Chapter 1119 - 450: Dead End for You-Know-Who
Basically sorted out the riffraff, meaning Tina’s happiness with her playmates finally made it onto the agenda.
So, all the good friends formed stable card-playing buddies.
Pan Ting’s team was the weakest, but with Fang Feifei hanging on their thigh and Yu Yun as backup, they emphasized quantity to win, using a strategy to fatigue the enemy.
Orange team ranked second to last, Sister Da Cheng was fierce, but Sister Tian Tian couldn’t bring herself to cooperate sincerely... Anyway, not all her fault. Sister Da Cheng never truly intended to cooperate, more like stirring up trouble just for laughs.
Therefore, they’ve effectively become the weakest, struggling every time.
Tina’s card group was of average strength, but their skills were outstanding and they were open-minded. Plus, they’re very busy, Han Lie occasionally treats them like dessert to spice things up.
The Bai sisters, thanks to their home field advantage, were undefeated to date, with the prestige of Tang Chen Yi Pin as fierce as a dragon’s lair and tiger’s den.
No wonder those big shots focus on their careers. Probably all had some tragic stories in their youth...
Juggling between tender love and ferocious challenge, Han Lie spent the whole of May in ease.
In late May, Bai Yuqiu both successfully and unsuccessfully divided up the desired property.
The unearthed 11% shares of Gao Yuan Real Estate undoubtedly shifted to her hands. On the second day after maturity, a forcible execution application was submitted, and ownership was transferred after three days.
However, the 130 million in cash penalty was extremely problematic.
Gao Shenmingda Commercial Trade’s assets were transferred secretly to a third-party company, whose legal representative wasn’t Gao Diaomao, although the money flow suggested he was the actual controller. But this old jerk started playing tricks.
In this situation, Bai Yuqiu could only file another lawsuit to claim the debt.
Winning was certain; just who knows how much longer it’ll be delayed.
Civil economic disputes differ from divorce litigations, the former is more prolonged and the experienced troublemakers have plenty of ways to "mess with" the plaintiff.
Judging and enforcing economic disputes have always been major issues, Liu Minghao can guarantee winning, but can’t ensure the opponent won’t resist.
But it’s not a big problem; once the 11% of shares is in hand, the difference is only between more profit and less profit.
At the beginning of June, when Gao Diaomao was most pleased with himself, the Central Ring New City project unexpectedly exploded.
It started when a special investor who bought the product went to the construction site to inspect the project’s development condition.
Since the foundation was laid at Central Ring New City, it’s been dragging along like treading water; a huge construction site, with fewer than 10 workers posing around, occasionally noisily running two machines to consider the task accomplished.
No way around it; the funds were moved!
Most were used to supplement the land transfer fees for the B113 plot, while a small portion was transferred by Gao Diaomao personally under the guise of debt repayment. There’s really no money for actual construction.
In fact, this situation proves Gao Diaomao wasn’t crazy.
If he’d gritted his teeth and set up a fly-by-night construction company with inadequate qualifications, quickly cutting corners to erect a rough semblance of a house, then regardless of who comes to see the site, at least no visible issues on the surface.
But that approach would cause bigger problems.
In recent years, it truly hasn’t been easy domestically to find developers daring to skimp on foundations, loads, or the main structure crudely.
Mainly due to rigorous investigations, heavy sentencing, lifelong accountability; Gao Diaomao doesn’t feel he’s defrauding anyone, hence no need for unnecessary moves.
As a result, the issue was discovered by that investor at the construction site.
And then, so coincidentally, that investor somehow got many major investors’ contacts and started spreading the word clandestinely.
Upon hearing such explosive news, the investors couldn’t sit still.
The money was taken; the promised project is a sham; what’s the developer actually up to?
Extremely terrifying upon reflection!
Outraged investors flocked to Magic Capital without notice, went to inspect Central Ring New City firsthand.
Results were disheartening.
Some immediately wanted to confront Gao Yijun, some wished to expose the insider story online. Then, again, that investor stood out.
"Everyone please calm down, find someone and investigate where Gao Yuan Real Estate misappropriated our funds!"
Coincidentally, he happened to have a friend’s aunt’s nephew working at Gao Yuan Real Estate, quickly dug out its operations. Critically, Gao Yijun stealthily siphoned off one-third of the project funds first thing.
News came back, sparking widespread anger!
"Can we already sue him?"
"Yes, sue him!"
"What reason? Fraud or illegal fundraising?"
"Hey, why don’t we try talking to him first? Primarily aim to get our money back..."
Someone chickened out, mainly not wanting their investment to go down the drain.
Someone else worried about another thing: "The contract does strictly prohibit embezzlement, but based on that alone, he can’t be toppled, right? After all, the completion date is set for next year, it’s still early..."
Once more, the kindhearted brother came up with a suggestion.
"Requesting a refund has no legal basis; if he ignores us, we’re utterly helpless.
The urgent task is to file a report.
Only by case-being established can we freeze his company’s accounts and personal assets; the guy has already started transferring assets, who knows if he’s planning to flee with the money?
If he escapes abroad, the company bankrupts, we’re likely to lose everything..."
The phrase "lose everything," had immense impact, instantly aligning everyone’s thoughts.
