Reborn Rich To Rival Country

Chapter 832 The Biggest Ponzi Scheme In History

And this p2c investment did not make much waves in Daxia.

There is no other reason, just because the threshold for this investment is very, very high, so high that even many rich people cannot enter the threshold.

When it comes to p2c investment, it is necessary to mention a person - Bode McDowell.

Before his life, he was a self-made financial legend, and an "investment master" on the same level as the stock god Bahuit!

But his identity before his death was the main culprit of the biggest investment fraud case in the history of the hegemony, and he was recognized as the "king of Ponzi schemes" in financial history!

He deceived as many as 37,000 people in 136 countries around the world, and the amount of defrauded exceeded 500 billion Baguo currency (according to the exchange rate at the time, about 4200 billion Daxia currency).

At that time, half the world's rich people were planted in his hands.

The first half of Bode's life can be said to be more like a reborn than Chen Mo, a reborn.

Bode, who started borrowing money to open a stock brokerage company at the age of 22, had a smooth journey and became No. 79 on the list of hegemony countries.

At the age of 43, he even became the chairman of Nadak's board of directors, leading Nadak to develop into a stock exchange that rivals the New York Stock Exchange, and later world-class oligarchic companies such as Pingguo, Guge, and Sike. All were listed on Nadak with his help.

In addition, he likes to do charity, and in the eyes of investors and the public at that time, he is simply a social model: modest, low-key, caring for the family, and benevolent.

It can be said that the first half of Bode McDowell's life was a happy and inspirational movie.

If at this time, he succeeds and retires, he can definitely become a stock legend like a stock god.

Unfortunately, he was not reconciled to it.

Beginning in 1994, after the 62-year-old Bo retired, he began to work as a private financial planner, and the annualized interest rate given was terrifyingly high: 30%!

And, whether it's a bear market or a bull market!

At first, Broad's clients were all acquaintances such as relatives and friends, but the high returns soon attracted more investors.

Soon, he was fascinated by the investment circle.

In this way, Bode successfully entered the circle of a handful of rich people at the top of the hegemony country, and began to lobby a group of rich people about his hedge fund record and considerable returns.

And at this time, Bode also made a high-profile announcement:

"In the future, we will only accept a single investment with a minimum of 100 million yuan or more!"

This threshold, not long after, became only accepting a single investment of more than 1 billion Baguo currency.

Even so, investors are still like crucian carp crossing the river. In the end, Bode only accepts a single investment of more than 5 billion yuan.

This is also the reason why almost no one remembers the p2c thing in Daxia.

At this time, the people who can enter the investment threshold of Bode in Daxia are just a little bit!

For these rich people, Bode still promises an annualized rate of return of more than 30%, no matter whether the stock market is in a bull market or a bear market, it will be unstoppable.

While offering high returns, Broad also has requirements for investors: he is not allowed to be listed as an investment advisor in any marketing materials. He is also very secretive about the fund's operation and investment strategy. If the "client" breaks the casserole and asks to the end, he refuses to accept the client's investment.

I have to say that Bode has a very precise grasp of human nature.

For many, putting money into Broad has become a status symbol.

Who makes people a legend in the stock market and the former chairman of Nadak? He has great powers and can definitely achieve the benefits that others cannot.

At this time, Bode had already believed all his bragging rights, and every time he made a speech, he publicly boasted: "I make money in a rising market, and I also make money in a falling market. Only a market that lacks volatility will make money. Leaves me helpless."

As a result, the top and top rich people (like Ren He) in every country in the world are begging for Bode to help them manage their finances.

The myth of Broad's "perpetual motion machine of wealth" broke down in 2001, which is the most recent period.

A certain customer of Sunset Empire was attacked because of his stock, so he urgently requested to transfer funds of 10 billion hegemony currency.

To be fair, it's just 10 billion hegemony currency, which is just the funds of two entry-level customers of Broad.

What the customer didn't expect was that it was not the funds, but the reveal of a scam.

The 10 billion hegemony currency is the last straw that crushed Bode. Bode confessed to his two sons: "I have nothing now, and I have lost at least 400 billion yuan."

And his two sons, at Bode's behest, chose to issue a newspaper warning to Bode to keep their property safe.

One of the largest financial fraud cases in history also surfaced.

It turned out that Bode didn't invest the investor's money at all, he just played a trick of "demolition the east wall and repair the west wall":

Treat new investors' money as interest to old investors.

In other words, the so-called investment projects are all made up, and Broad just used his industry status and contacts to carefully design a huge "Ponzi scheme":

Using hedge funds and using fake investment projects as bait, they have attracted huge sums of money from financial institutions, individual investors, senior bankers and wealthy celebrities by promising high yields of 20%-30%.

In the end, this scam was developed by Bode into a pyramid structure, pulling people's heads to get a commission, then tearing down the east wall to make up for the west wall, and using the funds of the later entrants to send money to the first entrants.

The ending of drumming and passing flowers is collapse, and most people lose their money.

After thinking about this, Chen Mo asked, "What is the rate of return of this p2c?"

"More than 30 points a year, regardless of bull market or bear market." Ren Hedao.

Chen Mo sighed and shook his head: "Mr. Ren, listen to my advice, don't touch this business, stop it."

Ren He frowned and said, "Chen Tianwang, is there anything wrong with this business?"

Chen Mo said bluntly: "Let me tell you that, even if it were me, I would never dare to promise that I can give you a 30% rate of return for one year regardless of the bull market or bear market."

"30% a year, ten years? That's a dozen times the income!!!"

"Even if you invest 10 billion and sit still, it will appreciate to more than 100 billion in ten years. Is it possible?"

"This..." Ren He heard the words and felt that it was inappropriate.

But Ren Shu was not convinced, and said directly:

"This p2c investment is the latest wealth management product based on the concept of hedge funds and the Internet launched by the famous Mr. Bode McDowell!!!"

"Does Bode McDowell know? He is the former chairman of Nadak, and the Nadak trading system was created by him!"

"You can't do it, how do you know that others can't do it?"

This investment quota was obtained by Ren Shu's hard work and trust! ! !

You know, how many top rich people in the world now want Bode to help with financial management, and they can't ask for help!

Although Chen Mo is expensive as the king of heaven, he is more than 108,000 miles away from Bode McDowell! ! !

"How do you talk to Chen Tianwang?" Ren He scolded.

Then, Ren He smiled at Chen Mo and said, "Chen Tianwang, don't mind, my son speaks straight. However, I heard that Mr. Bode McDowell's investment is quite reliable!"

"Many financial institutions, banks and even the royal family of the Sunset Empire, Lanxi Empire, and hegemonic countries have invested in him. For 20 years, they have not lost a penny of interest."

Chen Mo nodded.

It is such a scam with obvious loopholes, but Broad has miraculously maintained it for more than 20 years, and has developed into the largest Ponzi scheme in the history of hegemony.

More importantly, he was deceived by the richest and most shrewd people in the world:

Rich and famous, financial institutions, senior bankers, royalty...

It can only be said that Bode's deception is too superb.

Chen Mo summed up Bode's four unique tricks: 1. Use high-end venues to establish a network of contacts; 2. Make a reputation of "investing to earn"; 3. Develop a "pyramid-shaped offline", with high commissions for attracting people; 4. Stable and reasonable rate of return.

Through these four unique tricks, coupled with his own industry reputation for many years, it is easy to deceive the trust of the rich!

Chen Mo simply stated: "I think this p2c investment is not only inappropriate, but more like a Ponzi scheme!"

With a single word, it was like a boulder entering the sea, setting off thousands of waves!

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