Blackstone Code

Chapter 137: Unexpectedly, I didn't expect it either

Financial reports are falsified. Once any listed company faces such accusations, even if it is still a "golden stock" sought after by people in the stock market at the moment, it only takes a second after such a thing has happened. Will become "junk stocks."

   Junk stocks, stocks with no value. The entire market's understanding of the operation of a listed company is mainly derived from the company's financial reports issued in each cycle.

   will have detailed operating conditions, and finally an accurate conclusion, how much money they have made during this period, how much money they have lost, how much assets they have, how effective their operations are, etc...

People outside the company, or even people inside the company, may not have a comprehensive understanding of a company. In addition, this is an honest society. People are willing to believe that these listed companies will not make bad behaviors of modifying data, so it is very Rarely will anyone question whether the financial report data of a listed company is correct.

   They also lack the way to question. Even if they feel abnormal, they have no way and opportunity to solve the mystery in their happiness.

   But I have to say that for listed companies, financial fraud is equivalent to standing on the edge of an active volcano.

After Neo’s words were spoken, a lot of voices suddenly came from the telephone receiver. He could feel that these people are in a bad state, but he didn’t care, because he and his wife’s father were no longer the largest shareholders of the company. .

If something goes wrong, their husband and son-in-law will not be able to escape, but other shareholders will not be better off. They will also face bankruptcy. This is also Neo's firm belief that even if he speaks out, these people will not tell the truth. reason.

   "Neo, Alban, you are a crime!"

   "I'm going to report on you!"

   The call soon heard the roar of the largest shareholder of the board of directors of Ristoan Group, full of emotional out-of-control, and he could hear his voice not only hoarse, but also some tremors.

   Neo was very calm, and his voice also replied with a joke, "You can hang up the phone now, and then call to report my fraud in the financial report."

   "I believe that the Federal Financial Crime Investigation Agency, the tax bureau and the media will be very interested in your report!"

   The Federal Financial Crime Investigation Bureau is a branch of the Federal Bureau of Investigation, an independent organization that conducts investigations and crackdowns on all financial crimes.

Neo’s words caused the largest shareholder to be silent unexpectedly. For about four or five seconds, the other members of the board of directors were immediately comforted. In case this person has a bad mind and can’t figure out what he did, everyone will be obsessed. He was killed.

   After a short period of persuasion, this major shareholder has only one request, "You must explain your purpose of doing this. If you can't convince me, I will immediately report your illegal behavior..."

   It seems that this sentence is very vicious, but it is actually just a kind of threatening step. Of course, Neo knows how to go down the steps.

   "Of course, sir, this is exactly what I want to tell you, because it is related to some of our next actions."

   "In fact, starting from three years ago, Ristoan's profits began to shrink rapidly, and the first loss occurred about two years ago..."

To put it simply, at the time, President Neo discovered that there were some problems in Ristoan. The flow of funds became slow, there were more and more stocks of goods, and people had less money in their hands, and their spending power began to decline. A group company with hundreds of brands will inevitably face the same problems as those small businesses.

Neo, Alban and his own cronies believe that this is not a simple phenomenon. At their request, the financial department revised the financial report for the first time, turning losses into continuous profits, and it also appeared The growth point.

   Neo, who made this decision, quickly got the result he wanted. The stock of the Ristoan Group continued to rise in the stock market, and the increase in the stock price made the loss insignificant.

   In his own words, in the annual summary report, the sharp increase in the overall market value of the group company driven by the increase in stock prices is enough to make up for the operating losses.

   This is a poison. In the case of continuous losses in the entity's business operations, the use of rising stock prices to cover up the fact of poor management seems to be a good thing for the company's stock price increase, but all of this is based on false data.

Today, two years of financial fraud are enough to cause Ristoan to fall in an instant. Neo didn’t even conceal anything. He told all shareholders in relatively cruel and cruel words that he and his father-in-law Alban had already cashed out almost half of them. Of shares.

   In other words, the shares they currently hold are not enough for them to control their current position.

   Faced with the anger and curse of the shareholders, Neo and Alban didn’t care, even a little proud.

Of course, there are actually a lot of crimes here. This is why Neo and Alban still hold the chairman of the board of directors and the president of the group. They want to clear themselves of the crime, so the best way is to let Those illegal operations will not be held accountable.

