American Ranch

Chapter 374

Lovely Ranch Chen Mo spent 6 million.

The current market conditions are not good. Chen Mo bought the cute ranch because he was happy and willing to buy it...

Actually Lovely Ranch is not worth the money.But considering the integrity of the ranch, if the economy is booming, the ranch will be split up and sold... it will be worth about 6 million.

What is valuable is that Osson City has become a 'development zone', and Cohen is also promoting it, as well as Stephen's lawyer behind the scenes, the consultant lawyer hired by Valley Ranch.Chen Mo obtained a series of approvals in advance before the city planning was released... But these approvals, together with the land obtained in Oshen City...

20 billion...

Chen Mo looked at Cohen: "The lovely ranch plus the investment projects here, can it be worth 20 billion?"

The principal that Chen Mo took out was about 11 billion US dollars.This change of hands made a net profit of 9 million?
Cohen spread his hands: "What 20 billion, but the account has 5 million cash. It's only 15 billion."

"Close to 4 acres of land, construction permits for more than 4000 houses, two large resorts, a commercial planning area... 15 billion dollars to buy the lovely ranch and the project under its name. It is definitely not worthwhile for a short-term investment, but as a long-term investment, It’s highly operable.”

Cohen closed the office door and sat opposite Chen Mo: "Large investment companies and large fund companies manage billions, tens of billions, or even hundreds of billions of funds. How can these companies guarantee to make money? There will also be some invisible operations, that is, operations that are not allowed by the China Securities Regulatory Commission. For them, the construction of the Oshen area may not need to make money from outside, and it is enough to make their own money .”

money laundering...

The lovely ranch has a high development value because it is connected into a whole piece of land.

Then there is the news from Osson City. A city is planned in Oshen City. This is a long-term development plan... It will take three, five, or even ten years to complete.For such a long time, a lot of money can be laundered.

During the financial crisis, Chen Mo earned more than 15 billion. According to the normal process, Chen Mo needs to pay [-] billion US dollars in income tax.

Wells Fargo's 33 billion tax avoidance for Chen Mo is an abnormal operation.If it weren't for the special period, the bank might not have accepted this order...Chen Mo has earned more than four billion yuan, and Garrison Investment Company and the consortium behind it, how many billion yuan have they earned?

Since the financial crisis, the U.S. stock market has lost $11.05 trillion, according to the latest statistics.

The evaporated money, first, falls into the hands of those who cash out and leave the market, and second, it will come back during the cycle.Third, it is swept away by inflation.

Those who look at the right time and buy short have made a lot of money during the financial crisis.The Garrison Consortium started preparations in January last year. How much money they have made and how much money they have can't be revealed. They must know it themselves.

They just need a big project right now to absorb the money.

This is not just a problem faced by Garrison. Other investment companies that are unwilling to pay huge income taxes also face this problem.

Chen Mo hasn't had enough fun in Hawaii yet, and now, the cute ranch that was finally neatly organized was sold off.

The next morning, Garrison brought his lawyer over in person, and Chen Mo also contacted a team of lawyers. The whole lovely ranch and the business under the name of the cute ranch were all packaged and sold... Eisenberg was very angry when he heard the news Hang did not vomit blood.But in fact, Garrison has taken over the business here, and he must start to develop it, or else there will be long grass.

8 million offshore funds, this is a dark money, not written in the contract.Instead, the money was directly transferred to Chen Mo's personal offshore company account, which was the account of HSBC Bank, and was not transferred back to China.

For the 8 million US dollars, Chen Mo won't be able to use it for the time being, so he doesn't need to pay taxes...maybe he won't need to pay taxes in the future.

As for the other 12 billion, 11 billion is the investment principal.

Part of the investment capital is after-tax money, and part is bank loans... In order to win the cute ranch and subsequent investment projects, Chen Mo borrowed a total of more than 7 million US dollars.

Chen Mo also owes nearly 10 billion dollars to the bank...

To pay or not to pay, that is the question.

"Boss, all the properties here are sold, what do you plan to do next?" Cohen was thinking about where to send his yacht next.

"I haven't thought about it yet." Chen Mo scratched his head: "I'll leave the matter of moving to you. Aston Martin one77, two Martin convertibles, and the big G will all be sent back to Valley Ranch in California."

"Hmm... where's the yacht?"

"Your boat, sell it directly. This business is good, and I will give you a yacht later. As for my Riva 38, I checked it online and it seems that it is difficult to buy. I will send it to Hawaii first. The warehouse is stored. By the way, where is the key to the No. 7 warehouse at Hilo Wharf?" Chen Mo said: "Give it to me."

"It's in the office safe, go get it now?"

"Ah."

The mechanical equipment and pasture seeds ordered by Lovely Ranch have already been delivered and stored in the warehouse at Hilo Port.

After getting the key to the warehouse, Chen Mo took the Aston Martin one77 and went straight to Hilo. After driving the one77 a few times, Chen Mo didn't want to drive a pickup or a big G because the distance was a bit far, and the GT sports car was comfortable at first.

When we arrived at the port warehouse, it was almost dark.Chen Mo found the warehouse manager and asked him to take Chen Mo to the No. 7 warehouse, and then went in alone, closed the warehouse door, and after making sure that there were no cameras in the warehouse...then began to 'check' the goods.

Opening one container after another, using the portable space as an intermediary, it took a total of ten minutes to replace all the grass.Then find a freight company and send these things back to San Francisco...

Busy with the follow-up handover work of the cute ranch until the end of the month, Bai Xiaoou called and asked Chen Mo to go back to eat Baixue's full moon wine.

I bought the cute ranch, and I have used it for a total of 3 months.

The acquisition of Lovely Ranch started in November. To be precise, it took less than three months for Chen Mo to make a lot of trouble. Although the original plan was disrupted, he made a net profit of nearly 11 million US dollars.It's unbelievable to think about it now, but it was done.

Ai Li and Chen Xiao had a great time in Hainan, traveling, looking at houses, and bargaining... Now there are a few fancy villas, and they are going through some procedures, trying to get Chen Mo and his family to go to Hainan for vacation during the Chinese New Year, so that they can live by themselves villa.

With a villa, there must be a yacht... Bai Xiaoou's daughter's full moon wine and the others will not come.Only Chen Mo and Cohen went to Napa by private plane...

(End of this chapter)