American Gossip King

Chapter 265 A Shocking Fraud Case

The Madoff fraud case is still unfolding and being discussed around the world, but this news is mainly concentrated in elite circles and has little impact on the general public.

Public discussion was lackluster, with some even complaining about it:

"Besides Tokyo Tower, Ian Carr only made one racing sequel this year. The boss is making big projects, so there are fewer big surprises."

"Ian Karl has forgotten his roots!"

Uh……

Two major violent scandals in three months aren't enough to satisfy your appetite?

Besides, I've recently shared some Hollywood gossip.

At Godwin Manor, Ian looked at the comments with disdain.

He went out onto the balcony in his pajamas, where Gal Gadot was sitting and drinking juice.

"How's it going? Are you settling into life in Hollywood?"

Ian gently stroked her snow-white neck.

Gal Gadot nestled against his stomach, licked it with her tongue, and laughed, "Not bad, but most of the time you're just doing nothing."

As soon as Gal Gadot returned, Ian had her join UTA and asked UTA to promote her. However, it's still early, so there won't be any results yet.

"It's a pity I didn't make you famous at the Garden Restaurant," Ian laughed.

Whenever something happens, Ian always gives beautiful women a chance to shine, especially if they're around.

The Tokyo Garden Restaurant was the only exception, since you were still working for the Israelis at that time.

Gal Gadot gently shook her head and hugged Ian, saying, "That's good too. Once you have work, you'll be very busy and won't be able to keep an eye on you."

"You can't keep an eye on me even without a job." Ian smiled and kissed Gadot. "Don't even think about keeping an eye on me; that's a foolish woman's idea."

As he spoke, he walked over to the camera, turned it on, and stared intently at it.

Gal Gadot was slightly taken aback: "What did you find out?"

Ian smiled. "Berty Kennish and a little girl who looks about fourteen years old."

Gal Gadot asked in confusion, "Who is Bertie Kennish?"

Ian casually remarked, "The major shareholder of American First Bank is also the biggest obstacle to my acquisition of American First Bank."

He glanced at Gal Gadot and smiled slightly, "He doesn't live here. I asked a few friends to invite him over and arrange this banquet. He seems to enjoy it very much."

Gal Gadot's face turned deathly pale: "My God, Ian, you've gone too far."

"There was no coercion; it was all voluntary," Ian said calmly.

Then he smiled and said, "This is my way of doing business. It's not exactly honorable, but it's better than assassination."

Gal Gadot was speechless.

After a long pause, she nodded: "I wish you were Jewish."

Ian laughed and said, "I thought I had acted very Jewish."

Gal Gadot was stunned.

She jumped to her feet and cried out, "Fuck! Ian, is this how you view Jews? You cannot insult my people!"

Isn't PUA enough?

Ian's face darkened slightly.

He walked over and grabbed Gal Gadot by the neck: "Don't talk to me about national righteousness, Gal Gadot. You shouldn't have those things in your heart, you only need me! You can tell Mossad that you're Jewish supremacist, but you must understand that's just a facade! Don't let your facade deceive your heart!"

His words were forceful, and his gaze was focused.

Gal Gadot stared at him.

The anger he felt melted away in Ian's eyes, replaced by fear and even longing for him.

His bravery, his confidence, his strength, his domineering nature!

Under the influence of the illusion, Gal Gadot felt herself getting lost.

What's the point of having nationalism?

All I want is Ian Carl!

He's all I want!

She knelt down weakly and whispered, "Master..."

Her call was filled with endless flattery as she unbuttoned her clothes, revealing her snow-white and beautiful body.

Ian smiled slightly: "That's a good boy."

He set the camera to record automatically, then grabbed Gal Gadot and led her into the room…

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The acquisition of Bank One was a major undertaking, involving numerous aspects, including intended cooperation, asset valuation, equity distribution, and so on.

The issue of intent can be easily resolved with the help of the dirt on Dubong and Ian.

One of Gascoigne's major responsibilities was to use his expertise to undervalue Midea Group as much as possible based on its asset value, earnings reports, and other factors, valuing it at $420 billion.

This was certainly unacceptable to the United States, and the two sides entered a difficult bargaining phase.

Meanwhile, Madoff's first trial had already begun.

This trial attracted widespread attention and quickly determined that Madoff had committed clear fraud and was guilty of fraud!

Get it done in one go.

The latest novel is first published here!

The day after Madoff was found guilty of fraud, Redstone declared bankruptcy.

Because Redstone didn't obtain much funding from outside sources, and because Ian Carl deliberately kept it under wraps, the bankruptcy of a company valued at tens of billions of dollars barely caused a stir.

Madoff was dumbfounded.

Is Redstone bankrupt?

Madoff Securities' $50 billion investment has gone down the drain.

Madoff Securities' creditors are still demanding repayment, and Madoff Securities is also trying to recover its external investments, the largest of which are Redstone.

As a result, Redstone suddenly went bankrupt.

Everyone is stupid.

Without Redstone's 5 billion, Madoff Securities' book assets are down to only about 1.2 billion, while their debts have reached nearly 10 billion.

This means they'd be lucky to recoup even one-tenth of their initial investment.

Although the news didn't get out, the bigwigs who lent money to Madoff were going crazy.

These people were powerful and shrewd; they instantly realized that Madoff wasn't the only one playing the fraud, but also Galbraith of Redstone.

Although he cheated Madoff, it was still essentially their money!

So the crowd surged forth and went to find Galbraith.

Galbraith was equally blunt: "No money!"

Hongshi's bankruptcy stemmed from Linuo Bank's pressure to repay its debts, and Linuo's reasons for doing so were quite plausible: Hongshi's financial statements were falsified and its working capital was almost completely depleted.

Galbraith presented the fabricated accounts himself, so Ian didn't even need to make a trip for them.

Then, looking through the ledgers, one would discover that Galbraith spent money like water, indulging in all sorts of extravagance. In order to extract profits from Redstone, Ian even used the Cripples' Gang to set up a bunch of shell companies to collect benefits, and finally completed the arbitrage through the sale of three companies, including Meihe.

As for the matter of Meihe Company, it had nothing to do with him, because he had already sold it to another company before that. Anyway, after all the twists and turns, it had nothing to do with him, but the money went into his pocket.

Of course, if they really wanted to investigate, they would have found out; the problem is they didn't have the chance to investigate.

Galbraith personally destroyed all the accounts and then turned himself in. People could only see what Ian showed them; what he didn't want them to see, they couldn't see at all.

If anyone is still determined to investigate... our brothers in Afghanistan aren't pushovers either.

At worst, there will be more terrorist incidents. After all, the public is so hungry that Ian Carl has been accused of resting on his laurels and becoming complacent.

In this situation, two fraud cases occurred one after another, and tens of billions of dollars evaporated. All the investment tycoons wailed and cried, while Ian Carl, who made a fortune, happily counted his money at home.

The company had previously retained 92 billion, then earned another 70 million, resulting in a profit of 30 billion for Redstone Company. It redeemed Redstone assets for 3 billion, plus 200 billion from Japan, and obtained 10 billion from the sale of Black Deer and RCA. The total amount of funds has now reached 355 billion.

It's time to launch a full-scale takeover of Midea.

(End of this chapter)