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Chapter 1223 Ponzi Scheme(1/2)

When Zhou Buqi engages in private equity, he targets the elites of the upper class. To do this, he has to rely on extremely attractive fund rules and the endorsement of Goldman Sachs.

But some people don't need to.

For example, the famous Bernard Madoff.

He is a well-known financial investor on Wall Street. His investment career has been almost 50 years and he is definitely a highly respected veteran.

He does private equity and never explains his investment strategy. He likes to invest, and he will lose if he doesn't. No one knows what kind of financial operations he has, and even the regulators are confused... and they don't dare to ask more questions or offend him.

This great god only knows that social elites are eager to entrust their money to him to manage.

However, under the financial crisis, his life was not easy.

Some people withdrew their capital because of financial difficulties; some people also withdrew their capital because they saw an opportunity to buy at the bottom and thought there were better investment targets.

At lunch that day, he told his second son, Andrew, “This year’s dividends will be paid in advance.”

"Why?" Andrew was very surprised, "It's still early, it's the beginning of November."

Mr. Madoff Sr. was silent for a long time, "Large customers in the Middle East want to redeem their US$7 billion investment, which will cause a capital turnover problem."

Andrew was puzzled, "Does this have anything to do with the distribution of this year's bonus?"

Madoff's answer was not exactly what was asked. "Recently, a Chinese guy named Zhou Buqi came out. He has launched a fund project and the conditions he offered are very attractive. As far as I know, many Middle Eastern clients have already targeted him."

"ah?"

Andrew was a little confused.

How can a brat compare to you?

Although Madoff was old, he was in excellent health. He cut the beef skillfully. He glanced up at his son and said softly: "Look for a chance to get to know Mr. Zhou later, and then introduce him to the customers in Palm Beach to establish a personal relationship."

.”

Palm Beach refers to the Palm Beach Club, which is only open to Jews and has an annual fee of US$300,000. It is the top Jewish organization in the United States. Madoff is a celebrity of this Jewish organization.

Andrew was very anxious, "Father, you haven't told me the reason yet!"

Madoff hunched over his lunch and refused to answer.

"Father!"

"Let's go to the study room to talk later."

Half an hour later, Andrew suffered a heart attack after listening to his old father's words.



Las Vegas.

Xue Baoshan was wearing a blue backless evening dress and a casual suit jacket, and returned to the room slightly tired.

The first thing is slippers.

What she is worst at is wearing high heels.

"Baoshan, you're back." Sun Wanran walked over with a smile and looked around, "Huh? Where's Zhou Buqi?"

Xue Baoshan said softly: "I have something to do at the moment. He is talking to someone behind the scenes. He will be back soon. Hmm? Where are they?"

"The game is not over yet." Sun Wanran pouted, "Those little stars are really amazing. Each of them has 10,000 U.S. dollars in chips. Together, the three of them probably won more than 100,000 U.S. dollars."

Xue Baoshan couldn't help laughing, "What about you? You lost everything and you came back?"

This is the MGM Grand Hotel, with casinos, restaurants, and shows downstairs, and guest rooms upstairs. It’s very convenient.

Sun Wanran's face turned slightly red, "I just don't find it interesting."

"Let Sister Linlin bring them back. What time is it?"

"Oh, I'll make a phone call."

Sun Wanran called and asked curiously: "How was your harvest today?"

Xue Baoshan pursed her lips and said: "It's good. There are a lot of rich people here. Many of them have raised US$50 million or US$100 million at a time. It is estimated that at least US$1.5 billion has been raised tonight."

"5.6 billion plus 1.5 billion...then isn't the US$10 billion quota almost full?"

"yes."

"It's amazing!"

Sun Wanran was inexplicably amazed.

Xue Baoshan said with a smile: "Classmate Zhou said we need to make a quick decision and seize the time. The signals of quantitative easing have been released, and the stock market will definitely go higher next. We need to raise funds quickly and invest in them while the stock price is low.

By December, technology stocks may collectively recover."

Sun Wanran found it difficult to understand, and shook his head slightly, "It's really hard to understand him sometimes, and I don't know where the confidence comes from."

Xue Baoshan pursed her lips and said softly: "Believe him, it's always right."

"Um."

Sun Wanran sighed in his heart.

No wonder this junior high school classmate dotes on Miss Bao so much. She has such a docile personality. I guess I will never be as well-behaved and gentle as her in my life.

At this time, Zhou Buqi came back.

Sun Wanran ran over to open the door. As soon as they saw him, he pouted, "Zhou Buqi, I've lost all my money."

