordan still didn't understand that SCAM was just a front.

It was a Chip in Chen Jiajun's hand that could be discarded at any time.

What Chen Jiajun wanted, from beginning to end, was just to harvest Wall Street once.

As for Jordan, those greedy investors on Wall Street, and those American members of the public who followed the trend, he wouldn't care at all.

SCAM company? It was just a piece of trash! Once used, it could be thrown away.

As a capitalist, this was the most basic level of cultivation.

Once Jordan figured out the ins and outs of the matter, he immediately thought of Chen Jiajun.

The SCAM company was introduced to him by Chen Jiajun. He recalled the conversation he had with Chen Jiajun earlier, and a terrifying conjecture suddenly swirled in his mind.

"No, no, no! This can't be true!" Jordan Belfort suddenly panicked.

Stripped of his arrogance and conceit, Jordan Belfort began to examine this problem.

Then he discovered that all the clues pointed directly to Chen Jiajun.

This mysterious tycoon from the East.

Whether it was his Stratton Investment or the subsequent public offering of SCAM.

Everything was pushed forward by Chen Jiajun single-handedly.

Thinking of this, Jordan Belfort immediately took his brother Donnie and prepared to go to United Aerospace Capital to find Chen Jiajun.

After all, this matter was very likely pushed by Chen Jiajun, and only he could resolve it.

The two were dazed from taking drugs and had their driver take them to United Aerospace Capital.

They pushed aside the security guards, broke into United Aerospace Capital, and caused a scene with the security guards in the office.

Jordan and Donnie were both scoundrels by nature, so there was no talk of saving face.

After making a scene, Cao Weicai finally walked out of the president's office.

Seeing Jordan and Donnie, Cao Weicai immediately sneered: "I was wondering who it was, so it's the Boss and Deputy General Manager of Stratton! What are you planning to do by coming here today?"

Jordan said excitedly: "I want to see Mr. Chen!"

Cao Weicai crossed his arms over his chest and said coldly: "Mr. Chen is not someone you can see just because you want to!"

"Damn it! The trap you designed has caused me to go bankrupt!"

Jordan said excitedly, reaching out to grab Cao Weicai.

After two kidnapping incidents, Cao Weicai had been followed by two imp slaves.

Except for having sex or bathing, someone followed him even when he went to the bathroom.

For Jordan to try to attack Cao Weicai was truly like lighting a lantern in a latrine—courting death! An imp slave merely pinched Jordan's arm, and it made this guy let out a scream like a slaughtered pig.

After all, the strength of an imp slave with bulging muscles was not something a good-for-nothing like Jordan, whose body had been ruined by wine, women, and drugs, could withstand.

Watching Jordan let out a shrill scream, his good brother Donnie not only had no intention of helping but instead subconsciously took a step back.

It was clear what kind of people Jordan's friends were. Cao Weicai waved his hand, let the imp slave release Jordan, and then said indifferently: "We are all civilized people, it is best to communicate in a civilized way, and you should know the rules of Wall Street, Mr. Jordan Belfort!"

"Since you lost, it means you aren't smart enough! Isn't it normal for people who aren't smart enough to be eaten clean on Wall Street?"

The intense pain allowed Jordan to regain some sanity; he stared fixedly at Cao Weicai and said: "If I'm finished, don't think you'll have it easy either!"

Cao Weicai spread his hands and said: "Suit yourself, Mr. Jordan. But don't forget, we at United Aerospace Capital are different from wild cards like you; we are one of the members of the California Consortium!"

Hearing Cao Weicai's words, Jordan was struck as if by lightning.

He had been too excited earlier and had forgotten that Chen Jiajun was no ordinary person.

One of the members of the California Consortium, the largest shareholder of Yahoo, the largest individual shareholder of Intel, and the largest shareholder of Netflix.

Almost every title was not something a third-rate character like Jordan could challenge.

As for making Chen Jiajun pay a price, that was even more of a joke.

If he angered Chen Jiajun, he could be made to vanish from the face of the earth that very day; one had to know that the Huaqing Gang that Chen Jiajun kept was no joke.

His net worth of tens of millions of dollars was not even enough for Chen Jiajun to buy a mansion on a whim.

Thinking of this, Jordan's face turned ashen.

He had treated those losers the same way before, and now the retribution had finally come.

Seeing Jordan's decadent appearance, Donnie stepped forward to support him.

Cao Weicai looked at the two of them indifferently and said: "If there's nothing else, I'll take my leave! Please feel free to do as you wish!"

Saying this, Cao Weicai didn't even look at them, turned around, and walked back into his office.

Jordan and Donnie could only leave with decadent expressions.

Since there was no turning point, Jordan began to ponder an escape route.

His assets in the United States were definitely not going to be saved; now he could only rely on the money deposited in the Swiss Bank.

Although that money was only around ten million, it was enough for him to make a comeback.

Unfortunately, good times didn't last; as soon as Jordan and Donnie returned home, the FBI had already come knocking.

They directly took Jordan into custody.

Because those Wall Street shareholders of SCAM had already started to go crazy.

They had racked their brains to snatch the shares of the SCAM company from United Aerospace Capital, and now they were worth less than toilet paper.

Seeing that SCAM had broken its issue price multiple times, falling from a high of nearly twenty dollars to one dollar and seventy cents now, it was considered quite restrained that these people hadn't hired hitmen to kill them.

