Chapter 1029: Fraud of the Century

With the continuous development of the economy, around the Vienna Stock Exchange Center, a unique financial street has gradually formed.
Here gathers one-third of the banks of the Holy Roman Empire, 45% of the securities companies, and other financial companies.
It can be said that all financial companies with a little strength have set up their bases here. The strong one owns a building.
Of course, there are few who have strength anywhere. It is not possible for ordinary enterprises to own an office building in the financial world, even if it is leased.
It's not just a question of money. There are so many rich people here, everyone knows each other's details, and pretending to be a fool becomes a fool.
With a sense of anxiety, Abbernell quickly stepped into the Newfoundland Building and rushed to the Appel Commercial Bank where he worked.
As an old-school commercial bank in the German region, Appel Commercial Bank has not only failed to keep up with the tide of development due to poor management, but has gone from bad to worse under the impact of competitors.
Especially in the stock market crash a year ago, Appel Commercial Bank had a large number of bad debts on its books due to a mistake in judgment.
Appel Commercial Bank, on the verge of bankruptcy, changed hands quietly and without interest. As a new employee after the bank changed hands, Abba Bernel, who has just entered the society, has been "respected" by his boss from the beginning.
It's just that now Ababanell doesn't want this kind of "respect." Providing loans to the Spanish government is stimulating when you think about it.
It's not that Ababanel is arrogant, but Appel Commercial Bank is limited. "Seventy million" Aegis' loan can make up less than half of Appel Commercial Bank.
It is obviously impossible to drain the funds, and the supervisory department of the Vienna government is not an idiot. This kind of stupid behavior that may trigger a run crisis will definitely attract interference.
He personally explained the risks to his boss, not only did not play a role, but the arduous task fell on Abbernell.
According to the boss: "Stop the courageous and starve the cowardly." If the family can't take it, find someone to work together.
Originally, Abba Bernel thought that to find someone to join forces was to find a few colleagues to form a bank group. If this is the case, although the risk is a little bit bigger, it is not impossible to have multiple banks share it.
Soon Abbabernell discovered that this was not the case. The Appel Commercial Bank did not appear in the bank group that issued loans to West, but the loan still exists.
This means that the 70 million Aegis commercial loan they are now undertaking is not the same loan agreed upon by the Vienna government and the Spanish.
High-risk international loans, no government intervention, no strong mainstream banks to participate, Abbernell very much suspects that this is a joke.
The reality told him that it was true. This loan does exist, and it is not a well-known big bank that has joined forces with Appel Commercial Bank, but rather small loan companies that have never heard of it.
Can these shameless guys come up with so much money? Abbernell was very suspicious that his boss was cheated.
...
"Abbernell, have you signed the contract with the Spaniard?"
As soon as he entered the door, before he had time to catch his breath, Abba Bernel greeted his boss' question.
Such an important commercial loan was handed over to a newcomer like him, and he was drunk thinking about it.
According to the bank's internal staff, Abba Bernel is the illegitimate son of the current president and boss. Otherwise, this kind of lucrative business would not be his turn at all.
If it weren't for the big difference in appearance, plus the confirmation that he was biological, Ababanell would have a kind of suspicion.
"Not yet, Mr. Adler. The Spaniards put forward new conditions. They require that after the contract is signed, the loan amount cannot be less than 10% in the first week.
This is a big deal, I dare not call the shots without authorization. We just agreed with the Spaniards to negotiate on this issue again tomorrow afternoon. "
Doubts turn to doubts, Abba Bernell still respects his Bole very much. Even if he suspected that the loan might have been approved by Adler's mind, Ababanell did not insist on opposing it.
Perhaps there are still unseen interests in it. For playing finance, it has never been possible without dealing with various forces. Sometimes it is completely normal to make a few loss-making transactions for secret benefits.
Adler frowned slightly, and soon stretched out: "Well, good job. This kind of thing is really not suitable for you to decide.
Tell the Spaniard that the loan time is too tight within a week. This kind of huge loan has never been so fast.
In order to reduce risks, we must prevent the Spanish government from misusing loans, and supervision is inevitable.
The bottom line is that the first batch of loans cannot exceed 3 million Aegis, and the weekly loan limit does not exceed 500,000 Aegis.
You can take care of the rest and try to fight for the bank's interests. "
Obviously, Adler's heart is not so calm on the surface. Especially after hearing the request of the Spaniards, the heartbeat accelerated after the first week of lending one-tenth.
It's just that Adler concealed it too well, and Abba Bernel had too much respect for him and didn't find out in time.
"Mr. Adler, the Spaniard has reached an agreement with the government and obtained a commercial loan of 70 million Aegis. Now we are..."
Before Ababanel could finish speaking, Adler interrupted: "Ababanel, you are still too young.
Although the Philippine War is over, there are still hundreds of thousands of rebels on the island, waiting for the Spanish to wipe out; now the Cuban rebellion has broken out again, and there may be changes in Morocco.
So many problems have gathered together, obviously the result of the intervention of international forces. I don’t know if Spain can win the war, but I’m sure that 70 million Aegis will not be enough.
If it is not really short of money, the Spanish government will not borrow from us. Although the risk is greater, the rewards are also substantial!
What's more, we are more of a lead. It is the small loan companies that really want to pay. Even if there is a problem with the loan, our losses will be limited. "
I feel there is a problem, but I don't know where the problem is. Abbernell, confused, nodded habitually.
After dismissing Abba Bernel, Adler sighed deeply and sighed secretly, "The heart is not old."
At this time, he had to rejoice that he did not hand over the business to the old fried dough sticks in the bank. Anyone who just left school can find the problem. If it falls into the hands of the old fritters, maybe now he will have to go to the supervision department for coffee.
