Chapter 501 - 471: Trying to Steal the Chicken but Losing the Rice

Tang Jinghuan learned that Gao Yuanzhong had been arrested, and immediately had a bad premonition.

Assistant Chen said, "President Tang, our connection with Gao Yuanzhong is not deep. His arrest will have limited impact on us."

Tang Jinghuan shook his head, "In isolation, it is indeed very limited, but I’m afraid Xu Yang will use the arrest of Gao Yuanzhong to make trouble."

The assistant, not taking it seriously, said, "Our connection isn’t deep, whatever he makes up won’t matter."

Tang Jinghuan thought for a moment and said, "That’s true, we just had him do some work for us. Even if we are implicated, the impact will be limited."

Just then, Tang Jinghuan’s phone rang.

Tang Jinghuan took out his mobile phone and saw that it was a call from a big shot from the government, part of his network of connections.

He had repeatedly protected Gao Yuanzhong through this big shot.

Why was this big shot calling, what could he want?

Usually, he would be the one initiating contact with the other party.

With that thought, Gao Yuanzhong answered the phone, "Boss Huang, is there something wrong?"

Boss Huang said, "I need an identity from the United States immediately, I have to leave the country!"

Boss Huang always spoke very calmly, given his high position.

But this time, there was a hint of panic in his voice.

Tang Jinghuan frowned and said, "With your status, you can’t just leave the country like that, and why are you in such a hurry to leave?"

Continue reading stories on NovelBin.Côm

Boss Huang was somewhat angry, "Isn’t it because of you? You made me protect Gao Yuanzhong. Now Gao Yuanzhong has been taken away by the disciplinary department. The matter has caused too much trouble, with big players from the capital’s circle getting involved, and the higher-ups want a thorough investigation. Gao Yuanzhong was already problematic.

I listened to you and protected him more than once, and surely, the disciplinary department will come for me soon, saying there will be a talk. I can’t escape it, and I don’t want to go to jail, so leaving is my only option!"

Hearing this, Tang Jinghuan’s head exploded with the sound of thunder.

He had not anticipated such severe repercussions.

Now he understood.

Xu Yang wasn’t just planning to bring down Gao Yuanzhong but to implicate him through Gao Yuanzhong.

He wanted to escalate the situation by using Gao Yuanzhong, to strike at those who had helped Gao Yuanzhong, reaching as far as his own network of connections.

Tang Jinghuan took a deep breath, "Alright, go directly to the airport, I’ll have someone waiting for you there."

After hanging up, Tang Jinghuan’s face grew dark.

He had returned to his country to invest and had built up a network of relationships.

This person was part of his most powerful network.

Without much help given, this part of his network was gone.

Tang Jinghuan sighed, "It seems I still underestimated Xu Yang."

Originally, he thought he had a high opinion of Xu Yang.

Now it seemed, he had still underestimated him.

Just in half a day, Xu Yang had destroyed a network he had toiled to build.

Fortunately, another person had not been involved in this matter.

Otherwise, his purpose for this visit to Huaxia might have been impossible to achieve.

As long as the project was safe, everything else was not a problem.

He had come back to the country and started a project.

That was to establish an investment fund, investing in global financial derivatives.

Due to his identity as a Wall Street elite, there were plenty of people wanting to make money through investing in his fund, while others wanted to use him to meet the financial tycoons of Wall Street.

Now his investment fund had already amassed over a hundred billion in capital, and more people were still joining.

In fact, his fund was not really meant to invest in global financial derivatives.

Instead, once enough capital was gathered, he planned to swallow the fund’s money.

Of course, he couldn’t just run off with the money directly, that would be too amateurish.

Instead, through investment fraud and falsifying accounts, he planned to swallow the money under the guise of failed investments.

In simple terms, it was a case of investment failure, no return on capital, with the funds ending up directly in his pocket.

Of course, in order to gain official support, he claimed he was going to invest thirty billion in Haicheng to build a new energy vehicle research center.

It was precisely because of this that he was able to garner the attention of Haicheng’s officials.

Otherwise, just running a global derivatives investment fund wouldn’t have drawn the attention of Haicheng’s bigwigs.

He planned to abscond once he had absorbed one hundred and fifty billion in capital.

At this rate, he would meet his goal in no more than a week and then make his escape.

Once back in the "beautiful country", no one would be able to do anything to him.

He intended to make a call to another network.

To give them a dose of reassurance, lest they lose confidence and silently give up on him, which would be troublesome.

But before he could make the call, his phone began to ring.

Looking at the caller ID, it was indeed a call from that other network.

Tang Jinghuan answered, "Mr. Meng, what can I do for you?"

Mr. Meng said gravely, "Your scheme has been exposed, return all the funds to the investors!"

Tang Jinghuan replied, "Mr. Meng, what are you talking about? I don’t understand what you mean."

Mr. Meng said, "Don’t play dumb with me, you’ve done this kind of fundraising twice before in Europe, also promising local officials investment projects and winning their support, only for the funds you raised to end up in losses—essentially going into your own pocket!"

Tang Jinghuan was startled on the inside but remained calm, replying, "Mr. Meng, you must be joking, how could I possibly do such a thing?"

His two ventures in Europe had caused quite a stir locally, but they shouldn’t have been known in China.

Otherwise, he wouldn’t have had so many business tycoons pouring money into his fund, nor would Haicheng’s officials have supported him so much.

They even called him the pride of the Chinese people.

How did Mr. Meng find out?

Mr. Meng said with gravity, "I told you, no more playing dumb. Now everyone in our city’s upper echelons knows. Someone has investigated your activities in Europe in detail and delivered the information to us. You’ve been banned from leaving the country, and the accounts of your investment fund have been restricted from international transfer. This matter will soon become public.

Assuming it hasn’t caused any negative impact, if you return the money to the investors within an hour, I will act as though nothing has happened. Of course, if you truly intend to invest in building a new energy vehicle research center in Haicheng, we would still welcome you."

Since no substantive consequences had occurred yet, it would be very difficult to prosecute Tang Jinghuan.

But if consequences were to arise, with Tang Jinghuan having swallowed all the money and being far away in the "beautiful country", it would be extremely difficult to reclaim the funds.

And with so many business magnates having given their money to Tang Jinghuan, it would have a significant impact on Haicheng’s economy.

Without any more illusions, Tang Jinghuan fell silent for a moment before saying, "Alright, I will return the money. May I ask who is the person who delivered the information to you?"

Mr. Meng replied, "You don’t need to ask, I would have told you anyway because the materials delivered to us included a note saying to tell you that Mr. Xu sent the information."

Mr. Xu?

It must be Xu Yang!

Tang Jinghuan’s gaze grew colder.

Damn it, he hadn’t expected Xu Yang to have thoroughly investigated his affairs.

Now he had truly lost more than he bargained for.

He had been just a week away from embezzling one hundred and fifty billion!

In half a month’s time, he would have made one hundred and fifty billion, more than twenty billion U.S. dollars.

Even the magnates of Wall Street would be jealous.

Now, Tang Jinghuan regretted having crossed Xu Yang.

If he hadn’t messed with Xu Yang, none of this would have happened.