American Gossip King

Chapter 336 The Truth About Samsung's Profit Shifting

Goldwyn Estate.

The bedroom was quite lively today.

Gal Gadot, Catherine, Jessica Barbara, Karlie Kloss, and Shaun were all there.

Fighting five opponents at once is a piece of cake for Ian now.

After that exhilarating and intense experience, Shawna, holding the newspaper, smiled at Ian and said, "Do you know what they're saying about you?"

Ian was at that moment fiddling with the videos on his computer, as was his habit.

Without turning his head, he asked, "What?"

Jessica chimed in, "They say you're the one who put Michael Jackson in such a predicament, and that's why quite a few people are against you."

Ian paused for a moment, then laughed: "I can understand their misunderstanding."

With Ian's encouragement, Michael Jackson's first court hearing officially began yesterday.

Due to Ian's instructions, Michael Jackson was almost completely outmaneuvered in the trial.

Despite his defense lawyers' hard work, the judge's bias resulted in all testimonies being extremely unfavorable to Michael.

This has led many to believe that Michael Jackson may soon be convicted.

Because the trial was held in Los Angeles, the reporting was done by Carl Media, and given Ian Carl's status as the King of Hollywood, many people believed that Ian Carl was behind it all.

Some even asserted that Ian Carr was dissatisfied with Michael Jackson's independence, and that Carr Media hadn't released many entertainment news stories this year, so Ian chose to elevate Michael Jackson to the altar and make him a sacrifice.

You know what, it actually makes a lot of sense!

Indeed, the Michael Jackson affair greatly made up for the lack of Hollywood sex scandals this year!

Furthermore, many of the exclusive internal reports were still produced by Carl Media, especially those that were unfavorable to Michael Jackson. Carl Media never said anything good about Michael Jackson, so it's not surprising that this perception arose.

However, this is exactly what Ian wanted.

He needs to make everyone believe that Michael Jackson is finished, and even Ian Carl doesn't intend to save him, before he can truly take over this cash cow.

He laughed and said, "It's okay. It's not like people have been wronged once or twice. I've been wronged twice and had to go to court, so one more time won't make a difference."

Catherine raised an eyebrow: "It's not necessarily a false accusation."

Ian laughed: "At least Natalie Portman was innocent in that case."

Upon hearing Natalie Portman's name, Gal Gadot said, "By the way, Natalie Portman called me a few days ago."

"What's wrong?"

"She wants to see you."

Hearing this, Ian laughed: "Did they say what it was about?"

[At this point, I hope readers will remember our domain name 12199.99]

Gal Gadot gently shook her head: "I guess she really just wants to sleep with you."

She actually likes my type?

Ian thought for a moment, then nodded and said, "Okay! I have no problem with her."

The girls said in unison, "You just have no problem with her body!"

Ian laughed and jumped out of his seat, throwing himself into Jessica's arms: "But I'm infatuated with you guys!"

The girls then giggled and began to playfully tease and rub against Ian.

While they were playing around, the phone rang.

Ian glanced at it; it belonged to Ida.

Ian took it: "Give me good news, Ida."

The former secretary smiled and said, "I missed you."

This is not good news.

But Ian didn't say anything, he just smiled and said, "Then hurry up and get things done, then you can come back to see me."

This answer greatly excited Date: "I know where Samsung Group's money went."

"where?"

"They established a new distribution company called Corward and transferred the goods to this company by supplying them at low prices."

Ian wasn't surprised by this. The simplest way for a company to shift profits is to set up its own raw material supply company and buy them at high prices. If done well, it can cause the company to suffer losses... This is often used to harm shareholders, and it can also be used to evade taxes, such as transferring profits to foreign regions with low tax rates.

The latter is something almost everyone is doing, including Ian himself.

Because production in the United States is shifting to Asia, and the United States itself is a consumer of Asian products, Samsung is doing the opposite... They are supplying products to their American distributors at low prices, causing their profits to skyrocket.

What puzzled Ian was another question: "Are the other shareholders just watching all this happen?"

Ida replied, "They were all involved, except you."

"Just as I expected!" Ian cursed.

The movement was a little too rough, and Jessica let out a soft cry, giving him a reproachful glare, as if to say, "You hurt me."

Ida acted as if she hadn't heard: "Yes, you were right last time, this is aimed at you."

"The reason!" Ian said.

For the past year or so, Ian has faithfully kept his promise and has been defending the Koreans. There's no reason for them to do this.

The latest novel is first published here!

Ida said, "Samsung's major shareholder, Brilliant Foundation, is Jewish."

"No! That's not enough!" Ian said firmly. "It's one thing for the Jews to want to deal with me, it's another thing for them to get the Koreans to help them. Don't tell me that's all you found out!"

Ida was indeed very capable: "The Brilliant Foundation has investments in News Corporation, and they have dealings with some of the senior executives within News Corporation. I suspect they may have received some information about the World Cup."

Ian understood.

The Brilliant Foundation learned from News Corp. that Ian Carl might have gotten the World Cup news, and then they told Samsung about it.

Koreans would be furious if they knew this!

So it was Ian Karl who messed with us?

Of course, South Koreans only know that it was his people who fabricated the news about the referee's death and gave it to News Corporation, but they probably don't know that he also killed the referee, that he leaked the information about Chung Mong-joon, and that he orchestrated the whole incident. Otherwise, South Koreans might have gone crazy.

Then it's not a matter of shifting profits.

Even so, the South Koreans dared not offend Ian, after all, they were still counting on him to salvage their reputation, so they could only use this method to unite with other major shareholders and bypass Ian to transfer profits.

Other shareholders were not affected, and since it was a Korean operation, they didn't have to take the blame, so they naturally accepted it.

Ian thought about it seriously for a moment, then suddenly remembered something and said, "Morgan is also a shareholder of Samsung Group, why didn't they notify me?"

Ida replied, "This matter wasn't Jamie Dimon's responsibility; it was someone else's. Besides, Morgan also had shares in the later-formed Cowardly, so he didn't suffer any losses, and Jamie Dimon wouldn't have gotten involved. After I discovered the problem, I contacted Jamie Dimon, and he investigated and told me."

Hearing that Jamie Damon hadn't betrayed him made Ian feel much better.

Ian continued, "However, he told me that after the merger of Morgan and Linuo, Brilliant Fund has been trying to buy back Morgan's shares in Coward to avoid financial statement leaks. Jamie realized the problem and spoke out in time. Oh, by the way, he told me he received a five million bribe from them; I hope you don't mind."

Ian smiled: "Since he didn't lie to me, then there's no problem."

After thinking for a moment, he said, "The shares can be sold, but the price cannot be lowered. I'll take this opportunity to continue investigating this Coward company; I need to understand their specific situation."

"Okay, boss, but you said I could come back to see you after I've finished this." Ida said with a smile.

You really miss me!

Of all the girls around me, the ones who were most devoted to me were probably Scarlett Johansson, Britney Spears, Ivanka Trump, Katharine Wong, and Ida Hina. Kate Middleton was also one, but unfortunately, she's getting married soon.

Ian responded softly, "Okay, I'll wait for you."

Ida happily replied, "Okay, boss."

He put down the phone and looked at the girls.

The girls hummed in unison, "Go about your business."

Ian laughed and stood up.

He picked up the phone: "Get Rudolf Murdoch on the other end."

(End of this chapter)