Blackstone Code

Chapter 138


Fake financial reports. Once any listed company faces such accusations, even if it was a “golden stock” sought after by people in the stock market at the moment, but after such a thing happened , It only takes a second, it will become a “junk stock”.

Junk stocks, stocks with no value, the entire markets understanding of the operation of a listed company mainly comes from the companys financial reports issued in each cycle.

There will be detailed business conditions, and finally an accurate conclusion, how much money they have made during this period, how much money they have lost, how much assets they have, how effective their operations are, etc… .

People outside the company, even people inside the company, may not have a comprehensive understanding of a company, plus this is an honest society, people are willing to believe that these listed companies will not make changes The bad behavior of data, so few people question whether the financial report data of a listed company is correct.

They actually lack the way to question. Even if they feel abnormal, they have no way and opportunity to solve the mystery in their happiness.

But I have to say that for listed companies, financial fraud is equivalent to standing on the side of an active volcanic crater. Even if you can’t fall, you will be burnt to death.

After Neos words were spoken, there were a lot of voices in the receiver of the phone. He could feel that these people were in a bad state, but he didnt care, because he and his wifes father had already Not the largest shareholder of the company.

If something goes wrong, the two of them, father-in-law and son-in-law, really cant get away, but other shareholders will not be better off. They will also face bankruptcy, which is also Neo firmly believes that even if he speaks out, these people will not inform the cause.

“Neo, Alban, you are a crime!”

“I’m going to report you!”

The Ristoan Group soon came out on the phone The largest shareholder of the board of directors was full of emotional out-of-control roars, and his voice was trembling in addition to his hoarseness.

Neo was very calm, and his voice was replied in a joking tone, “You can hang up the phone now, and then make a call to report my fraud in the financial report.”

“I believe the Federal Financial Crimes Investigation Bureau, Tax Bureau and the media will be very interested in your report!”

The Federal Financial Crimes Investigation Bureau is a branch of the Federal Investigation Bureau. However, an independently operated institution conducts investigations and crackdowns on all financial crimes.

Neo’s words caused the largest shareholder to be silent unexpectedly. After about four or five seconds of silence, other members of the board of directors immediately persuaded him. In case this person has a bad head, he can’t think about it. If you do, everyone will be killed by him.

After a short period of persuasion, this major shareholder has only one request, “You must explain your purpose of doing this. If you can’t convince me, I will immediately report your illegal behavior…”

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This sentence seems to be very vicious, but in fact it is just a kind of threatening steps. Of course, Neo knows how to go down the steps.

“Of course, sir, this is exactly what I want to tell you, because it is related to some of our next actions.”

“In fact, it started three years ago , Ristoans profit began to shrink rapidly, and the first loss occurred about two years ago…”

To put it simply, the president at the time Neo discovered that Ristoan had some problems and the flow of funds changed. Its slow, there are more and more products in inventory, and people have less money in their hands, and spending power begins to decline. A group company with hundreds of brands will inevitably face the same problems as small businesses.

Neo, Alban and his own cronies believe that this is not a simple phenomenon. At their request, the financial department revised the financial report for the first time, turning losses into continuous profits , And there have been growth points.

Neo who made this decision quickly got the result he wanted. Ristoan Group’s stock continued to rise in the stock market, and the increase in stock price made the loss insignificant.

In his own words, in the annual summary report, the sharp increase in the overall market value of the group company driven by the increase in stock prices is enough to make up for the operating losses.

This is a poison. In the case of continuous losses in the entitys business operations, the use of rising stock prices to conceal the facts of poor management seems to be a good thing for the companys stock price increase, but all this is based on falsehood Above the data.

To this day, two years of financial fraud are enough to cause Ristoan to fall in an instant. Neo did not even conceal anything. He told all shareholders in relatively cruel and cruel words that he and his father-in-law Alban had already cashed in. Almost half of the shares.

In other words, the shares they currently hold are not enough for them to control their current position.

Faced with the anger and curse of the shareholders, Neo and Alban did not care, and even a little proud.

Of course, there are actually a lot of crimes here. This is why Neo and Alban still hold the chairman of the board and the president of the group. They want to clear themselves of the crime, so its best The way is to keep those illegal operations from being held accountable.

