Stepdaughter of a wealthy family? The little darling of a Beijing tycoon
Chapter 102 Shen Yifan's Investment Failure
Recently, Shen Xinyi has been frequently asking Lin Wanqing to go shopping. Every time they go out, Lin Wanqing is generous, buying Shen Xinyi all kinds of designer bags and high-end luxury goods, spoiling her and making her more and more extravagant and vain, and her mentality more and more restless.
Meanwhile, Shen Yifan, after following Shen Xinyi's advice and mortgaging the Shen family's old house and the group company to borrow a huge sum of money from the bank, plunged headlong into a brand new investment project.
Without Shen Jingshu by his side to carefully monitor and control risks at every step, Shen Yifan developed a completely blind and arrogant mentality.
He considered himself to have exceptional vision and talent, and with an innate sense of superiority, he arrogantly poured all his loan funds into a seemingly promising new project without any precautions.
The project did indeed perform exceptionally well in its early stages, with consistent profits on paper, impressive data, and everything seemed to be thriving.
For a time, the Shen family was overjoyed. Everyone thought that Shen Yifan had a unique vision and great courage, and believed that the Shen family would take the opportunity of this investment to reach new heights.
Seeing that his son seemed to be exceptionally capable, not only daring to take risks and work hard, but also managing the company in an orderly manner, Shen Mobai, the father of the Shen family, was very satisfied. So he simply delegated all authority and handed over all the affairs of the company to Shen Yifan.
He himself completely abandoned his family business, spending his days indulging in pleasure and romance, caring only about having fun with other women and completely ignoring the affairs of his family and company.
Just as the entire Shen family was immersed in their dream of getting rich quick, a sudden change occurred.
Shen Yifan's heavily invested project suddenly collapsed, revealing that the partner was a complete fraudulent company. The other party absconded with all the investors' funds, and the entire team fled overnight, illegally crossing the border and disappearing without a trace.
Overnight, everything changed.
Not only Shen Yifan, but all the partners and investors who followed suit and invested came to him to demand their rights.
When everyone arrived at the address of the partner company, they only saw an empty office building.
The company had already been deregistered, the office was deserted, and all staff had left without a trace. All the money invested by everyone was lost completely.
Upon hearing the devastating news, Shen Yifan froze on the spot, his eyes bloodshot, repeatedly muttering to himself in a daze, "Impossible... absolutely impossible, I couldn't have misjudged him."
The huge loan he obtained by mortgaging his entire fortune and family property was all lost.
A huge bank loan is looming, and if it cannot be repaid within a few months, the Shen family's real estate and the group company with decades of foundation will all be seized by the bank to pay off the debt.
A huge panic completely enveloped him.
Shen Yifan panicked completely. He dared not tell his family about this calamity that could destroy the Shen family, so he could only run around trying to find connections and resources to fill this huge financial hole.
When the business people around him learned that he had invested in this shell company, they all shook their heads and sighed, and no one was willing to lend a helping hand.
He immediately reported the case to the police, but after investigation, the police informed him that the funds involved had already been diverted through multiple layers and transferred to overseas accounts, making cross-border investigation extremely difficult and the probability of recovering the funds extremely low.
With all hope shattered, Shen Yifan suffered an unprecedented blow.
Enormous debts, a crumbling business, and no way to turn things around—the enormous financial hole was suffocating him, leaving him completely at a loss as to how to fill the gap.
Meanwhile, Shen Xinyi and Lin Wanqing had just finished shopping and returned to the Shen family villa with a pile of luxury goods. As soon as she entered the door, she keenly sensed the eerie atmosphere of oppressive silence in the house.
She frowned and looked at the maid who looked anxious and at a loss.
The maid looked at her, her eyes hesitant, her head bowed, not daring to say anything, her face full of unease.
Shen Xinyi frowned impatiently: "Just say what you want to say, why are you beating around the bush?"
The maid then whispered back, "Miss, the young master has been in his study upstairs all day."
The Shen family home today is no longer the orderly and warm place it once was. Previously, all the household affairs, big and small, were meticulously managed by Lin Wanqing and Shen Jingshu. Since Lin Wanqing divorced Shen Mobai and completely left the Shen family, and Shen Jingshu also left the home long ago, the large villa has suddenly lost its central figure.
At first, the Shen family members were completely unaware of the situation, feeling exceptionally comfortable with no one to supervise them.
Within just a few days, the house was in complete chaos. No one was cleaning or managing the household affairs; chores piled up, and the villa was cluttered and desolate, having long lost its former elegance and prestige, displaying signs of decay and disorder.
With no one to manage the household, life was in a mess, so the Shen family had to spend money to hire a few more servants before the house could barely regain its former dignity.
Furthermore, after making many connections at the banquet and obtaining a large loan from the bank, the whole family thought that the Shen family's life would get better and better, and their glory would surpass what it used to be.
But no one expected that a catastrophic disaster was about to strike.
Upon hearing that her older brother was upstairs, Shen Xinyi immediately handed the luxury goods she was holding to the maid and asked her to take them back to her room. She then turned and headed towards the study.
She knocked on the door, but there was no response from inside.
Shen Xinyi pushed the door open and went in. The curtains were drawn tightly, the room was dimly lit, and a strong, pungent smell of alcohol hit her.
She frowned and reached out to turn on the overhead light.
The moment the lights came on, she could see clearly that her usually spirited and aloof older brother was now curled up in the corner of the sofa, surrounded by a pile of empty wine bottles, looking utterly dejected and a completely different person.
"Brother? What's wrong? Why did you drink so much? What happened?"
Shen Yifan was so drunk that he was unconscious and unresponsive no matter how much they called him.
Having no other choice, Shen Xinyi went downstairs to call the maids in, and together they helped him back to his bedroom to rest. They also had the study thoroughly cleaned.
Seeing her eldest brother so distraught and on the verge of collapse, Shen Xinyi felt panicked and frightened. She immediately called her second brother, Shen Yifei. However, Shen Yifei was undergoing an emergency surgery at the hospital and was unable to answer the phone.
She could only call her third brother, Shen Yichen.
When Shen Yichen received a call from his sister and heard that something had happened at home, he immediately dropped what he was doing and rushed back.
Seeing the oppressive and deathly atmosphere at home, and looking at his older brother who was drunk and unconscious, Shen Yichen's heart sank. He could only gently comfort the frightened Shen Xinyi.
The brother and sister sat in the living room, saying nothing, silently waiting for Shen Yifan to wake up.
It wasn't until mid-afternoon that Shen Yifan finally woke up from his hangover.
His head was throbbing with pain. He propped himself up to sit up, rubbing his throbbing forehead, and stumbled downstairs to get some water.
As soon as he arrived at the restaurant, he saw his younger brother and sister sitting at the table, clearly waiting for him.
Shen Xinyi immediately got up to greet him and hurriedly invited him to eat. She also had the servants bring out the stomach-soothing porridge and hangover soup that had been prepared in advance.
Shen Yifan didn't say a word, picked up the soup bowl, and drank it all in a few gulps.
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