In name only: The land of Handong, I shall rule its fate.

Seeing Lu Yangshan's reaction, and then looking at Governor Liu and Fang Denggao's silence.

I don't know why.

Lin Zhiyuan almost laughed, and even accepted it with a sense of calm, as if he was used to seeing Han University make a big mess.

"What's the reason?"

Lin Zhiyuan asked the questions as usual.

"According to the clues provided by Principal Qin, the rapid spread in other universities was due to students acting as proxies, while at Han University it was because the proxies were teachers."

Lu Yangshan added, "Several teachers in the logistics department have a lot of information about the students' financial situations. They initially gained the students' trust by offering financial assistance under the pretext of caring about their living conditions. Later, they recommended small loans and installment payment platforms to the students, claiming that they did not have enough money to take care of so many students."

"This was discovered when Principal Qin was on a night patrol of the school and found out that a student was contemplating suicide by the lake."

"No one noticed it in the early stages?"

Lin Zhiyuan scoffed and retorted, "With such a large-scale on-the-ground promotion, are the school's management deaf or blind, or simply letting things run rampant? Is the fact that they're reporting it now an attempt to correct the situation or do they feel they can't cover it up anymore and need the provincial party committee and government to clean up their mess?"

"It's only been a few days since I last visited Hanzhong University of Science and Technology? What are you, the vice governor in charge, doing?"

Lu Yangshan was covered in sweat, wiping his face repeatedly.

"First, using financial licenses as a guide, we will investigate installment platforms involved in business within Handong Province. Those without licenses will be investigated and dealt with. For those with licenses, the Financial Affairs Office will lead the People's Bank of China, the Banking Regulatory Commission, the Market Supervision Administration, and the Public Security Bureau to handle existing violations, especially installment contracts, which must not contain any ambiguities or hidden fees."

The Administration for Industry and Commerce shall supervise and prohibit any illegal collection of information, false advertising, improper push notifications, or illegal interest collection.

The individuals and entities involved in the case will be subject to judicial proceedings for review.

Second, the Department of Education, in conjunction with the Provincial Publicity Department, promptly dispatched cadres to major universities to conduct legal education and broadcast educational videos.

During the education rectification, students in difficulty are guided to report information voluntarily, and the actual situation of students is monitored through background data. However, students must not be forced in any form. Timely psychological counseling is provided to students who volunteer.

Fourth, immediately investigate and punish installment payment agents both inside and outside the school. Teachers, school staff, and department-level agents should all be subject to legal proceedings, dismissed from their positions and expelled from school, and sent for trial. For student agents, investigate their actual knowledge of the scheme; those who knowingly violated the rules should be severely punished, while others should be subject to disciplinary action and education.

"A special investigation team has been established in response to this situation, with Deng Gao as the team leader, leading all relevant units to work together on the case. Yang Shan and Education Department Director Wang Shi serve as deputy team leaders, and all university presidents have joined the team."

Lin Zhiyuan looked at the two of them and said in a deep voice.

"good!"

Fang Denggao responded, then glared at Lu Yangshan. This guy only knows how to cause him trouble; he's already busy to death.

Lu Yangshan's vision went black again and again.

As the vice governor of the province, he has offended the second and third-in-commands, and the top leader on the other side is also looking displeased. Is there any hope for his future?

"Comrade Wenbin, what about you? Are you also dealing with financial loans?"

Lin Zhiyuan looked at the chubby boy in the corner.

"Yes, Executive Director Lin."

Bao Wenbin glanced disdainfully at his former comrade-in-arms, then puffed out his chest confidently. "Microloans have grown wildly and unchecked in the past two years, not only affecting students on campuses, but also severely impacting some rural areas, though few people are paying attention."

Lin Zhiyuan's eyes were strange.

He saw no shame in Bao Wenbin for his dereliction of duty, but rather a great deal of pride, like a rooster that had won a battle. "And the types of loans he touched were all kinds of things, such as those shady loans, salary credit loans, mortgage loans, and micro-enterprise operating loans, and the manifestations in Hanbei and Hannan were completely different."

Tell me!

Lin Zhiyuan became interested.

"Ahem, the methods used in Hanbei are relatively crude. Take Xianzhou, where it is most prevalent, as an example. There is a village called Houyi Village, which actually originated from campus loans."

"After the village party secretary's mentally challenged son entered university, he felt he didn't have enough money, so he became one of the first people to take out shady loans. He was shameless and never thought about repaying them. After getting a taste of success with his first loan, he simply repeated the same method with other micro-loan companies, and also took advantage of several installment platforms and regular student loans. Later, perhaps fearing trouble, he ran back to his hometown."

"The village party secretary thought his son was just being lazy and gave him a loving lesson with Seven Wolves cigarettes, which made his silly son confess everything."

At first, the village secretary didn't believe it, so he asked his son to try it again, and the money came in again.

Houyi Village was very poor. When the village secretary saw that money could be made by simply operating a few buttons on a mobile phone, it seemed like a windfall. So he led all 800-plus villagers to take advantage of the opportunity, earning over 50,000 yuan per person, and each family could make over 100,000 to 200,000 yuan.

That simple-minded son isn't good at studying, but he's incredibly clever in this area. Now that the whole village is protecting him, he's incredibly bold. He led every household to the city to buy cars on installment, and then mortgaged the cars again. He used the money from the mortgages and his remaining savings to pay the down payment for a house, and then mortgaged the house again.

The village party secretary, who was also a shareholder, helped villagers open several rural collective breeding farms, and then used these farms to mortgage another batch of assets.

That wasn't all. The foolish son then borrowed documents from several neighboring villages and used the false information to take out a series of loans.

Now, every family in Houyi Village owns a villa, drives a luxury car, and even has property in the city. The loan company sensed something was wrong and sent a debt collection team to harass them, only to be beaten and hospitalized.

"In the Hannan area, Tongzhou is the leader. There have been many households affected by collective demolition in the past two years. However, they are not shameless. They simply mortgaged their demolished houses to obtain large amounts of cash. Then they used this money to speculate on real estate everywhere. Now they are known as the three major real estate speculation groups along with Shanghai and Donghai."

They rose to become VIPs of real estate developers, but a scourge on ordinary homebuyers.

Liu Changsheng rubbed his forehead.

This wasn't the first time he'd heard this story, but hearing it again still gave him a headache and even a hint of amusement, completely overturning his impression of honest and simple rural people.

Talent!

They're all incredibly talented!

How fortunate Handong is to have them! But when he looked up and saw the smug Bao Wenbin, his headache only got worse.

What are you so smug about?

Where do microloan companies get their money? It comes from merchants with large amounts of idle funds, bank loans, P2P platform companies, and even illicit income.

Let's leave the last one aside for now.

Why not just leave the other money unpaid? In reality, one group of people benefits while another loses, and in the end, it's just one mess after another.

Who will bail us out?

It's all because of our own provincial government, that unlucky guy.