In name only: The land of Handong, I shall rule its fate.
Chapter 385 Still Talking Even When Facing Death
This call.
It was no less than a grand military review by the King of Hell; everyone's eyes, whether they wanted to or not, turned to the left side of the first row of company leaders.
Ok?
Many people belatedly discovered that Zhu Yongchang, the big boss of Black Gold Wealth, was sitting in the middle left of seat 42 in the first row.
The positions were not randomly arranged.
The first row is mostly state-owned enterprises and leading joint ventures, foreign-invested enterprises, and private enterprises. However, Zhu Yongchang of Heijin not only rose to the top, but strictly speaking, he was ranked seventh.
They knew the Ling Chamber of Commerce was developing rapidly and had support behind it, but this was too fast.
It's definitely not something the Lingshang Association can support.
Could it really be...?
"Team Leader Wang, I am Zhu Yongchang."
A middle-aged man in his forties, dressed in a suit and tie, stood up and casually straightened his collar. "I was also quite shocked by what Team Leader Wang said. Black Gold Wealth does have similar fundraising methods, but they are only similar; the actual structure is different."
"The mutual aid community that Captain Wang mentioned is essentially an empty shell game of musical chairs, but Black Gold Wealth is engaged in equity pledging of bad companies, and investors can obtain real equity."
"Of course, Secretary Qing considered that this system might be used by bad people, so he stopped it. Black Gold Wealth also expressed its support and approval."
"Black Gold Wealth has not engaged in similar activities since."
"It's possible that some people are using the guise of illicit wealth to commit fraud and illegally raise funds, which caused Team Leader Wang to have a misunderstanding."
"Black Gold Wealth is willing to accept any investigation."
Zhu Yongchang spoke with righteous indignation, and his demeanor and frankness were convincing.
"Oh!"
Wang Fangqi grinned, revealing his white teeth. He opened an app on his phone, which was the Mutual Aid Association. "I have to admit, you've really taken this system to a whole new level. You manage funds overseas, develop agents domestically, and transfer money privately to private individuals. The individuals don't get a single penny. The funds are passed down layer by layer, and they're all ordinary savings users. Even when the bank checks the transaction records, they can't find anything unusual."
"And what you yourself received..."
"All transactions are handled by regional agents, using overseas assets, equity, cash, cryptocurrencies, etc., with absolutely no risk."
"But you forgot one thing."
"This system still has vulnerabilities. Its essence is pyramid-shaped, with fewer items at the top and a higher aggregation density, ultimately resulting in multiple aggregation peaks."
"And you're very smart."
"By setting up all the agents outside the province, the Handong police could not easily investigate. But you underestimated the determination of the provincial party committee and higher authorities, and you also underestimated our speed of investigation."
"You've lost all eighteen regional distributors."
The number eighteen was like the last straw that broke the camel's back. Zhu Yongchang's confident and calm expression, which had been there just two or three minutes before, turned deathly pale in an instant, and he finally collapsed.
We actually found it!
Not one more, not one less.
Those eighteen regional agents, who offered huge benefits in exchange for a share of the profits, have now been wiped out. Zhu Yongchang will undoubtedly implicate them and share the blame without a doubt.
He's finished!
Zhu Yongchang instinctively looked towards the platform, wanting to ask for help, but his body suddenly felt cold, and he lowered his head completely.
Discipline inspection officials reappeared.
But this time a lot of people came. In addition to taking Zhu Yongchang away, they also took away several people with him, including the heads of state-owned enterprises such as Linggang and Chengjian.
"I told you."
Looking at the restless crowd, Wang Fangqi said, "The mutual aid community uses a private-to-private transfer method, which works online across the country, but it doesn't work offline because physical stores don't have that many bank cards."
The audience fell silent instantly.
They realized that all those who had been taken away had participated in this "feast".
"Since we've brought up the Ling Chamber of Commerce, let's delve deeper into it."
Wang Fangqi glanced at the business leaders from the Ling Chamber of Commerce present and said coldly, "I've heard about the good reputation of the Ling Chamber of Commerce again and again, but I've seen one ugly thing after another."
"I will not discuss cross-river freight for the time being, and whether the dismissal of Li Tingna was compliant with regulations remains to be investigated."
"Wu Jiantao, the contractor for the Lanling Road and Bridge project, is suspected of causing Li Tingna's fatal car accident, and the case has entered the stage of solidifying the chain of evidence."
"You've seen the black gold wealth."
"Let me mention two more companies, both of which are currently here. First, Lan's Department Store is copying products from members of the Chamber of Commerce, then going on to sell inferior goods as superior ones, profiting from the suffering of Chamber members while harming consumers' legitimate rights. What are they trying to do!"
"Secondly, Jiangling Real Estate is also using various means to suppress members of the Chamber of Commerce who are experiencing financial difficulties, taking the opportunity to buy land at low prices. What are they trying to do now!"
"As the initiator and vice president of the Ling Chamber of Commerce, instead of helping struggling businesses, you're pushing them into the mud. Was the Ling Chamber of Commerce established just to be exploited and plundered by you?"
Under questioning.
The two leaders dared not stand up or reply.
They're finished!
"Mayor Feng!"
Wang Fangqi suddenly turned around and faced a middle-aged man with graying temples standing next to Qing Guo. "As for the Ling Chamber of Commerce, which received preferential policies and full support during your tenure, do you have anything to say?"
"That's what I want to know too."
Before Feng Baoyi could speak, a voice came from the side, it was Qin Zhuofeng from the Provincial Commission for Discipline Inspection.
Wang Fangqi's position is actually not suitable for asking this question, but he is different.
"Normal business competition."
Feng Baoyi frowned slightly. "The market always adheres to the implicit rule of self-regulation, survival of the fittest. I have nothing to say about the black gold wealth, and I bear the responsibility for oversight. However, Lan's Department Store and Jiangling Real Estate are still within the scope of normal business competition. Their methods have slightly crossed the line, but they are not illegal."
"No law ever stipulates that..."
"Enterprises affiliated with the Chamber of Commerce must be supported, and must not evade market competition."
"That kind of business conglomerate is the illegitimate one."
"in addition."
"Please understand that the city government's role in market regulation is more about macro-level control and should not involve itself in specific business operations."
Feng Baoyi's logic was clear, and he deflected their questions in just a few words.
"oh!"
Qin Zhuofeng, however, showed no mercy, his words sharp and cutting: "So, does Mayor Feng's son's acceptance of racing cars, yachts, and laser tag club services provided by the Ling Chamber of Commerce count as actual business operations?"
These words were like pressing a mute button on the entire room, leaving it completely silent.
"That's Beibei's own hobby."
Feng Baoyi was silent for a moment, then suddenly turned his head to look at him. His face was as expressionless as a wooden statue. "He made some money doing business in Jiangdong City. It was all legitimate. As his father, I can't stop him from having hobbies, and I have no reason to stop him."
"If Secretary Qin has any doubts about me."
"Investigate to the fullest extent possible!"
Qin Zhuofeng chuckled softly; he felt as if he were seeing the shadow of an old acquaintance again.
Right, Secretary Dakang!
"Whether it is true or not, our provincial discipline inspection commission will naturally speak with evidence."
Qin Zhuofeng raised his hand and glanced at his watch. "Now, Mayor Feng and everyone else, please wait patiently."
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