Chapter 2480 Financial Bomb

Before Chen Fei set off, he had verified with the government departments and received positive feedback before leading his team to the United States.

After listening to Zhou Zhi's explanation, Liu Fusheng said slowly, "I understand."

Zhou Zhi pondered and said, "Do you think it's Governor Tang's doing?"

Liu Fusheng said: "If he could get a positive response from the Provincial Department of Commerce, his position must be no lower than Governor Tang. As for the reason why he did this, I think it must be Mr. Wang Kecheng."

Zhou Zhi asked, "Is Wang Kecheng qualified to be connected with Tang Shaoying?"

Liu Fusheng said: "It is difficult to determine the specific situation. We need other evidence."

Zhou Zhi said: "Commander Bai sent a message asking us not to act rashly, let alone actively participate in this matter. He will contact you later."

Liu Fusheng's heart moved slightly. Even if Tang Shaoying and Wang Kecheng had set up a trap specifically for him, Chief Bai would not take the initiative to stop him from counterattacking. Now Chief Bai told Liu Fusheng not to act rashly, and then he would make a phone call personally. This matter should not be as simple as he imagined.

After ending the call, Liu Fusheng decided not to take any action for the time being.

A few hours later, Chief Bai's call really came to Liu Fusheng's cell phone.

"I've learned about the sudden situation in the United States. You've done a good job. It's the safest way to let the embassy handle the dispute. Don't get involved easily."

Liu Fusheng said: "I feel this matter is very complicated."

Chief Bai said: "That's right. After Chen Fei was arrested, some problems have arisen in the country. They are economic."

Liu Fusheng said: "What exactly is it?"

Chief Bai asked: "Do you know the P2P model?"

P2P?

Of course Liu Fusheng knew about it, and it was well-known to him.

"I've heard that this is a peer-to-peer fundraising model that allows individual investors to build a bridge between capital use and enterprises, thus achieving the goal of supporting the development of small and medium-sized enterprises."

Chief Bai said: "Yes, the original intention of this model is good, but in actual operation, it is full of various drawbacks. In the past, we advocated P2P to explore the feasibility of some new financial models."

"After a period of development, the state found that there were many loopholes that were easily exploited by criminals. These people falsely raised funds and illegally absorbed social funds, which constituted fraud."

"This model is developing very rapidly in China, and the number of people involved is unimaginable. If it is not handled properly, it is likely to cause huge social unrest."

Liu Fusheng understood what Chief Bai meant. The country's considerations always start from the overall perspective. The P2P model has many risks, but there are also many companies that need funds and are developing and using this model.

If the country takes severe measures, panic will inevitably spread and all investors will withdraw their capital, which will cause many companies to fall into a quagmire in an instant and even be driven into bankruptcy.

Since Chief Bai mentioned this situation, it must be that P2P has encountered big problems.

Sure enough, Chief Bai said: "After Chen Fei was arrested by the US government, several P2P companies in China collapsed one after another. The amount of money involved in these companies ranged from hundreds of billions to tens of billions."

"The funds they raised either disappeared or fled abroad with the money. Moreover, many fund controllers publicly admitted that they had collapsed and even ridiculed individual investors as fools and greedy idiots. This has a very bad impact on social stability."

Liu Fusheng took a deep breath. The fact that Chief Bai defined the incident as having a very bad impact meant that the matter was really too big.

Hundreds of billions of funds were raised from the private sector. How much money can ordinary people have? Some have millions, some have hundreds of thousands, and some even have tens of thousands.

The bankruptcy of hundreds of billions of dollars means that the assets of countless investors and countless families have been wasted. How terrifying is this force?

Liu Fusheng said: "They definitely planned it in order to cause social unrest."

Chief Bai said: "Yes, the country wanted to protect the interests of the vast majority of investors as much as possible, at least let them get their principal back, but we didn't expect that the other party would be so ambitious and do such a cruel thing."

Liu Fusheng asked: "Can we find out who is the mastermind behind those P2P companies?"

Chief Bai said calmly: "There is no clear evidence yet, but through clues, I can judge that this matter is related to the Tang family."

Liu Fusheng asked in surprise: "Tang Shaoxiong?"

Chief Bai said: "Judging from the economic strength and the cooperative relationship with national financial institutions and major banks, Tang Shaoxiong of Shengtang Group is indeed a huge suspect."

"However, we lack solid evidence, and we cannot guess why Tang Shaoxiong did this. He dare not touch the funds flowing overseas, because if this matter is verified, he will have no way to survive."

Liu Fusheng pondered for a while, then slowly said: "I feel that Tang Shaoxiong may be trying to save himself."

Chief Bai asked in confusion, "What do you mean?"

Liu Fusheng said: "You should know that Jia Guotao was arrested and brought to justice, right?"

Chief Bai asked, "Are Jia Guotao and Tang Shaoxiong also colluding?"

Liu Fusheng said: "Yes, I have communicated with Jia Guotao in France. After some probing, I determined that his partner was Tang Shaoxiong. It is certain that it was the Tang family who helped Jia Guotao flee overseas."

"After Jia Guotao was caught by the Central Commission for Discipline Inspection, he probably did not fully confess his crimes. His main concern was that his family was in Tang Shaoxiong's hands... If the comrades of the Commission for Discipline Inspection start from this aspect, I believe Jia Guotao will soon be unable to keep the secret."

"Tang Shaoxiong detonated the P2P financial bomb in his last-ditch effort."

Chief Bai asked, "What do you think his specific strategy is?"

Liu Fusheng said: "Tang Shaoxiong can use the influence of Shengtang Group to buy up the debts and claims of these bankrupt companies on a large scale from other investors at a discount or interest-free."

"His act of rescuing the market will surely earn him great prestige. All investors who can get their principal back will be grateful to him and build him a golden body of public opinion. If the country wants to deal with such a person, it will definitely have a huge social impact."

"Of course, this alone is far from enough. After all, merits and demerits cannot offset each other. Once the country finds out that Tang Shaoxiong is behind those companies that went bankrupt, they will definitely punish him."

"Therefore, Tang Shaoxiong must escalate the situation as much as possible."

Chief Bai pondered and said, "Could it be that Chen Fei's arrest was also related to him?"

Liu Fusheng said: "I am afraid that Chen Fei's arrest will cause panic in many high-tech companies. If the Chinese government does not fight back strongly, the United States will also go further and impose strict economic sanctions on related industries in my country."