Chapter 3290 Madoff Scam

Madoff was very curious about why Lin Feng came to see him. www.|dyzww.|网|m|Lin Feng could not have just come to see him for tea and chat. This was impossible, Lin Feng was not that free. So , Lin Feng must have come to see him for something important. So why did Lin Feng come to see him?

Lin Feng smiled.

"Mr. Madoff, have you heard that someone is shorting McDonald's and KFC today?" Lin Feng asked with a smile.

"Mr. Lin, don't tell me that person is you!" Madoff was surprised. He had been guessing about the person who shorted KFC and McDonald's, guessing whether this person was Lin Feng, but he was not sure. Unexpectedly, Lin Feng actually admitted it now.

"Haha, Mr. Madoff, I want to make a deal. You help me with the recovery of the "Starting Point Fast Food Restaurant" and help me short McDonald's and KFC. In the end, no matter how much money I make, I will invest it in your "Madoff Fund". What do you think?" Lin Feng said.

Madoff's face changed.

Before this, Lin Feng had invested a sum of money in the 'Madoff Fund'. That time, Lin Feng made a big move, a full 50 billion US dollars, and agreed to put it in the 'Madoff Fund' within 10 years, which relieved Madoff of a lot of financial pressure. Unexpectedly, Lin Feng would come to invest again this time. This surprised Madoff, of course, more joy.

His 'Madoff Fund' is a pit, a huge pit, pitting countless people. In order to continue this huge pit, he must have continuous funds invested in it. The 50 billion US dollars that Lin Feng invested before had long been filled in to fill the pit, used to maintain his mythical halo of super high returns of Madoff, and to achieve his undefeated myth of Wall Street investment. But most of this fund has been used up. If no other funds flow in, then he must use his own funds to fill the pit, and his property is undoubtedly a drop in the bucket to fill this pit.

Lin Feng is going to invest money again now, and he is happy. Although he also knew that Lin Feng had a conspiracy of "driving the tiger to swallow the wolf" and using himself to make tens of billions of dollars. But could he refuse? No! For his own reputation. In order to keep his halo intact, Madoff had to jump into this pit.

"Mr. Lin, your funds..." Madoff pondered.

"Haha, Mr. Madoff, it's very simple, the old rules. Within ten years. You don't have to pay me interest, and I won't apply for withdrawal. Wait ten years later, just give me the money in one lump sum. Of course, if the returns are good and I am not short of money, I will consider continuing to invest in the "Madoff Fund." "Lin Feng said with a smile.

Ten years! Madoff was completely moved. As long as Lin Feng did not ask for interest payment or withdrawal, he could at least keep his halo for another five years. And if he played a trick this time, and played enough drama. Then it may not be impossible to hold on for another five years.

Ten years later, he was 78 years old. Maybe he had already been buried. Once buried, who cares about the floods in the future, even if the world discovered his scam, it would be useless. He had already gone to see God. Of course, he still has a wife and a son. But he can only file for bankruptcy. His family will never be implicated. This is the advantage of Western law.

Therefore, Madoff decided to agree.

"Mr. Lin, don't worry, leave everything to me! I hope we can have a pleasant cooperation!" Madoff said excitedly.

"I think we will have a pleasant cooperation!" Lin Feng smiled slightly, with a terrifying look in his eyes that was hard to explain.

That afternoon. Madoff used his identity as the former chairman of NASDAQ and his extensive connections on Wall Street to immediately help Lin Feng carry out the delisting and repurchase plan of "Qidian Fast Food Restaurant". However, before the repurchase plan, in order to help Lin Feng repurchase "Qidian Fast Food Restaurant" at a cheaper price. Madoff spread endless negative news in the market, saying that Lin Feng would acquire "KFC" and "McDonald's" and completely abandon "Qidian Fast Food Restaurant".

Because this rumor came from Wall Street and Madoff's consulting company, the news was extremely reliable, so many people believed it. As a result, the stock price of ‘Qidian Fast Food Restaurant’ instantly fell below the freezing point, $0.1, which is a shameful figure, a figure that can almost cause the stock to be delisted. This is garbage, a real garbage stock among garbage.

However, there is no joke, because the more garbage the ‘Qidian Fast Food Restaurant’ is, the stronger Lin Feng’s ** for ‘McDonald’s’ and ‘KFC’. Therefore, the stocks of the two companies continued to soar and climb. By the close of the market, the stock of ‘McDonald’s’ reached a terrifying $240, and the market value reached $240 billion, which doubled compared to before the opening. The stock price of ‘KFC’ reached $170, and the market value reached nearly $100 billion. This was completely unimaginable before.

