Korean TV series: King of Peninsula 1997

Chapter 610: Catching Cho Tae-seop’s Tail
"I understand what you mean."

Seeing that Wu Yongzhu was unmoved, Jin Xiyu also became anxious. "You took out a loan when you purchased the real estate. If your mortgage interest rate is raised to the highest level, to a level that you can't afford at all, when you can't pay back the loan, those properties will be auctioned at a low price."

"And then they can buy those at a low price, put them on the auction market, and bankrupt you."

Wu Yongzhu listened to this and found it a little funny.

"You are taking out a loan from Peninsula Bank. The bank is going to undergo a consolidation process recently. DH Financial Holdings has funds from Japan, so it would be a piece of cake for them to acquire Peninsula Bank."

"And there are political forces behind them, so everything is done in a seemingly legal manner."

"You're actually eyeing an old man's real estate," Wu Yongzhu narrowed his eyes and laughed out of anger.

"After all, they know the value of those lands."

“Well,” Oh Yong-su smiled, “it seems the result is obvious.”

He drank half a bowl of white wine slowly and said, "Does it have to be sold immediately?"

"Yes, and it must be done at the time of transfer."

"Why?" Wu Yongzhu asked.

"They have already targeted you and will be monitoring your cash flow at all times. If they find out that you are selling real estate, they will..."

"They definitely won't just sit there and do nothing," said Oh Yong-soo.

"I don't know what they will do. DH Financial Holdings started out as a loan shark."

"You mean they're going to kidnap me?"

“You could be jailed so you can’t pay back your loan.”

"You've already saved someone's life," Wu Yongzhu laughed. On the day he met Jin Xiyu, Jin Xiyu helped him deal with a man who wanted to commit suicide in a foreclosed house. "Now you want to save my life?"

"Hehehe" Wu Yongzhu smiled and finished the wine in the bowl.

Jin Xiyu lowered his head and thought, in his previous life, Zhao Taixie made huge profits by speculating in real estate, and used his influence in the financial street to seize the property of people like Wu Yongzhu, and several big figures suffered heavy losses because of this.
"You should know the Golden Gate Group. How about selling it to them?"

"?" Jin Xiyu stopped thinking in confusion and looked up.

This was not within his scope of thought.

"Do you know how the Kinmen Group became rich?" Wu Yongzhu smiled.

"I heard it was" Jin Xiyu paused, "gangsters."

"Yes," Wu Yongzhu shrugged, "The four most powerful gangs on the Korean Peninsula have united together."

"Then do you know Jiangnan Industry?"

Jin Xiyu frowned and shook his head.

"Jiangnan Industry is the name of the company of Jiangnan Club," Wu Yongzhu smiled. "When I worked at Jiangnan Industry, its president was called..."

"Li You."

"Li You," Jin Xiyu repeated, and his eyes were shocked when he looked over again.

"The chairman of the Golden Gate Group?"

Wu Yongzhu nodded and put away his smile.

Jin Xiyu was confused and didn't know how to proceed.

In his previous life, he was the most upright prosecutor, but he became a frequent flyer because of his tough confrontation with Cho Tae-seop.

In this life, he planned to change his thinking, penetrate the enemy and disintegrate their organization from within.

But this presents a huge problem: the Kinmen Group is a huge butterfly that covers the sky and the sun on the Korean Peninsula, and the butterfly effect it brings is too great. The enemy of my enemy is my friend?
Jin Xiyu asked himself this question, but he couldn't get a positive answer to this question. According to what he had learned in recent days, the Kinmen Group was not a good group either.

He started out as a gangster, bribed a large number of prosecutors, and manipulated various elections, big and small.
Wu Yongzhu saw that Jin Xiyu's face was uncertain, so he poured him a small bowl of Makgeolli and said, "Don't think that the Jinmen Group is so bad, and don't think that Li You is so bad."

Jin Xiyu was called out of his thoughts by him and looked at Wu Yongzhu with some curiosity.

Wu Yongzhu did not give a long speech to try to subvert his ideas, but simply told Wu Yongzhu about the deal he had made with Li You.

"So you worked for Jiangnan Industrial for a few years, and when you retired, he returned all the properties you had brought with you."

“Not really,” Wu Yongzhu said with a smile, “He paid me. I also bought a lot of land while I was working, so I will have a lot more land when I retire.”

Jin Xiyu nodded thoughtfully.

"There have been many things like that before," Wu Yongzhu persuaded Jin Xiyu, "like "The Crucible", gangsters are not necessarily bad people, right?"

"Jin Xiyu is in contact with Mr. Wu." Li You smiled, "It's not a bad thing."

"We can't find out what they talked about," Quan Jae-joon lowered his head.

"I didn't expect that the surveillance of Jin Xiyu could also see news about our old friend Wu Lao," Li You patted Quan Zaijun's shoulder, "How is he?"

"I'm still in good health," Quan Zaijun paused, "I've been doing the auction house business."

"That's how Jin Xiyu met him, too."

"Foreign auction house" Li You nodded.

It was nothing more than Oh Yong-soo using his brain to bid for properties that would be in "good locations" in the future in court, and then selling them at high prices.

What Kim Hee-woo can do is the same as in the original work, which is to help Oh Yong-soo get rid of the original residents who refuse to leave the foreclosed house.

After a brief report, Jeon Jae-jun did not disturb Li You anymore and quickly bowed and left.

Not long after, Wu Yongzhu called Li You.

"Mr. Wu," Li You leaned back in his chair, "It's been a while since we last contacted each other."

"After I retired, Chairman Lee also paid me my pension on time," Wu Yongzhu glanced at Kim Hee-woo in front of him and put on a smile, "I'm really sorry that I haven't thanked Chairman Lee for taking care of me over the years."

"What are you talking about?" Li You said lightly, "Mr. Wu helped me a lot when I was at Jiangnan Industrial and laid a good foundation for Kinmen Real Estate. All this is thanks to Mr. Wu."

"It is easy to get thousands of soldiers, but it is hard to get a general."

Wu Yongzhu stopped talking and finally got down to business. "I called Chairman Li today. There's something else."

After explaining what happened to him, Li You raised his eyebrows and asked, "Did this Seoul university student tell you this?"

"Yes," Wu Yongshu nodded.

"Political forces are involved," Li You said calmly, "DH Financial Holdings is where Cho Tae-seop stores a lot of political black money. It seems that Cho Tae-seop has set his eyes on Mr. Wu's property."

"Cho Tae-seop" Wu Yong-soo looked at Jin Xiyu and saw that he also looked uneasy.

"Then President Li, do you have any good ideas?"

After a brief pause, Li You laughed out loud, "Leave it to me. I also have a score to settle with Zhao Taixie."

"Okay," Wu Yongzhu wanted to sell his property to Li You at a low price, but Li You refused this business that could earn him hundreds of billions of profits.

"Don't worry, Mr. Wu," Li You said with a smile, "When you have time, you can bring that young talent to meet you."

After hanging up the phone, Li You smiled.

It turns out that Kim Hee-woo is Zhao Tae-seop's lifelong enemy. He is just a student, but he can find such a big handle on Zhao Tae-seop.

(End of this chapter)