   "From what I know so far, Listoan has actually reached a very dangerous situation. This is why I have to force Langdon to force..."

   Langdon is the name of the mayor of Sabine.

Neo sits on a chair in the study, holding a high-end solid color in one hand and a phone in the other. His eyes are a bit blurred, as if the smoke from a solid cigarette **** fascinates his eyes and makes him look down. Clearing the things in front of him, it was as if his gaze had penetrated reality and plunged into a void.

   "Only by eating the most important core resources in Henghui's hands, can Ristoan be able to transform quickly and gain first-line vitality."

"Originally, our secret negotiations with Henghui have been halfway through, but the Federal Revenue Service's investigation into it suddenly terminated our plan. If Langdon is not forced, we will not be able to save us from the quagmire. Opportunity, but from now on, we still failed!"

  Henghui’s shareholders have already planned to withdraw funds and return to their home countries to engage in post-war reconstruction. Those businesses and channels that were very valuable in the past have now become their tools for monetization.

   If it hadn't been for the sudden intervention of the Federal Revenue Service, perhaps Christoan had already eaten the piece of meat they wanted.

   Unfortunately, everything is destroyed.

   The call was very calm, with only some heavy breathing sounds. No one knew that Ristoan’s current situation had become so bad. You must know that in the outside world, just the name of the group company can become the pride of many people.

  In Honshu, everyone is proud of being an employee of the Ristoan Group!

   is such a company, in Neo’s words, it is on the verge of bankruptcy, which is really hard to imagine.

   In fact, this is not an accident. When Christoan’s sales start to slow down, they are doomed to experience a cold winter.

  Thousands of workers have to send out several million in monthly wages, but the speed of their payment and profit has become too slow.

   On the one hand, it saves money by dismissing some employees, on the other hand, it uses financial fraud to raise the price of stocks, and then obtains the necessary funds by cashing out.

  Many of the funds that Alban and Neo cashed out were actually invested in the company's operations. Of course, they borrowed from the company in the name of a third party. They were not so selfless.

The silence of the people satisfied Neo. Now everyone is basically united. He then talked about some of his thoughts, "I have been in contact with the people on the Conservative Party. They speak better than Langdon, and agree. I have learned some of my views and thoughts on the changes in the current industrial structure, and I am willing to try to cooperate with us."

   "They gave a very favorable policy, and more importantly, this is an opportunity, an opportunity to get rid of the burden."

   "We will get rid of the workers and employees who are sucking blood on us, and leave directly with wealth, so that there will be no problems with all our previous actions."

   "When it's more important, I ask you to do nothing. As soon as the market opens on Monday, there will be rumors of serious disagreement between Langdon and I and that Christoan is disgusted by the governor."

   "At that time, our stock price will fall rapidly, and I ask you to sell some stocks to lower the stock price. After the official intervention, I will announce the launch of a privatization plan."

   "Then..., we can leave here calmly ~lightnovelpub.net~ and I will make sure that each of you will not be greatly reduced in value."

This is the method that Neo and Alban negotiated for a long time. Their initial idea was to get the things they had negotiated with Henghui, and quickly integrate Henghui’s channels and advantageous industries. After the merger Reactivate these items in your own hands.

   But now the situation doesn't allow it, so I will take the company's core directly and leave here, while still leaving some troubles locally.

When people talk about Ristoan, they will not say that some people have tossed the company and had to leave here. They can even use Langdon and the governor’s dislike of them to make their departure full of certain politics. color.

   As for financial fraud, those who know will not say it, and those who want to make them unlucky will not know it.

   It is a perfect plan, and even if someone raises these issues in the future, it will eventually be nothing more than a fine or the like. It is just a little money, and it may even be safe and sound. It has become a very typical financial operation example!

  As long as the group company and shareholders do not hold him accountable, he does not even need to accept punishment. After privatization, he only needs to be accountable to the shareholders, and as long as the shareholders say that he is not held accountable, he will not be sued.

   Of course, these are all things in the future, what they have to do now is to tide over the difficulties!

   He felt that what the governor’s staff said was right. Only “united” can tide over the difficulties. This is exactly what he is doing now. Unite the board members and complete this rapid transformation with him!