I lost my vegetative state, and I became the richest man in the world

Chapter 933 Far more serious than imagined!

Historically, anyone who dared to embezzle bank deposits to invest in real estate, like Liao Baoshan of Liao Chuangxin Bank, died of a blood vessel burst, and Chinese-funded banks that dared to lure investors with high interest rates, eventually broke out in serious bank runs and banking crises.

Today, although Cai Chenzhou's Ten Faith has not exploded yet, it is already on the verge of explosion.

How did Cai Chenzhou deal with it in history?
After it was discovered in 1982 that Ten Trust’s loans seriously exceeded the deposit reserve, someone had already signed a letter to the Finance Department, suggesting that the Council of Ten Trust should be reorganized, and ordered Cai Chenzhou not to be the chairman of the council, but the signature should be submitted to the minister The office was returned, sent, and returned. After several twists and turns, the reorganization was finally over.

In March of the following year, it was discovered that the loan violations were even more excessive, and it was reported to the Ministry of Finance again, but there was still nothing to do there.

In April, Ten Faith’s lending became more and more rampant. The Taibei Finance Bureau proposed to the Ministry of Finance again. This time, it not only requested the reorganization of the Ten Faith Council, but also hoped to suspend the Ten Faith loan business and suggested that the Ministry of Finance send personnel to Ten Faith to correct the problem.

Relevant parties simply exposed the problem lightly under the pretext of stabilizing the financial situation. In the end, some Shixin employees couldn't stand it and sent a report letter to Mr. Jiang. Mr. Jiang was furious and ordered a thorough investigation of the matter.

At that time, the Premier of the Executive Committee, Yu Guoxuan, knew that the cooperative treasury was no longer credible. He was the president of the central bank, so on January 1985, 1, he contacted his former relatives and decided to form an investigation team with the central bank treasury unit. The next morning Launched a surprise inspection of seven branches of Ten Faith at the same time.

Originally, only a few people knew about this operation. Cai Chenzhou received the news on the day the plan was drawn up, and sent a gang of thirteen brothers to the residence of Qian Chun, the vice president of the central bank, to lobby overnight, hoping to cancel the operation the next day. Refused.

Although rumors of the operation leaked, because seven families were under investigation at the same time, it was too late for Cai Chenzhou to move money to remedy the situation, and Ten Faith's lies were completely exposed.

Cai Chenzhou knew that the deal was done, so he began to plan to escape with the money.

At the beginning, he told the competent authority that it was because a branch manager embezzled customers’ public funds a few years ago, causing a deficit of 2000 million yuan. In addition, the money in the long-term bonds of Guojin Plastics existed in Shixin, and these customers were worried about their own money. It was also embezzled, so the early termination of the contract caused insufficient capital turnover to cause discrepancies in the books. I hope that the competent authority will give a grace period to improve it, and I hope to raise one billion with the cooperative treasury to overcome this period of cash shortage.

Because the news of the financial inspection has been spread through the media. Although the news was not big at the time, a small number of customers began to move funds out. At this time, the Minister of Finance was replaced by Lu Runkang. Unable to get the money, which caused panic and a run, so they had to agree to cooperate with the treasury for financing, but the condition was that Ten Faith would not lend money to the outside world, and the amount was limited to paying depositors for cash withdrawals and coupon redemption. If violations were violated, financing would be stopped immediately.

Unexpectedly, the funds were not allocated until February 1985, 2, and Ten Faith released the money to spend one billion yuan, and asked for another billion yuan in financing.

On February 1985, 2, the treasury received a financing request for cooperation. The treasury knew that Ten Faith had breached the contract to make a loan, but it did not want to suddenly receive a call from the top of the Ministry of Finance to cancel the previously agreed lending restrictions and to ask the cooperative treasury to continue lending to Ten Faith.