Don't doubt everyone's enthusiasm for reporting. According to the regulations of the Vienna government, if you succeed in reporting serious violations of commercial loans, you will receive at least one-tenth of the total loan amount.
Seven million Aegis is enough to drive anyone crazy. You know, Appel Commercial Bank is not worth seven million. How can one miss the opportunity to get rich once?
Of course, Adler must also be prepared. Even if it is reported, the big deal is that if the loan is not made, it is not a problem to take yourself out.
The loan violation is not fake, but the violation is not in Appel Commercial Bank, but in the small loan company behind it.
It is obvious that there is no connection between the two parties. Even if there is a problem, Adler is only suspected and cannot be convicted. The bank is not a policeman and has no obligation to track down the source of investors’ funds.
Picked up the handset and dialed the phone. Adler said indifferently: "The Spaniards seem to have noticed something, you must speed up now.
I will sign a contract with the Spaniard as soon as possible. If the momentum is not right, I will..."
Before Adler could finish speaking, the other end of the phone interrupted: "Don't worry, Adler. I'm not a fool. The law of the Vienna government does not stipulate that investment companies cannot raise funds overseas.
Even if the supervisory authority finds out, it cannot convict us. You will not be involved in this matter. As long as the Spanish government does not breach the contract, the matter will not help.
The Spaniard has just reached a loan of 70 million Aegis, plus our loan, no matter how much the Spanish government loves to spend, it will not go bankrupt for a while.
As long as it is well controlled, every time the amount of loan is issued, even if the Spaniards discover our purpose, they will pretend not to know anything.
Help us finish this ticket, Appel Commercial Bank is yours. Whether it's making money and running away, or continuing to operate, that's all your business.
Seeking wealth and wealth, don't you dare not take this risk? "
...
At the end of the conversation, Rivera did not feel relaxed. For this big plan, he paid a big price.
Not only did he take advantage of a lot of favors, he took advantage of all the relationships he could use, and he even bet on his own net worth.
It's not that Rivera wants to take a risk, it's that the losses in the previous stock market crash were so great that they owed huge foreign debts.
The capital market is cruel, and there are no friends in front of interests. If he can't pay his debts, the first person to give him a sacrifice to heaven is a business friend.
Rivera also tried to persuade the creditor. In fact, it cannot be regarded as persuasion. If you want to recover the debt, you must let Rivera get rich first.
But bankruptcy is easy, but it is hard to get rich. The ways to get rich quickly are all written in the criminal law, and Rivera can only choose one of them to implement.
After thinking about it again and again, Rivera decided to cheat. This is an ancestral skill, the most skilled and the most skilled trick.
With the help of previous connections and creditors, Rivera quickly found a group of like-minded people.
Not only established a leather bag investment company, a small loan company, but even acquired an Appel commercial bank that was on the verge of bankruptcy.
Originally, Rivera was planning to find the Russians. After all, the Czarist government was corrupt enough, and by bribing a few officials to cooperate, the plan could be carried out perfectly.
It's a pity that the Russians are so famous that they can't fool investors when they are used.
As the economic crisis continued and small European countries continued to go bankrupt, Rivera was desperate for a time, and it was exactly at this time that the Spaniards emerged.
I don't have to say, I must catch it!
According to the plan, first sign a contract with the Spanish government with good returns, and then take the contract to go out to fool investors.
Sharing benefits, not afraid of the Spanish government’s non-cooperation. Anyway, once a thunderstorm occurs, the lending financial company will go bankrupt and run away.
No matter how high the loan interest is and how harsh the conditions are, anyway, the creditor has run away and naturally there is no need to repay it.
...
Throughout April, the newspapers of the Vienna government were screened by two incidents. One is the National Day military parade, and the other is two "70 million" Aegis loans.
The little-known Appel Commercial Bank is also an instant hit and has become a new star in the banking sector of the Holy Roman Empire.
For commercial banks, being famous is a good thing, which means that more business will come to the door; it is also a troublesome thing, easily attracting the attention of regulatory authorities.
However, Appel Commercial Bank and the Spanish government are cross-border loans, and the procedures are legal on the surface, but the interest is a little bit higher.
This is the freedom of operation of commercial banks, and people are not afraid of risks themselves, so there is nothing to say.
As long as the lending leverage ratio is within the scope of the country's regulations, the bank's cash flow is not tight and there is an obvious credit risk, the supervisory department will not intervene.
Along with the famous banks, there are also investment companies. At this moment, the salespersons are holding the signed contract and holding investment seminars everywhere.
As for the promise to Adler, only financing overseas and not doing things domestically, that is a joke.
The promise of the liar, if you can believe it, the world will not be deceived.
...
"The biggest opportunity to make a fortune of this century is here!"
"Understandable applause."
...
"Everyone will calculate an account together. According to the contract signed with the Spanish government, the handling fee is 12%. Then:
7000(1-12%)=61.6 million
Calculated based on the 11.2% interest per year, and the principal and interest are repaid in 30 years, we can deduct the first batch of:
67.4812=877.24 million
6160-877.24=52,827,600
In other words, for a loan of 70 million, the actual amount we need to pay is 52,827,600, and the actual interest rate has reached 16.6%. "
"Is that all?"
"No, we can also formulate the direction of loan use. For example, the Spanish government cannot refuse to specify the products of certain domestic companies in the future, as long as they do not exceed the market price.
This means that we still have an intermediary fee to earn, 10% for civilian materials and 30% for weapons and ammunition, isn't it excessive? "
"Comprehensive calculation is 20%, 5286.760.2 = 1,065,552, and the intermediary fee is 10.56 million if the fraction is rounded off."
"Here, in fact, for the 70 million Aegis loan, we have paid back nearly 37, and the return on investment has risen to..."