Now, besides Xu Jiawei, the only people they were mainly looking for were Jordan Belfort.

Before the incident, Xu Jiawei had sold most of his shares to Jordan Belfort, and the rest had all been scattered through other channels.

Moreover, he himself had left the United States early and returned to Longkou; now that they wanted to find someone, they couldn't, so these people could only vent their anger on Jordan.

These Wall Street elites might not have other powers.

But they certainly had the ability to stop a guy like Jordan from fleeing abroad.

They reported directly to the FBI, and then the FBI came directly to the door.

The FBI had been in the middle of collecting evidence, but they didn't expect that Wall Street would send over complete evidence—even more detailed than what they had investigated themselves.

What else was there to say? Just go and arrest the people.

Jordan and Donnie were both stunned and were directly taken into custody by the FBI.

Although the evidence on the table was very unfavorable to the two, at least their assets had not been frozen yet, and they soon contacted a Lawyer and paid a sky-high bail to be released.

And Jordan, as the principal offender, was even fitted with an electronic ankle monitor by the FBI to be monitored.

Seeing that the situation was gone, fair-weather friends like Donnie began to leave themselves an escape route.

They didn't even hesitate to kick Jordan when he was down to save their own lives, even though they were all brought up by Jordan.

The following events had no suspense; the FBI directly indicted Jordan.

Coupled with the fact that his fair-weather friends were kicking him while he was down, Jordan had almost no chance to struggle.

His model wife, who possessed ducal blood, directly made off with the nearly ten million that Jordan had deposited in Switzerland.

With no other choice, Jordan could only cooperate with the FBI and, in turn, report his own subordinates.

This dog-eat-dog drama finally came to an end.

However, the storm surrounding SCAM was not yet over.

Some even went directly to Xu Jiawei on the other side of the ocean to demand an explanation from him.

Xu Jiawei appeared very innocent; the technology was what they wanted, the capital was what they provided, and the listing followed the prescribed procedures; he had not violated any regulations.

As for the issue of Shenzhoutong's technology being backward, Xu Jiawei frankly expressed his agreement.

The economy on the mainland is currently developing, and using technology like Shenzhoutong is a helpless necessity.

As for why the phenomenon of being unsuited to the local environment appeared in North America, it is because the markets of the two sides are vastly different.

Then, this ball was tossed back into the hands of those people on Wall Street.

Investment is inherently a risky business; who told you to act rashly without properly researching the market? This made those Wall Street representatives tremble with rage, yet they had absolutely no way to deal with Xu Jiawei.

They could not even sue Xu Jiawei.

So they could only slink away and swallow this bitter pill themselves.

At the California Consortium's cocktail party, Chen Jiajun and Cao Weicai arrived fashionably late.

Cao Weicai smiled and said to Chen Jiajun, "Boss, guess how much money we managed to get in total?"

"It has to be at least four or five hundred million dollars, right?" Chen Jiajun estimated and said.

Cao Weicai laughed loudly and said, "A full seven hundred and eighty million dollars! We made a killing this time! I really want to go and see the faces of those guys who were fighting over the project with us back then!"

Chen Jiajun sneered and said, "This is the United States; if you want to slap them in the face, just go up and do it. What are you afraid of?"

"Good!" Cao Weicai was suddenly full of spirit: "When the time comes, I'll also hold a cocktail party in New York and invite all those losers over to humiliate them properly!"

The two chatted and laughed as they walked toward the banquet hall.

Cao Weicai suddenly thought of something and said to Chen Jiajun, "Boss, we scammed so many people; did we end up scamming the people from the California Consortium as well?"

Chen Jiajun said with a calm expression, "Don't worry, they still have to thank us!"

"Really?" Cao Weicai said with a suspicious look.

It was no wonder Cao Weicai was overthinking it; after all, the losses caused by SCAM this time were quite terrifying.

Chen Jiajun smiled slightly and did not say anything more.

Soon, the two of them entering the venue attracted the attention of many, as Chen Jiajun had been too low-key, to the point that many in the California Consortium had not yet met him.

At this moment, some old white men holding wine glasses walked toward Chen Jiajun, their tones somewhat excited: "Chen, it is so good to see you again!"

"Ruifu, I am also very happy to see you!" Chen Jiajun greeted him with a smile.

The man named Ruifu shook hands with Chen Jiajun excitedly: "Chen, I really don't know how to express my gratitude to you; if it weren't for your advance warning, I would probably have been bankrupt by now!"

"It wasn't that serious, just a small matter!" Chen Jiajun waved his hand with a smile and said.

At this time, several other wealthy individuals joined in, hurriedly shaking hands with Chen Jiajun to express their gratitude.

They had all been warned by Chen Jiajun to varying degrees, which was why they had not fallen into the massive pit of the SCAM company.

Even those who had, their losses were very small and within an acceptable range.

When they learned that the SCAM company had collapsed, everyone was broken out in a cold sweat.

Therefore, seeing Chen Jiajun come today, they immediately offered their friendship.

Watching his boss become the focus of the cocktail party, Cao Weicai could not help but open his mouth wide.

He was even more impressed by his boss's foresight.

Not only did he ruthlessly scam Wall Street, but he also gained the friendship of the California Consortium.

This is simply killing two birds with one stone! (End of chapter)

◈

End of Chapter

Prev
Ch. 597 / 65491%
Next
Prev
Ch. 597 / 65491%
Next