After failing the college entrance examination, he spent tens of billions of dollars in online loans

"President Wang!"

“The situation is very bad”

"Things are deviating from our plan!"

“Currently users are reporting us for illegal fund-raising!”

"Relevant departments have begun investigating us!"

At this time at Wanda Real Estate Headquarters

The vice president said helplessly, their original plan

That is to follow the bankruptcy process

Just default on the debt, so that they can continue to use the borrowed money. As for the money from the revenue platform, they have already earned it back.

Moreover, they had laid the groundwork in the early stage, but the management body of Immediate Loan was changed, and it had nothing to do with Wanda Real Estate.

In fact, Immediate Loan is indeed controlled by Wang Lin, but in name, it has nothing to do with Wanda Real Estate.

The two companies only have a loan relationship, but there is no parent-subsidiary relationship.

within their expectations

Users will definitely be dissatisfied, but from a legal perspective, there is nothing they can do about it.

There are indeed problems with their platform, and they also have a lot of bad debts.

And users are running crazy

They couldn't bear it, so they naturally chose bankruptcy and liquidation. All of this was logical and there was no problem at all.

But, who would have thought that some users would directly report them for illegal fund-raising?

This problem is really serious, and this could be a criminal offense.

"How serious the problem is!"

"What are the chances of being found guilty?"

Wang Lin said with a solemn face. At this time, he saw the personnel of the Legal Department.

This time it was indeed beyond their expectations.

"President Wang!"

"Malaysia is operating legally, and we also made acquisitions!"

"Under normal circumstances, it would not be illegal fund-raising. The key point is that even if it is, it has nothing to do with us!"

"The key to the current problem is that the Madai platform mainly lends money to us!"

“Our funding ratio has reached 9%!”

"Now users have reported that we are illegally raising funds in disguise!"

"It's hard to explain this disguise!"

Yes, the Madaidai platform was indeed acquired by Wanda Real Estate. This is known to everyone across the country.

However, after they took over, they transferred a lot of money to their own properties.

Basically, it stopped lending to outsiders, and the remaining 1% was lent out before the acquisition.

It can be said that after they handled it, it was all money lent to themselves.

Under normal circumstances, they are indeed normal loans.

But it’s hard to say that it’s a disguised form of illegal fund-raising.

If you really investigate carefully, they won't be able to withstand scrutiny.

Their positioning of Immediate Loans is to provide them with financing.

This is indeed related to illegal fund-raising.

"Where is the opinion of the Legal Department!"

"What do we do now!"

Wang Lin's frown deepened.

"President Wang!"

“I think we can admit that Maidai admits that supervision is not strict!”

“It’s illegal lending!”

"At the same time, we will cooperate with relevant departments to return the loan!"

“In this way, we can get rid of the charge of illegal fund-raising!”

“Illegal fund-raising and illegal lending are different in nature!

The person in charge of the legal department said seriously, now they have no choice but to admit nothing.

If we really investigate, the situation will be very serious.

It's better to admit to a relatively minor crime directly.

Illegal lending is only an economic issue, and it is a matter of compensation for fines

But once the illegal fund-raising is done, I'm afraid they and other senior executives will be brought in.

Even the person in charge of the legal department was a little panicked.

Once the company is really identified, they will all bear legal responsibility.

They all want to go in, too.

At this time, avoid the important and take the easy. This is the way to save your life.

"no!"

“It’s simply impossible for us to return the debt in advance!”

"This will greatly affect the group's operations!"

"Where are we going to find more than 900 billion!"

Wang Lin is also in trouble. The money they borrowed was directly poured into the real estate.

We even built hotels and built squares.

This is a heavy investment. Once you invest it, it will take several years to see a return.

And once they have money, in addition to paying back the loans they must repay, they will also continue to use other money to buy land and build houses.

This is how the snowball continues to grow and the assets become more and more.

"Not bad!"

"Mr. Wang, it is difficult for us to come up with 900 billion at the moment!"

“Although we receive tens of billions of repayments every month, most of them require repayment of bank loans!”

“Take 900 billion in one lump sum, but we don’t have that much money at the moment!”

The vice president in charge of financial management stood up and said that they indeed did not have enough money.

If they really forcibly take out 900 billion, they are afraid that the entire group will be devastated.

This will directly lead to a lack of funds for a large number of real estate projects, and eventually the construction will be stopped directly.

This is a heavy blow to the entire group.

"The Legal Department!"

"Continue to explain to the relevant departments!"

"We can pay back the loan on time!"

“We will do our best to protect the safety of users’ funds!”

Wang Linzhong nodded. It was obviously impossible to pay back the money in advance.

This will undoubtedly hit the company hard.

But they can pay back the money on time. After all, these projects are all borrowed for three years.

After all, the opening cycle of real estate is three years.

It's only been half a year now, and their money has already been invested.

In more than two years, they can slowly raise money and be able to fill this hole.

can minimize losses to the company

"Yes!"

"We do our best!"

The Legal Department looked helpless. They were dealing with relevant departments, and the other party was a powerful organization.

This is not a business, you can bargain.

They can't control the other party's thoughts.

The only thing we can do is communicate more, explore the other person’s tone of voice, and adapt accordingly.

Wanda Real Estate had no response.

This makes users even more dissatisfied

They just want their money back

At this time, more users began to directly attack the headquarters.

Naturally, Wanda Real Estate directly called the police and asked these people to be evicted. After all, what real estate companies fear most is blocking the door.

For those who didn’t know, I thought it was because the building construction had stopped, which would affect their house sales.

Fortunately, they keep making announcements saying that this has nothing to do with real estate.

However, the properties involved are still affected. After all, those who want to buy a house have heard that all the money for this property is borrowed.

I'm afraid that I will simply run out of funds and eventually stop work.

It continues to ferment and is hotly debated across the Internet, attracting hundreds of thousands of users to defend their rights.

Finally, the worst news for Wanda Real Estate came

"Heavy!"

"Wanda Real Estate is under investigation!"