The whole Wall Street went crazy! But no one found the problem. The stock prices of the two companies rose so high, and the market value doubled in one day. Is this normal? This has far exceeded the value of the two companies, and the price-earnings ratio has exceeded 100, which is an extremely dangerous signal. But no one thought about this dangerous signal, but instead looked forward to how much money they would make from it in the future.

After all, if Lin Feng wants to acquire the company, he will definitely use a very high price to acquire it. He will continue to raise the stock price and call out a very high price to acquire the shares held by various institutions. This is Wall Street's opportunity to make money. An opportunity to kill Lin Feng hard.

Of course, only the bosses of McDonald's and KFC were troubled. They used all the funds they could to carry out the repurchase plan. The result was very gratifying. The shareholdings exceeded 40%, which was already a very safe number. Even if Lin Feng launched a crazy acquisition plan, they only needed to take some simple measures to prevent Lin Feng from annexing McDonald's and KFC. But this was also a dangerous signal. The bosses of both companies borrowed money from banks for acquisitions. And because the stock price was too high, both companies were a little overwhelmed.

They could only hope that Lin Feng would retreat when he saw the difficulty, and then they would use future profits to repay the loss this time. This night, they were full of curses and resentment towards Lin Feng. A good life was destroyed by Lin Feng.

In New York, on Fifth Avenue, all traders were celebrating. Many traders even opened champagne and red wine that they had treasured for many years to celebrate. Celebrate the great harvest in the next few days. They firmly believed that since Lin Feng wanted to acquire McDonald's and KFC, he would definitely make a move. Because his reputation is here, if he ignores his reputation in order to make money, his loss will be even greater. After all, Lin Feng is the only person in the world with an A+ credit rating, including all countries.

If he breaks his promise, his credibility will inevitably be severely downgraded. The reason why he can become A+ is because he keeps his word.

"Cheers for the dollar!" The wine in New York is full of singing and laughter.

Lin Feng is also drinking, but he is tasting the wine leisurely and drinking slowly.

"Lin, what's going on?" Abby Cohen came to see Lin Feng that night.

Abby Cohen, as a Wall Street legend, a Wall Street gold medal investor who has seen through countless investment scams and accurately assessed the general trend several times, and as Lin Feng's royal investment consultant, she thinks this matter is very strange. The whole Wall Street is crazy, what exactly does Lin Feng want to do?

"Abby, my purpose is very simple, which is to recycle the "Starting Point Fast Food Restaurant." Lin Feng said with a smile.

Abby Cohen nodded. As for the recycling of "Starting Point Fast Food Restaurant", this was also her previous suggestion. The market value is too low, far lower than the value of "Starting Point Fast Food Restaurant" itself. Recycling at this time is to make money. If you don't recycle it, it would be stupid. But Lin Feng would not make such a big fuss and go to Wall Street to fool these people in person. This will anger the public and will not be good for its reputation. Moreover, Lin Feng did not let her be responsible for this recycling.

"I hired Madoff!" Lin Feng said frankly.

Madoff, this liar! Abby Cohen snorted coldly. In 2000, when Madoff created the "Madoff Investment Fund" and made the "Ponzi Scheme", Abby Cohen saw through his tricks. Of course, this does not mean that Abby Cohen must be so smart, but only that Madoff's scam is really simple, and you can see through it as long as you are a little smart.

Madoff promised that he would be able to provide 8-12% returns next year, regardless of whether the market was good or bad, and the returns would be paid to all investment members on time every month. This alone was enough to show that he was a liar. No matter how smart an investment businessman is, he cannot guarantee an 8-12% return every year, especially when the funds are extremely large, the returns are even more unguaranteed. Although it is common for people to get rich overnight on Wall Street, the probability of that happening is very rare. Most people make money by relying on years of experience and judgment of market expectations.

And the risks are very high. No one can absolutely guarantee making money. But Madoff promised that he could. This is a scam. Unfortunately, so many people were fooled because they were blinded by profit and because they trusted Madoff. Abby Cohen once commented on the ‘Madoff Fund’ in an informal setting and warned many people that the fund was risky. Unfortunately, no one believed it. Instead, some people refuted Abby Cohen’s comments as slander against Mr. Madoff. In this regard, Abby Cohen could only remain silent. He couldn’t confront Madoff for someone who had nothing to do with him. This breaks the rules of the game.

But Lin Feng went to Madoff even though he knew that he was a liar. This was not normal. This made Abby Cohen think of a possibility.

"Lin, you don't want Madoff's scam to deceive the world! If that happens, the world will collapse!" Abby Cohen exclaimed. (To be continued)

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