Zhou Buqi laughed, went over to hold her in his arms, and kissed her for half a minute, "Nine times out of ten you lose, it's not surprising if you lose, but it's strange if you win."

Sun Wanran was a little embarrassed and whispered in his ear: "I lost all the 10,000 U.S. dollars in chips I promised, and secretly exchanged them for another 50,000 U.S. dollars, and lost them all again. Don't tell them.

"

Zhou Buqi was angry and funny. He glared at her and said, "Don't do this next time!"

"Well!" Sun Wanran smiled sweetly and felt relieved, "Why did you let Baoshan come back alone first? Aren't you afraid that she would meet bad people?"

Zhou Buqi sighed, "Something happened temporarily and I was shocked."

"What's wrong?"

Sun Wanran looked very cautious. Xue Baoshan, who was sitting on the sofa and rubbing her feet, also raised her head and looked over, her beautiful eyes filled with worry.

Zhou Buqi walked over, holding their little hands one by one, and said with a smile: "There is a big private equity guy who has made a thunderstorm, which may be a good thing for us."

Sun Wanran was more lively and not as quiet and calm as Xue Baoshan. She hurriedly asked in a coquettish voice: "Why is there a thunderstorm? The performance losses are terrible?"

Zhou Buqi said: "Not only is the performance miserable? It involves financial fraud, the total scale may be 50 billion US dollars, or 60 billion US dollars!"

"ah?"

Sun Wanran was stunned, and Xue Baoshan also covered her mouth and whispered softly, looking incredulous.

Zhou Buqi further explained, "There was a big star in the Wall Street investment circle named Bernard Madoff, who was reported by his son. I said why did Madoff sound so familiar to me? He turned out to be a big liar. He was playing tricks

It’s a Ponzi scheme. Alas, the reputation is so burdensome! What a pity!”

Sun Wanran knelt down on the sofa and held his arm, like a curious baby. Since it had nothing to do with her man, it would be easy to handle. She smiled and said, "What's going on?"

Zhou Buqi shook his head, "I don't know the specifics. I just chatted with them for ten minutes. It should probably be because his past resume was too successful. Nasdaq was a small market at the beginning, far behind the New York Stock Exchange.

After he became the chairman of Nasdaq, he promoted a series of reform measures and developed Nasdaq into a trading place as famous as the New York Stock Exchange. After he became famous, he retired and specialized in private equity, which happened to encounter the bubble crisis."

Sun Wanran graduated from Zhongcai Finance, majoring in economics. He blinked and said thoughtfully: "So he is worried that the loss of the fund will damage his reputation, so he can only fake it and use the principal to pretend to be dividends? It became

Ponzi scheme?”

Zhou Buqi nodded, "That's what it sounds like. When he retired to do private equity, he promised that his fund would not lose money. This was guaranteed by his lifelong reputation, but he lost money right after he started doing it.

You can only play a Ponzi scheme."

Sun Wanran said with emotion: "This is because I was overwhelmed by my personal reputation, but I still have a spirit of contract."

"This is financial fraud, it's illegal, and it's still in the spirit of a contract." Zhou Buqi laughed and waved his hand, "Anyway, it's a good thing for us. It is said that the tycoons in the Middle East withdrew billions of dollars from him.

, let him reveal his secret immediately."

"Withdraw capital?" Sun Wanran raised an eyebrow and immediately reacted, "Withdraw capital from you?"

Zhou Buqi snorted, "What do you think? I worked hard all over the United States to meet various investors. One of the most important reasons is to put up a golden sign! This is the brand and the guarantee of credibility.

Do you think the rich people in the Middle East will be moved, will they cry, shout, kneel and shout to give me money?"

Sun Wanran looked suspicious, "But the quota is almost full."

Zhou Buqi said: "Building a brand through American elites, even if you really lose money, it doesn't matter. It will be treated as advertising fees, and it will be treated as bribes to build relationships. If you want to really make big money, you still have to steal from the tycoons of the Middle East!"

"I see!"

This time, Sun Wanran finally understood his overall idea.

The current Pluto Capital is only the first phase of the fund!

The purpose of the first phase of the fund is to get acquainted with the elites of the American upper class, and through this group, to build the brand of Pluto Capital and complete the bundling of interests.

The next tycoons in the Middle East will be the big harvesters!

Harvesting the Middle Eastern tycoons is the consensus of the whole world. No matter how much money is made from them, no one can say anything.
To be continued...
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