Because Cai Heshun was once the richest man in Huangyuan County and was well-known in the local area. Moreover, because he was modest and sincere and did not have any bad habits, he had a good reputation and credibility among the local people. Therefore, when his "Heshun" After the "Company" began to raise funds from the public, the people of Huangyuan County, civil servants, and coal mine owners, who had some savings at home, invested all their money in "Heshun Company" to earn as much as two or three cents in monthly interest. Some families even mortgaged their houses and invested in "Heshun Company" with bank loans. For a time, Heshun Company's funds skyrocketed. At the peak, Cai Heshun received an astonishing 80 million yuan in cash deposits in one day. The company's The accountant and cashier’s hands hurt from counting the money.
In this way, in just half a year, Heshun Company absorbed public deposits of 7.8 billion. Therefore, in addition to continuing to trade stocks and futures, Cai Heshun loaned all the remaining funds at a monthly interest rate of 5 cents. It was given to some coal mines, lead-zinc mines and real estate companies that were seriously short of funds, hoping to earn the price difference to achieve company profits.
In the first few months, those hundreds of millions of yuan of funds loaned out were able to recover the interest smoothly. However, as the economic situation continued to be sluggish, coal mines and real estate companies that had borrowed huge amounts of funds from "Heshun Company" began to have funds. The chain is broken. Many coal mine bosses and real estate company bosses are unable to pay loan interest and are forced to come to their homes by other creditors. In desperation, they can only choose to "run away". Suddenly, many wealthy bosses in Huangyuan County "Escape" has become a common trend, and many of the people who have run away are bosses who have borrowed huge loans from Heshun Company.
At this time, Heshun Company was in a precarious situation because it could not receive the interest on the loan and could not repay the principal. It could collapse at any time. Fortunately, Cai Heshun still had a good reputation and insisted on paying those loans on time. The investors who came to the company to make deposits wanted to wait until the country's economic situation improved and the prices of lead, zinc ore and coal increased to make a comeback.
However, at this most critical moment, the leaders of the county party committee realized that something was wrong and quickly forced Cai Heshun to return their deposits to them. Each of these leaders had put hundreds of dollars in Heshun Company. The monthly interest on a ten thousand yuan deposit is also higher than others, at three or even four cents. Therefore, they have been saving money in Heshun Company for more than a year, and everyone has almost doubled their money. At this time, they saw that something was wrong. Their deposits will be withdrawn.
At this time, Cai Heshun only had tens of millions of yuan in funds, and the deposits of those leaders plus interest totaled nearly 30 million yuan. If these deposits were withdrawn, Cai Heshun would have to raise funds on time. It would be very difficult for the borrower to pay the interest.
Therefore, Cai Heshun begged them hard not to withdraw their deposits for the time being and to let him survive this year. However, those leaders refused and threatened him: If Heshun Company did not return their deposits to them, they would He will be arrested for illegal fund-raising. Moreover, the funds they raised in Heshun Company were all recorded in the names of relatives, so they are not afraid of Cai Heshun exposing them.
Cai Heshun knew that he could not defeat these people, so he had to pay them the capital raised by these people with interest, and he borrowed another 50 million yuan from the bank to continue to support it.
However, not long after that, something unexpected happened to Cai Heshun, which completely destroyed Heshun Company.
It turned out that after the establishment of the investment company, Cai Heshun hired several traders from a talent market. One of them, Li Dongquan, was a native of Huangyuan. It was said that he had a high level of stock trading, so Cai Heshun made him responsible for stock market operations. plate.
At the beginning, Li Dongquan worked very hard and helped the company make some money on stocks, so he asked Cai Heshun to borrow 500,000 yuan from the company. He also wanted to use the 500,000 yuan to speculate in stocks. In order to make some money, he also swore to Cai Heshun that he would only make a profit from stock trading. He would only borrow the five hundred thousand for half a year and pay interest to the company according to the bank loan interest rate. After he made money, he would immediately Five hundred thousand yuan was returned to the company.
Cai Heshun was originally a very public-spirited and helpful person. Moreover, he saw that Li Dongquan did have some ability, so he also wanted to keep him in the company team, so he really borrowed 500,000 yuan. Yuan gave Li Dongquan the opportunity to trade stocks on his own, and generously said that he would not be charged any interest, as long as he returned the principal within half a year.
Unexpectedly, after borrowing 500,000 yuan, Li Dongquan actually put the cart before the horse and focused mainly on the control of his own private stocks, without caring about the company's stocks. In addition, the stock market plummeted, making Heshun Company in trouble. The stock market suffered heavy losses, and although he himself lost money, the amount was not large, probably only a few tens of thousands of yuan.
When Cai Heshun learned about this, he was extremely angry. He immediately fired Li Dongquan and forced him to repay the loan of 500,000 yuan.
Who knows, this Li Dongquan is very insidious. While working in the company, he took advantage of his position to hack into the company's financial computer and steal the information of some major customers who had raised funds in Heshun Company.
Just one month after those county party committee leaders withdrew the funds raised, Li Dongquan applied for a new mobile phone card at the mobile company, and then gave millions or even thousands of deposits to more than a dozen people in Heshun Company in the name of an insider of Heshun Company. Wan's major client sent a text message, saying that the capital chain of Heshun Company has been broken, and Cai Heshun will soon abscond with the money. Therefore, investors who have deposited money in Heshun Company are reminded to take advantage of Cai Heshun before he "runs away". Go and withdraw your savings quickly to avoid losing all your money in the future...
As soon as these dozen text messages were sent, they were like a bomb with huge energy, setting off a huge wave among all the fund-raisers of Heshun Company. For a time, all the customers who had deposited money in the company were panicked, and they were all crowded to Heshun Company. At the company's doorstep, they demanded that the company immediately repay their principal and interest, causing the company to face the most terrifying situation for any investment company: a run.
Fortunately, Cai Heshun is very adaptable. When everyone crowded to the door of Heshun Company to ask for money, he moved a chair, sat at the door personally, and said to the fundraisers who came to withdraw money on the spot: I am Cai Heshun. I will definitely not run away, but please give me time to avoid a run. If you don't come to withdraw money in advance as specified in the contract, the company will go bankrupt in an instant, and by then, everyone's money will be lost. Therefore, please don’t panic, let alone worry about losing your money. I am also working hard to recover the loan. As long as the loan is recovered, I will be able to repay everyone’s principal and interest on schedule.