于是1985年2月6日十信又获得十亿，但隔了一天又再申请十亿，到了1985年2月8日一共融资了30亿。

Dean Yu was devastated when he received the news, and the 30 billion yuan was lost. He could only urgently order Ten Faith to suspend business for three days, and quickly sent someone from the cooperative treasury to take over all the business of Ten Faith.

On the day of the resumption of operations on February 1985, 2, the doors of each branch were crowded with people early on, and every depositor was anxious to get the money out, fearing that they would not get the money in the end.

The money in the vault was empty, and the depositors began to clamor and panic. Fortunately, the person in charge quickly transferred money from the cooperative vault, and people calmed down again.

Where did the 30 billion go?

It turned out that in order to escape with the money, Cai Chenzhou found more heads of the Guoming Plastic Group to apply for loans, and sent his cronies within Shixin to quickly do the accounting and help him get the loans in batches. In this way, 30 people from the cooperative treasury Hundreds of millions of dollars went in with the left hand and out with the right, and finally went into Cai Chenzhou's pocket, and because of the wrong decision of the Ministry of Finance this time, the Minister of Finance Lu Runkun stepped down.

Cai Chenzhou failed to escape in the end, and the prosecutors had already located his whereabouts, and they took him into custody on March 3st with conclusive evidence of his crime.

Ten Faith has accumulated malpractices for a long time. The deposits in it exceeded tens of billions of Taiwan dollars and were emptied by Cai Chenzhou, which did not include the long-term bonds issued by Guojun Plastics. In order to make up for depositors’ money, the cooperative treasury had to merge Ten Faith. All his debts protect the interests of depositors.

However, only ordinary depositors are guaranteed protection. As for those who subscribed for the super-high interest bonds of Guoming Plastics, many of them will not return in the end.

The other properties of the Cai family in Guoming were also affected, and the Guoming Trust of the elder brother Cai Chennan also suffered a run. It was only with the support of the government that it managed to survive. Then, when the economy turned better, the assets under the trust soared. Festival.

However, Guoming Life Insurance, Lailai Hotel and other industries drew a clear line with Cai Chenzhou earlier. Uncle Cai Wanlin even scolded Cai Chenzhou very badly in the media, fearing that this would burn him.

Cai Chenzhou himself ended up very bleak, because he repeatedly traveled between courts and prisons, his body became sick from overwork, and he broke out with liver cancer.

But the general public didn't believe him, thinking that he was faking illness, so when he was admitted to the intensive care unit for treatment due to a liver cancer attack, a large number of people from all over Taibei City asked him to come out and face it.

When he was able to speak a little after the treatment, he was pushed to the court again.

In the end, he passed away on the way. Unexpectedly, the news of his death was considered by the public to be a fraudulent death. They demanded that his body be made public. In the end, a reporter sneaked into the morgue to take pictures of his final appearance. , the Ten Faith case is over.

but.

In history, did Cai Chenzhou really cheat his death?
Yang Ming felt that with the status, influence and wealth of the Cai family in Wanwan, and even with Cai Chenzhou's own network, there was such a possibility.

However, the odds are not high.

In other words, Cai Chenzhou should have died in prison in history, and his end was very miserable.

Today, the ten-faith run crisis has not yet broken out, which means it can still be saved.

Ten Faith is now in debt of tens of billions.

Although it is a new moss coin, it was a lot of money in 1984.

It is impossible for Cai Chenzhou and the Cai family to easily ask Yang Ming and the Imperial Group to help.

Yang Ming knew that Cai Chenzhou had embezzled a lot of Ten Faith's assets and entered the real estate industry.

Wanwan's real estate prices began to skyrocket only after 1987.

In other words, if in history, Cai Chenzhou and Shixin could not break out until after 1987, perhaps Cai Chenzhou's situation is better.

However, there is no if.

Cai Chenzhou talked for a long time, and even revealed some secrets, in order to gain Yang Ming's trust.

After Yang Ming finished listening, he didn't say a word, but just looked into the distance.

This made Cai Chenzhou a little worried.

　Chapter 4!

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(End of this chapter)