Siheyuan: Struggle Begins in the 1950s

Chapter 580 Xu Damao's Ponzi Scheme

As his domestic business grew bigger and bigger, Wang Jianjun's business in Xiaorizi was booming.

The aftermath of the Plaza Accord has finally emerged.

The Japanese currency is appreciating and the US dollar is depreciating.

It is becoming increasingly difficult to export our products.

Those entrepreneurs who rely solely on exports are getting extremely anxious.

Plus, bank interest rates are ridiculously low.

In the end, all the money in the market suddenly poured into the stock market and the real estate market.

The housing prices in Xiaori can be said to change every day.

Stocks are rising steadily.

This creates an illusion of a normal life.

As long as you invest money in the stock market, you can make money.

The bull market in Xiaoshi also attracted a large amount of overseas funds.

When foreign investors saw the stock market conditions in Xiaorizu, they swarmed in like sharks smelling blood.

Massive amounts of funds flowed into the stock market, causing it to soar like a rocket.

At this time, the bubble of daily life had become very serious.

But most people in their daily lives don't care about this at all.

They only have one feeling, that is, they are rich.

There is only one thing to do when you have money.

That's all about buying, buying and buying.

As a result, various luxury goods stores in Xiaoshidai are making a lot of money.

Among them is Wang Jianjun’s Haizhenhui.

His shop now holds an auction every few days to sell tuna and other seafood.

In this day and age, tuna is considered a rare fish.

In the 70s, the deep-sea fishing industry had already developed.

This has led to many seafood products being overfished.

A good-looking tuna can be auctioned for hundreds to tens of millions of Japanese yen in ordinary days.

A few years ago, Wang Jianjun chartered a boat to catch some live tuna.

Now the space is flooded with various giants.

Of course, those who are living a life of luxury and extravagance now could never imagine that four or five years later, these people who spend money like water will be in high-rise buildings and are experiencing a free fall.

Wang Jianjun naturally would not sympathize with these people, and asked Shen Maiqiu to pay attention to the economic market here.

He didn't know that he had intervened in this era.

Will the bubble of our easy life be burst ahead of time?

Therefore, the safest way is to plan your exit six months in advance.

Now you don’t have to worry about so many things, just rush in.

Wang Jianjun's business is getting bigger and bigger. On the other hand, with the support of Xu Damao and Cui Dake, Wang Lin's fame is also growing. He has now become the number one qigong master in the city of Sijiu.

Even his fame has spread overseas.

If he were in later times, Wang Lin would definitely be a successful magician.

Under Wang Lin's deception, some wealthy people and celebrities in China believe in him very much.

Many wealthy and powerful people choose to worship under his name.

Wang Lin captured the hearts of those people directly with his words that qigong can change fate and fortune and prolong life.

Among fame, fortune and longevity, there is always one thing that these people like the most.

Xu Damao saw that those people had begun to blindly worship Wang Lin.

He immediately decided to start this Ponzi scheme.

The three first used the company registered by Cui Dake to launch a Xingchen 10,000-yuan household plan.

Cui Dake first fabricated several myths about people earning ten thousand yuan each.

Most of them became real ten thousand yuan households by joining the so-called Star Ten Thousand Yuan Household Plan in less than a few months.

As for the content of the plan, it was also very simple. The general meaning was to claim that their company had connections in Hong Kong, and through those connections they could get an "internal approval slip" for a major Japanese brand of color TV. For every 1000 yuan invested, they would get a 50% return in three months.

The story is told in a coherent manner.

There were even people who had experienced it firsthand and spoke out on the spot, using their own experiences as examples to prove the authenticity and reliability of the plan.

Then an agent from Hong Kong businessmen came out, wearing a suit and gold-rimmed glasses, speaking Hong Kong Mandarin mixed with Cantonese, and calling himself Mr. Xu.

Of course, this so-called Mr. Xu is actually Xu Damao.

After some deception, those people were completely stunned.

Of course, if you really look into it carefully, you will find that most of these people are Wan Lin’s core disciples.

They are all Wang Lin’s die-hard fans who were bought with money.

But with Wang Lin, a charlatan, as a guarantee, most people would not doubt that these things are fake.

This is the credibility of a charlatan.

The first people to be deceived were Wang Lin’s disciples.

After being fooled by Wang Lin, the disciples simply invested some money to see the effect.

After all, you can get a 50% rebate in just three months.

Such profits can be said to be very considerable.

If there really is such a high rate of return, I would definitely choose to invest here.

But those people won’t invest much money.

Put in a few tens of thousands of dollars to test the waters first.

These rich people are all shrewd people, and not all of them can be fooled so easily.

But they didn't expect that there is something called a Ponzi scheme in this world.

Even those who have heard of the Ponzi scheme in later generations would easily fall for this type of scam.

Not to mention this era.

But a month later, when these investors received their first dividends, they couldn't sit still.

After all, nothing is more tempting and convincing than the actual money in your hands.

Those who invested a small amount of money will feel nothing but surprise and regret.

I wish I had known the profits were so high.

They would certainly invest everything they had.

After all, if you can get a 50% rebate in three months, you can make back your investment in half a year and double it in a year.

The country has only been reformed and opened up for a few years. Is there any investment that can be so easy and make money quickly?

Therefore, after receiving the first dividend, those investors immediately told Xu Damao that they would continue to increase their investment.

And this time it’s not just tens of thousands, but hundreds of thousands or millions of dollars of investment.

At this time, Xu Damao raised another point, that the Xingchen Ten Thousand Yuan Household Plan should be made bigger and stronger.

As long as they can attract more people to invest, they can get a rebate of 200 yuan for each person they attract.

And they can take one percent of the profits from those investors behind them.

When the first investors heard this, they thought it was a promising idea.

By inviting people to invest, not only can those people make money, but you can also earn more.

Although one person doesn't earn much, as long as you attract enough people, the accumulated income will be considerable.

This is a win-win or even a win-win-win situation.

So those investors immediately promised that they would invite their relatives and friends to invest after they returned.

After hearing what these people said, although Xu Damao looked extremely calm, he was actually very happy in his heart.

It was worth it that he had been working on this for so long.

Now these people have been blinded by the high rebates.

Even those who are in the game don't know the situation.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like