“From what I know so far, Ristoan has actually reached a very dangerous situation. This is why I have to force Langdon…”

Langdon is The name of the mayor of Sabine.

Neo sits on a chair in the study, holding a high-end solid color in one hand, and a phone in the other. His eyes are a bit blurred, as if the smoke from a solid-colored cigarette has fascinated him. His eyes made him unable to see what was in front of him, as if his gaze penetrated reality and plunged into a void.

“Only by eating the most important core resources in Everfine’s hands, can Ristoan be able to quickly transform and obtain a glimmer of survival.”

“Originally, the secret between us and Everfine The negotiation is halfway through, but the Federal Tax Bureau’s investigation on it suddenly terminated our plan. If Langdon is not forced, we will not get the chance to save us from the quagmire, but from now on, we It still failed!”

Everfines shareholders have already planned to withdraw funds and return to their home countries to engage in post-war reconstruction. Those businesses and channels that were very valuable in the past have now become their tools for monetization. .

If it were not for the sudden intervention of the Federal Tax Bureau, Ristoan might have eaten the piece of meat they wanted.

Unfortunately, everything is destroyed.

The call was very calm, with only some heavy breathing sounds. No one knew that Ristoans current situation has become so bad. You must know that in the outside world, just the name of the group company can become The pride of many people.

In the state, everyone is proud of being an employee of Ristoan Group!

It is such a company that is on the verge of bankruptcy in Neo’s words, which is really hard to imagine.

In fact, this is not an accident. When Ristoans sales start to slow down, they are doomed to experience a cold winter.

Thousands of workers only have to send out a few million in monthly wages, but the speed of their payment and profit has become too slow.

On the one hand, dismiss some employees to save money, on the other hand, use financial fraud to raise stock prices, and then obtain the necessary funds by cashing out.

Many of the funds that Alban and Neo cashed out were actually invested in the company’s operations. Of course, they borrowed from the company in the name of a third party, and they were not so selfless.

Peoples silence made Neo very satisfied. Now everyone is basically united. He then talked about some of his own thoughts, “I have been in contact with the people on the Conservative Party, they are more than Langdon Its easy to talk, and I agree with some of my views and thoughts on the changes in the current industrial structure, and I am willing to try to cooperate with us.”

“They gave very preferential policies, and more importantly, this is an opportunity. Opportunity to get rid of the burden.”

“We will get rid of the workers and employees who are sucking blood on us, and leave directly with the wealth, so that all our previous actions will not have any The problem.”

“More importantly, I ask you to do nothing. One after another week, there will be rumors that I and Langdon are seriously at odds and Ristoan is disgusted by the governor. “

“When the time comes, our stock price will fall rapidly. I ask you to sell some stocks to lower the stock price. After the official intervention, I will announce the plan to launch a privatization.”

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“Then…, we can leave here calmly, and I make sure that each of you will not lose a lot of value.”

This is a long discussion between Neo and Alban. It took time to discuss the method. Their initial idea was to get the things they had discussed with Everfine, quickly integrate Everfine’s channels and advantageous industries, and reactivate these projects in their hands after the merger.

But now the situation does not allow, then the sword moves with side stroke, and leave here directly with the core of the company, while still leaving some troubles locally.

When the time comes, when people talk about Ristoan, they wont say that some people have tossed this company and had to leave here. They can even use Langdon and the governors dislike of them to make them The departure is full of certain political colors.

As for financial fraud, those who know will not say it, and those who want to make them bad luck will not know it.

Its a perfect plan, and even if someone raises these issues in the future, its nothing more than a fine. Its just a little money, and it may even be safe and sound, making it a very typical financial Operation example!

As long as the group company and shareholders do not hold him accountable, he does not even need to accept punishment-after privatization, he only needs to be accountable to the shareholders, and as long as the shareholders indicate that he will not be held accountable, he will Will not be prosecuted.

Of course, this is all for the future, what they have to do now is to tide over the difficulties!

He feels that what the governors staff said is quite right. Only united can tide over the difficulties. This is exactly what he is doing now, unite the board members, and complete this fast change!


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