Chapter 631 Ponzi scheme, making the cake bigger, email
Investigation Team 13, in the team leader's office, Elmer looked at Luo An eagerly.
Roan did not immediately agree to Elmer's request. After thinking for a few seconds, he said:
“Why hasn’t Bernard Madoff’s Ponzi scheme been exposed for so long?”
Elmer looked stern and thought of something:
“You mean, there’s someone else behind Bernard Madoff?”
Luo An shook his head and said:
“It’s not necessarily that there are people behind him, but that there are people who see through it but don’t tell it, and they just play this ‘game’ with Bernard Madoff.”
Anyone who has worked in the financial industry can see that there is something wrong with the fund rate of return created by Bernard Madoff. It is impossible to say that the wealthy tycoons and conglomerates on Wall Street cannot see it.
"I think so too."
Elmer said in a deep voice:
“Madoff’s foundation has investments from many large consortiums and banks, and even some European countries have invested money in it.
Because of this, I chose to investigate this matter secretly, without daring to disclose any information. "
Putting down the coffee cup, Luo An asked:
“According to your previous plan, when you find Madoff himself, those consortia will most likely get the information first and then transfer their funds.
“It’s dangerous, isn’t it?”
Elmer is a standard federal man. He attaches great importance to his own life and the safety of his family, but his deep conscience prevents him from quietly watching nearly 30,000 middle-class families being destroyed by Madoff's scam. The combination of the two made Elmer very confused.
Elmer smiled bitterly and replied:
“Initially, I wanted to find a suitable tax reason to investigate the financial status of any employee of Madoff’s foundation.
Roan waved his hand to interrupt Elmer and said:
The status of the consortium in the Federation is well known. Elmer's face was solemn. Luo An continued his analysis:
“No, I mean, your plan is too slow.”
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Luo An frowned slightly:
Roan did not answer Elmer directly, but took a coffee cup and analyzed it unhurriedly:
Then I "accidentally" discovered that there was a problem with Madoff's fund, and then followed the clues and continued to investigate to expose this matter. "
“I haven’t thought of a proper plan yet.”
“Before we expose Madoff’s scam, we need to clarify a few issues first.”
“What was your original plan? Can you tell me about it?”
“The reason why Madoff’s scam has been able to last for so long is not only because of his high status and skillful means, but also because the China Securities Regulatory Commission turned a blind eye and certain consortiums or organizations participated.
These financial groups are hiding behind and waiting for Madoff to make money for themselves. They are not afraid that they will not get their money back.
Elmer froze on his chair with a question mark on his face:
"What's the meaning?"
Once you expose this scam, not only Madoff himself will be angry, but the consortium behind him will also be unhappy. After all, for them, not making money means losing money. "
"I know that this method can easily arouse Madoff's vigilance and even force him to kill people..."
Elmer smiled bitterly and shook his head helplessly:
“This plan of yours…”
In the end, you can only get an empty account, and I’m afraid not a penny of the funds invested by nearly 30,000 middle-class families will be left.
At that time, if you can’t explain it, your colleagues and superiors will probably have other ideas about you, and your career path will most likely end here. "
“…” Elmer’s eyelids twitched. He had been thinking about how to bring down Madoff, but he really hadn’t thought much about what would happen after he brought down Madoff.
Compared with other departments, the IRS has a very special status, which makes the IRS-CI's working methods a bit simple and crude. Most of the time, people are arrested first, then the accounts are searched for evidence, and finally the interrogation is carried out.
So Elmer didn’t know much about handling detailed cases. After all, he specialized in the field. Seeing Luo An’s unhurried look, he quickly asked:
“Luo An, do you have any good ideas?”
“It’s very simple.”
Luo An didn’t sell it and said directly:
“Build the pie, look for the big ones, and move quickly.”
The relationship between federal officials and wealthy people is very interesting. Most of the time, people will always say that a certain rich man persuaded a certain official with money, but they will not say that a certain rich man ordered a certain official.
Because federal officials all know the bottom line: they are the ones with the power and can do things, but the rich must also come up with corresponding conditions.
This is why there are many “lobby groups” in Washington, DC:
The group of people in Congress and the White House are the ones who hold power. The wealthy people and consortiums outside can indeed allow them to introduce bills and regulations that benefit the wealthy people, but this process must pay a "price" or take some money. Out of "benefits".
If a rich person wants to break this rule and directly "order" a person with power, he will inevitably be attacked by other people in power, because this touches the bottom line of the person in power.
Madoff is indeed very rich, and has many friends who support and help him, but most of those people are on Wall Street and not many in Washington, DC.
A Ponzi scheme involving US$50 billion is undoubtedly a big case, and handling it properly is definitely a great achievement. Even FBI Director Robert or IRS Director would not mind showing up to support this case. .
“We need to find a leader who has a high status but lacks some political achievements.”
A flash of light flashed in Luo An’s eyes and he said in a deep voice:
“You directly raided Madoff’s company and took him away, and at the same time completely blocked and froze his bank account.
It is up to the chief to withstand the pressure from the consortium, quickly interrogate Madoff to make him confess, and then return the funds in the account to all the victims at the same time, rather than letting the consortium take all the money.
In the end, Madoff was imprisoned, the chief gained political achievements and reputation, the consortium made no profit but did not lose either, and the middle-class family lost some money but still has some left. They will curse Madoff, but they will not curse you, the leader of the case. The cake is barely enough. "
As long as the consortium still exists, it is absolutely impossible for the defrauded middle class to get back all their funds. Getting part of it back is the best outcome Luo An can think of.
After hearing Luo An’s plan, Elmer’s eyes became extremely bright and he applauded repeatedly, but suddenly he noticed something and asked:
“You don’t intend to participate in this case?”
Luo An nodded, briefly talked about the explosion, spread his hands and said:
"I do not have time."
In addition to this reason, Luo An considered that this matter involves nearly 30,000 middle-class families and will definitely cause a large-scale media discussion afterwards. Luo An does not want to attract the attention of these media, nor does he want to arouse the interest of the president and others.
Secondly, although Elmer is from the IRS, the FBI's involvement in this case cannot be avoided due to the responsibilities of each department.
As long as Luo An reports this matter to Mr. Clement or FBI Director Robert, as a cake maker, even if he does not participate in specific actions later, he will never lack his credit afterwards.
Thinking about these aspects, Luo An described the plan to Elmer in detail, then briefly described the matter to Veranith and Mr. Clement, and after introducing Elmer to FBI Director Robert, he Returned to his office.
Who will FBI Director Robert send to work with Director Elmer later, as well as how Madoff, the super con man, will be caught, Luo An puts them all in the back of his mind.
Turning on the computer and looking at the photo of the black and white mixed-race woman on the computer, Luo An narrowed his eyes and thought quietly.
咚! Boom! Boom!
It was almost time to get off work, and when Luo An was packing his things, there was a sudden knock on the door of the team leader's office, and a person walked in, it was Mona.
Luo An asked casually:
"What's wrong?"
“I received an email.”
Mona shook her laptop and said in a deep voice:
“The sender is Salls.”
(End of this chapter)