Reborn 80s

Chapter 111 Scam
Lin Qiu laughed, so it is said that talented players have a greater advantage than those who work hard the day after tomorrow.

If I hadn't seen this old case on the Internet, if she was asked to refer to whether the "Jianqing" project is worth investing in, I'm afraid she would also be recruited.

The "Jianqing" fraud and illegal fund-raising case was an illegal fund-raising fraud case with a great influence and a bad nature in the early 90s!It was not until the beginning of the 21st century that the boss of "Jianqing" was caught.

At that time, the Internet, TV and newspapers were overwhelmingly promoting this case, and Lin Qiu certainly knew the whole story.

The brand "Jianqing" can be said to be the first company to produce health care products in China.

Speaking of which, this company really has a vision. At that time, Chinese people had just started to have a little money, and they were able to get in touch with the so-called concepts of nutrition, balance, and health.

But it was just contact, or hearing, that there was basically no concept of healthy lifestyle and health preservation at that time, and this company seized this opportunity.

Packaging one's own products to represent a healthy, active, and high-end lifestyle aroused a fad among people with spending power at that time.

And this company has really made health care products for several years in a down-to-earth manner.

They are all products launched after honestly contacting Chinese medicine factories for joint development.Not to mention the outstanding curative effect, it is always worthy of its own promotional words.

But one year later, because the product development was too fast and the initial investment was too much, the product was not sold in time, and his family's capital chain was almost broken.

At that time, for product development, I had already borrowed a lot of money from the bank. The bank's virtue of borrowing umbrellas on sunny days and taking them away on rainy days, seeing that the family's repayment ability could not be guaranteed, would not give him a penny.

The boss of "Jianqing" is surnamed Chen. He is a tough guy who refuses to admit defeat.

With a straight face, he went around to lobby various companies in the city at that time, asking them to inject capital or lend him money.

At that time, he suffered a lot of cold eyes and ridicule, and some people even said to him, "Where should Jianqing make capsules, print a large truckload of scriptures, and ask my boss to come out every day for alms."

Boss Chen never gave up until someone with vision gave him 80 yuan to revitalize his business.

At that time, the two agreed to expire in one year, and after the expiration, "Jianqing" would give 30.00% of its profits to investors.

And "Jianqing" really lived up to the pressure. In the second year, it withstood the pressure, and the net profit actually reached 500 million, so the investor made a net profit of 90.

This made him very happy, and he advertised everywhere that this was the most satisfying investment he had made, simple and direct with high returns.

In the second year, a boss actually asked Boss Chen if he needed investment.

At that time, Boss Chen was ambitious and wanted to expand production, so he accepted all these investments, promising a return on investment of about 15.00% of the investment amount.

By the end of the year, Boss Chen really returned all the investment income to the investment bosses on time and in the amount.

In the following year, more investments poured in, and Boss Chen accepted all of them, and the subsequent story became clear.

When Boss Chen found that he didn't have to produce anything, and a large amount of money poured into his company every year, he gradually stopped paying attention to the production of health care products.

In the end, it can only rely on absorbing more investment to pay the principal and interest of investors in the previous year, which has become a typical Ponzi scheme of illegal fundraising and fraud.

When the matter came to light, "Jianqing" actually attracted tens of millions of investment. Boss Chen fled overnight with the money before the police arrested him. The investigation and pursuit of economic crimes back then were far less advanced than later technology. Living with impunity into the early 21st century.

It can be said that at that time, a group of honest business people were pitted.

If Lin Qiu hadn't seen the advertisement in the newspaper, she really wouldn't have remembered such a thing as "Jianqing".

Counting the days, "Jianqing" should be absorbing the last round of investment, and then it was exposed immediately, causing the police to file a case for investigation and pursuit.

With Lin Qiu's smile, Lin Youfu felt baffled, why did he suddenly lose his nerve after having a good chat?
Lin Youfu said with some puzzlement, "What's the matter, is what I said so unreliable? Qiu'er, you are laughing like this."

Lin Qiu quickly shook his head, "Don't, second brother, don't get me wrong, I don't think you are unreliable, I think what you say is too reliable. How can you be so accurate."

After finishing speaking, Lin Qiu changed a serious face and said to Lin Youfu, "Brother, the investment project of the Jianqing brand is really untouchable. There will be problems soon. Don't step into the mud at this time."

Lin Youfu blinked, "What's the matter? That day you had a red mouth and white teeth, and your brother said that Jianqing can be invested in, and it's a good investment project. Are you just walking with me?"

Lin Qiuwan waved his hand indifferently, "Second Brother, I didn't say that for you. If I only want to tell you those few words, what am I going to do when I come back today?"

Lin Youfu looked at Lin Qiu in surprise, "It's not for me...then who is it for..."

After saying this, he suddenly realized, "Did you ask your classmate to tell Shen Pei?"

Lin Qiu nodded, expressing that it was indeed as he thought.

"Then according to Qiu'er, Jianqing is going to have a problem soon?"

"Well, I'm not sure, but it should be within half a year." Lin Qiu is not very good at remembering the exact date, she can only be sure about this time.

Lin Youfu frowned, "Qiu'er, why are you so sure that Jianqing will collapse? I knew this project was one of the best projects in the investment circle in our city, and many people are rushing to get involved."

Lin Qiu smiled, "I looked at it. In the early years, Jianqing used traditional Chinese medicine factories to jointly develop and produce products. In recent years, even the traditional Chinese medicine factories we cooperated with in the early years have not received any business from Jianqing. I haven't heard that his family has set up a production factory by themselves, you said, where did Mr. Chen spend all the money?"

Lin Youfu opened his mouth, and said in shock, "You said that Jianqing has no products for so many years?! Just fooling these people into investing in him to make a living."

Lin Qiu nodded, feeling that his second brother's summary was very concise and in place, "Yes, anyway, people who invest a lot are stupid and have a lot of money."

(End of this chapter)