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American Fortune Life - Chapter 1071

Published at 7th of November 2021 08:20:03 AM


Chapter 1071: 1071

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In New York City, a big cloud came in the early morning. The air was humid and the rain fell heavily.

As soon as the weather is warm, there is a subtle smell of NiO in the subway station. Even so, there are still people eating breakfast here. At the exit of the subway station, people crowded under the shelter, and watched the water converging on the sky and the ground. Many people are noisy, whispering to each other in different languages, mixed with laughter, combined with the sound of rain, which is full of rhythm in the chaos.

A pair of fast-moving black motorcade didn't care whether they would dump the water on the passers-by, and rushed to Midtown Manhattan.

885 Third Avenue is a 34 story red oval granite building. Because it looks like lipstick, New York calls it "lipstick building". An office building named after cosmetics may be the center stage of the biggest financial scam in history, and the dazzling whitewash may hide the reality that is far less brilliant.

On the 19th floor of the building, the employees of Madoff investment securities are busy with the company's "main business" stock trading. On the 18th floor, they focus on the company's computer and administrative work.

There are also 17 layers called "hedge fund layer" in the company. From here, for 20 years, the accounts under the name of Madoff company can generate nearly 1% of the income on time like a clock every month, no matter whether the stock market goes up or down...

In fact, what Madoff has done on the 17th floor of the mysterious lipstick building is to weave carefully and maintain his deception day by day for decades, including forging all kinds of documents, such as tax returns, transaction confirmation, bank transfer certificate, etc., for the fictitious investment and transaction projects.

In the square of lipstick building, there was a rush of braking and door slamming. Dozens of people wearing the blue and dark blue uniforms of FBI and OCC rushed into the lipstick building in the heavy rain.

The stunned and panicked staff of the building didn't know what was going on, but they made way for the indifferent agents one by one.

Both elevators are occupied by them, and even a group of people handle the stairwell. Even the fool knows that something important has happened.

The receptionist on the 19th floor saw a group of aggressive people coming to the door of their company, some flustered just wanted to pick up the phone to inform someone, and was pressed down the phone by an agent who stepped up quickly.

"This is the FBI. Please cooperate with us. Thank you for leaving."

Hua La -

a group of people directly pushed open the glass door of the general office, and quickly distributed the whole scene in the astonished eyes of the staff.

"We're the FBI. Please raise your hands, stand up slowly and leave your position. Don't make any extra moves..."

At the same time, the scene is also staged on the 18th floor. On the contrary, the 17th floor is in trouble. Looking at the closed iron door of the password lock, one of the detectives who is blocked at the door presses the headset in his ear, walks forward and begins to input the password according to the prompts in the headset.

"Click!"

"Hula --"

the agents blocking the door rushed into the door, rushed to the target person and controlled everyone. Then a group of agents with suitcases began to sit in front of the computer under the eyes of the frightened employees and began to collect and save all the evidence.

In an office filled with all kinds of folders, just like the office in the sundry warehouse, Madoff looks at the agents who rush in with a little consternation. Before he reacts, they control him and take away his laptop.

"Mr. Madoff, there is evidence that you are suspected of securities fraud, investment consultant fraud, mail fraud, remittance fraud, three money laundering crimes, providing false evidence, perjury, providing false reports to the CSRC and misappropriating funds from employee benefit plans..."

Madoff, who had been stunned but still calm, listened to a accusation from the other side. His face was completely gloomy, his eyes twinkled, and he listened to the other side's explanation of his power. The whole person seemed to be occupied by decadence at once, and finally his expression became calm. He breathed a deep breath of dullness, and the tight string in his heart suddenly broke It seems to be a relief.

The great deception that lasted for 20 years finally came to an end.

Of course, this is just for Madoff, an old liar, but for Wall Street, New York, the United States and the world, May 23 is just the beginning of a big show.

When the FBI four people watched Madoff walk out of the lipstick building, reporters and cameramen who had been waiting for a long time at the door immediately surrounded him. The live broadcast car on the road had the logo of AMC cable news station...

In the morning of heavy rain, people across New York and the United States were stunned as if they had pressed the pause button. Watching the live broadcast of Madoff taken away by the FBI on AMC cable news, the host of the broadcast hall was red with excitement and wanted to fight chicken blood to introduce the 20-year-old Macintosh deception to everyone.

At this moment, no one thought about where the news and materials of AMC cable news station came from, because everyone was shocked by the news. Some rich people who put money in Madoff's place were even more devastated. Some old rich people fainted directly, and more people were panic stricken and picked up the phone to call Madoff...The collapse of Wall Street gods shocked Wall Street, shocked the United States and the world.

AMC cable news's trump card hosts the documents in his hand and begins his hysterical speech......

"Maybe God didn't think Wall Street had caused a big enough disaster, and he sent" Madoff's deception "like adding fuel to the fire.

It's funny that Madoff's English is just "mad" plus "off".

Now the whole wall street is in a mess, investors are almost crazy, Madoff is finished...

But the tide of questions is just beginning. Why can Madoff create such a large-scale case by himself?

Why can't those investment institutions with top financial experts recognize such an old scam?

What are American regulators doing to keep him from being discovered for 20 years?

How does the Madoff case affect the economic crisis? Will the US financial market collapse...

Let's see, more than 40 institutions around the world step on thunder... HSBC became the biggest disaster victim... The top banks in Europe are on the ship... Four French banks suffer... Sovereign wealth funds may also fall into this category... The financial giant is dragged into the water... As many as three million victims

"Bang!"

"Fxxk! This bastard!" Paulson's face was livid, his teeth were gnashing, he slapped the table angrily, and watched the host of the list of banks and enterprises that had been injured on TV. He was a little mad.

Hamilton on one side can only show a very bitter smile. He naturally knows who the bastard is in the mouth of the treasurer, and who else besides Andy Smith!

"The Dow Jones index is down 4.60%, and today may be the biggest point drop in the history of US stocks... Affected by this, the stock prices of the banks and enterprises that have been named will plummet. He handed us the gun and then killed us one by one. We have to do this and have nothing to say. "




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