"Zhang Jun, the private equity firm you recomnded last ti was really impressive,"
Zhang Jun was in his office when he suddenly received calls from several partners he knew in his circle.
They were all wealthy individuals who disliked keeping their money in banks.
Like most global tycoons, they preferred to invest their money in investnt banks or fund managent companies.
That’s because the 3% annual interest rate offered by banks was simply too low.
This is also why there are trends toward having tens of thousands of private fund managent companies of various sizes dostically.
Zhang Jun had previously seen Gu Feng’s company guarantee a 30% return rate to clients and had urged his partners in his circle to buy Tianfeng’s fund products.
Initially, he was waiting for Tianfeng to fail to deliver the promised returns, expecting his partners to complain collectively and cause a scandal!
At that ti, he would take down Tianfeng and teach Gu Feng a lesson about the harsh realities of society!
But, unexpectedly, what he got were calls of thanks from his partners.
Not just one.
Almost all the partners he had recomnded called to express their gratitude.
Although they hadn’t made a lot of money, they had discovered a highly profitable investnt avenue!
You might think they don’t understand funds, right?
But they do!
As the financial city of Dragon Nation, the locals of Jiangcheng, who grew up with finance, who doesn’t understand it?
It was precisely because they were so knowledgeable and, seeing Tianfeng’s staff daring to sign guarantee regulations, that they also dared to try!
After all, in front of the unchanging 12% to 15% annual returns, soone daring to offer a 30% return was incredibly tempting.
The consensus in the capital circle is, if there is a profit over double what was previously offered, they would take the risk!
Unexpectedly, they really bet right!
In just 7 days, the sensible investnt of a few million dollars indeed returned a 30% profit.
So individuals even received a 60% return they had bet on!
The money and returns they invested was trivial for them, but as ntioned earlier, the managent company’s capabilities were indeed eye-opening.
"They really gave you the returns?" Zhang Jun was surprised.
The clients he introduced had almost all made money!
The client happily said, "Yes, according to the signed profit ratio."
Zhang Jun smacked his lips, "You need to make sure you can withdraw the cash? You need to know that the operating account and backend data the company gives you are just their unilateral technical presentation. You need to ensure you can really cash out to your card, only then it’s real."
Partner: "I can withdraw. I invested 2 million and have already withdrawn 2.4 million to my account, no deception."
Zhang Jun’s mouth was sowhat dry, "This high return, where do they get the money from? You’re sure there are no problems?"
Partner: "No problem, I was also worried about the money potentially being problematic, even consulted with the bank specifically, there’s no issue with the legality of the funds, if there were any issues, they would freeze it and the police would have notified ."
Zhang Jun was becoming disoriented.
Driven by ugly jealousy, he imdiately said, "Have you considered that this might be a pig butchering scam? They could be baiting you with small amounts now, only to encourage you to invest more next ti, maybe up to ten million, and then completely scam you? That way, they would earn back their principal and profits!"
Partner: "Pretty much, I felt it might be a scam too after receiving the money, so I withdrew it and haven’t reinvested."
Zhang Jun: "Have they contacted you, asking you to invest more money?"
Partner: "I’ve heard they’re raising 5 billion next ti, but they haven’t contacted ."
"That’s exactly it," Zhang Jun said knowingly, "They are playing hard to get, waiting for you to ask proactively; it’s definitely a scam."
Partner: "But, I have investigated, many people participated this ti, including a few top rich second generations like the young master of Tangchen and other wealthy young n. Moreover, Mr. Guo of the Wealthiest Guo family invested 30 million in the sa batch I did, and not counting the principal, he made a clean 57 million!"
Zhang Jun’s pupils shook.
Damn.
He was envious of that money.
After all, his family’s foreign trade company’s annual dividend was only about one hundred million, and in just a few days, soone had earned what his family made in half a year!
His eyelid twitched, "Where did you hear that from? I didn’t know about it."
Partner: "I paid a high price to get this news, now everyone in the circle is looking for a way to join this round of Tianfeng, and I’m calling you, Mr. Zhang, to ask if you have a way to help inquire, I want to continue investing."
Zhang Jun, infuriated, said: "Then why don’t you just contact the previous manager and tell him you want to keep investing?"
Partner: "They unilaterally cancelled my account, I called to ask, and they told the shares were filled! Mr. Zhang, can you help talk to them?"
Zhang Jun frustratingly hung up the phone.
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